Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
It's a delicate season now, so you can do little or nothing on your own. Hence I’ll suggest you get yourself a financial expert that can provide you with valuable financial information and assistance
Very true! I've been able to scale from $50K to $189k in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
It's sad how difficult things have become in this recessive economy. I was wondering how to utilize some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $80K-worth stock portfolio from decline, but haven't figured which way to go.
Very difficult indeed, but when the going gets tough, the tough gets going. You have to learn and handle finances properly. you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows. Don't go for penny stocks.
Opting for a brokerage Adviser is currently the optimal approach for navigating the market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 300% since 2022
I agree with you on everything, these days finding a financial mentor is a tough challenge which is why I am happy and grateful to have been introduced to my mentor Larry Kent Burton by a friend
Are you dealing with Larry too? Honestly, this man is amazing. His reputation and experience in his field have certainly caught the attention of many people, it's a shame we only hear about it in the comments section. He is my mentor
Sorry for interrupting your conversation, just wanted to add to everything, Mr. larry is a miracle trader, his qualities are incredibly high. It not only allows you to understand the basic concepts well and also achieve your financial goals and objectives.
Yea i feel like its just people finally running out of money, no more spending = no more stuff to move around and sell. I wonder how the imminent war will affect things too, its all but confirmed that we are having an all out war with the whole middle east during pretty soon here.
They are still building where I live, but they are always behind, I would say by 6 months to a year they don't realize in Hawai'i what's happening in the mainland.
@@nikitachirich7985 We are having a housing boom in Charlestown WV, because we are only 60 miles from DC. People are fleeing the city to small towns like Charlestown.
Maybe the absolute tip of the ultra rich in top 100 globally, but all the billionaires and millionaires will be running around scrambling wondering why their giant multinational corporations aren't working or why the never ending pinata stopped dropping money. Mordor and 1984 and Brave New World were all fantasies and in a way utopian because they had to construct the scenario of absolute control. Even if your goal is domination it is still to small of an idea of running things for it to ever work. If society collapses its just as likely everyone becomes hyper independent as it is that they would join up into a commune.
Don’t expect a soft landing. We know inflation still far from its 2% destination - the FOMC didn’t raise rates now, we can never fortell their moves these days
I agree It’s always good to have a balanced fin-plan. I work with a professional planner multi mrkt and fixed-income strategist in NY. the fixed income portion of your portfolio won’t simply serve as a buffer to the volatility of the equity portion of your portfolio, but will provide legitimate income.
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Monica Mary Strigle‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
Do not worry, things will get worse. Also The Federal (not) Reserve (none) has zero money and most the lies. They can influence short terms and over night rates. What a strange game they all play. O yeah, we are force to play as well. -CRAZY! AMMIRGHT????
@@lilblackduc7312 "Your factual criticism of Jeff is much appreciated, as I too am perplexed by the unrelenting praise for a guy that has gotten everything wrong for the past four years." -lilblackduc
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
NICOLE ANASTASIA PLUMLEE' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up..
He's OK. BUT he really needs to add in behavioral econ in reference to understanding Fed actions if he wants to be a resource for professional traders and money managers. Outrage doesn't help you front-run the Fed.
It is a government inspired crisis this time. The Treasury have to sell Bonds to cover the trade imbalance and the government spending imbalance. In order to sell them they have to raise interest rates and the old long-term, low risk, low interest, AAA investments (including Treasury Bonds), held by the banks (often due to government regulatory policy), become next to worthless. The next milestone should be soon when the government issue a new batch of Bonds. I have a stagnant portfolio that needs growth. What is the best way to take advantage of this downturn?
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments. Nevertheless, seeking guidance from an investment planner might be necessary if you desire a more assertive return.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated almost $820K.
Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.
‘’Marisa Breton Dollard’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Excellent share, just inputted Marisa Breton Dollard on the internet, spotted her consulting page ranked top and was able to schedule a call session. I’ve seen commentaries about advisors but not one looks this phenomenal.
Give me the right to loan money I create out of thin air to the government and also let me set the interest rate and soon I will own the world and all your souls forever -FED
How does The Fed fight gravity. Even Elon's massive rocks, could not boost The Global Economies back into status quo.... whatever that dystopia will become. Not even the mighty Saturn V Rocket could save anyone from the fall. Like an avalanche starting. Rate cuts do not work, yet that is all they have ... CORRECT!
@@jm329 2008 didn't happen overnight either, but the signs were there as early as '06. If you're still in denial about where we're headed, you simply aren't paying attention.
Given the ongoing global economic challenges, it's crucial for everyone to diversify their income sources, especially those not dependent on government support. Now is an ideal time to explore investments in assets like gold, silver, and digital currencies such as Bitcoin, Ethereum, and XRP. Thanks to Loraine Souvenir for her outstanding proficiency and guidance in these fields.
It's truly refreshing to see a comment about Loraine Souvenir. I've also had the pleasure of working with her for several months after discovering more about her online. She has a knack for simplifying complex issues, whether it's a market surge or decline. Her approach consistently keeps you ahead of the curve. I'd call her a guru, for sure
Thanks to her insightful and forward-thinking market research, she is a trusted resource for traders trying to stay ahead in the hectic world of finance....
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1 million in returns on investments.
Jerome Powell is not an economist. As a matter of fact there is no evidence he can do any more math than a high school graduate. He has a political science degree and went to Law school. His background in “banking” wasn’t as technical leader but a deal negotiator. He is in his job to sell the lies they want told convincingly.
I am not a fan of him as much as you are but truth be told, he did work as an investment banker, assistant secretary of treasury under bush and served on various finance boards... doesn't make him any better tbh bc his decision to not cut in July played out negatively.
@@AndresLopez-sq5ks if you worked at Delta Airlines as a spokesperson would it make you a pilot, aerospace engineer, or aircraft mechanic? He has been appointed to the roles at Treasury and the Fed for the skills he does have which he used in investment banking. His legal skills and connections, not any technical acumen.
8/2/20 Video Titled "The Fed Strikes Out! Negative Interest Rates Soon?" "We're a hair trigger away from negative nominals, not runaway inflation." -Jeff SPY +62% QQQ +67% GLD +24% TLT -45% USO +159% CPI from 0.1 to 9.1 to 3.0. It's hilarious that a tiny little pullback in the SPY from all time highs, and suddenly "Our savior genius Jeff warned us this was coming!" Laughable.
Not to diminish Jeff's multiple fuck ups, but haven't you taken quite a hit being short long term bonds? I remember asking you if you are short when 30y was at 4.3 levels, now it is closer to 4 and you are still short I assume
My man...like I've told you more than once before, I have been Short TLT/Long TBT since 2020, and as I stated to you just last week, I am still holding one last piece of TBT Long, after continuously harvesting profits for the past four years. I also explained to you that I hedge my position when necessary as you can clearly see in my profile picture.
@@wagashiohagi Hedged or not you have been wrong on the direction of bonds for a while now expecting a second wave inflation or god knows what and you still double down on it, lets have this discussion again when 30y is less than 4 and see what you have to say then
Seven, When I told you I would be away for a while that was before he started crowing about how right he was,....."Like I have been saying,...JS". I just can't stand down now at this critical time to hold his feet to the fire, even if it's just you and me. I got your back, even if we are the only two left......we will stand tall together ,brother. PS: I roasted GG a few videos ago when he said "I would never sell my integrity". I reminded him of the 2000 Better Business complaints from parents that paid 8 thousand dollars for worthless acting classes.
Awfully convenient - Rate Cuts close to an election based on questionable data - you have imported 10 million (mostly working age) people so the change of rate is meaningless. The inflation reduction is trying to replace Chinese manufacturing. What you need to do is follow the Chinese model and support local banks to run the local economy with Fed backing as the lender of last resort (something they have not done in their quest for power).
The workforce is weaker than is being reported. It seems like payroll numbers should have detected the declining workforce participation. Is it the workers who are working from home and holding more than one job?
*The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that don't depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies (BTC, ETH...).*
I began investing in stocks and Def earlier this year, and it is the best choice l've ever made. My portfolio is rounding up to almost a million and I have realized that when a stock makes it to the news, chances are you're quite late to the party, the idea is to get in early on blue chips before it becomes public. There are lots of life changing opportunities in the market, and maximize it.
Dude what’s up with EVERY video have some ever developing first comment be a comment about some ridiculous Investment account they have with lots of money etc? And why is it always so upvoted
With changing economic conditions, finding extra income is essential, so I'm looking to the stock market to reach my $3M retirement goal but I'm not sure if this is the right time to get into the market.
The stock market can help you reach your $3 million retirement goal, but it’s crucial to have a well-thought-out strategy considering current economic conditions, your investment horizon, and risk tolerance. Alternatively, consider consulting an investment advisor for personalized guidance.
No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q2 2025.
I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her.
I don’t understand how mass layoffs in any industry doesn’t signal a recession. We saw the tech layoffs like a year and a half ago followed by plenty of others. How is that not a red flag?
My business showed recession at the end of last year nov,dec. People stopped using credit cards early this year. Paying cash or check. That's a sure sign of an issue with peoles $$$
Jeff Snider guaranteed in April that the U S would be in recession before the end of the year, in April of 2023,.....so just slow your roll there buddy with the " just I said it would" because when you say the same thing for 4 years sooner or later the hiking will have this effect. When making investment decisions early is just as bad as being wrong or like the Fed late .
A low unemployment rate is actually a negative indicator. Low unemployment is an underlying condition of a protracted squeeze on labor. This gives us insight into deteriorating consumption. Obviously, expected demand has not been met. The macro shows quite the opposite effect. Effective demand becomes apparent at around 11.5%. Anything lower than 11.5% is indicative of consumption negativity. We should not ignore the basic propensity to consume as Cw = X(Yw) or C = W*X(Yw). In other words, what we are seeing from the FED is probably an attempt to pacify the rentier class. This will most likely reverse after the results of the election. Do not forget that inflation is always the beginning of a labor squeeze ( by far not the end of the cycle ), and has quite negative effect on investment.
you said the same thing 500 times in a row. This video could have been 40 seconds. Despite this being on in the background I still lost patience. Did anyone make it past 5 min? Not hating man do your thing, I think you make some good points on your channel but yeeeesh
The broker guy wants me to put 150K into a growth fund that includes the big 7! 😂I told him to hold off on that for now 😂 He says don’t worry man! You’re missing out! There’s gonna be “stimulus!” 😂 🎉😅 Ummmmmm … I think I’ll keep my powder dry. Thoughts??????
Not making up to a million before retirement is unfulfilled retirement.!! I’m 54 and my wife 50 we are both retired with over $7 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock and forex market made it possible for us this early, even till now we earn weekly,
Crypto investment has really changed my financial status positively. I got my first house the year I started investing and today networth is over £732k
all you mention are all good but I’ll advise you venture into fx first because it will help you grow your portfolio very fast and it require not so much to start
They are sacrificing main Street to save wall Street aka the banks, corporations, and stock market. Stock market, inflation, and housing is about to skyrocket before it all comes crashing down
Whatever happens, we cannot fire up the corporate bailout machine (money printer) this time. We need the real recovery we weren't allowed to have after '08. Maybe young people can finally afford a house again.
Ok Jeff, I’m convinced that the information you provide here is first-rate. I won’t name names but there are big RU-vidrs that just stare at their camera and say “but the data shows, the data shows!” and then laugh like they said something profound, without having shown anything at all. This is always the best insight into monetary policies. Videos are non-stop information, with expert commentary. Well done.
Hi! Loving the channel so far - I only just discovered you. Im also extremely new to this whole field of study, so I'm curious where I can learn more. Unfortunately, I only understand bits and pieces of thos and I'm trying to learn. What does a rate cut mean for people in the U.S. (i.e. what effect does a rate cut have and what does it impact)? Any help would be appreciated. 🖤
I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Bruce Murdock, for his expertise and exposure to different areas of the market.
My colleagues had a good laugh at me when I told them I started my journey with $50k capital and how I accumulated over 6 figures within a span of 7 months. They never believed me until I pulled out my P&L. I know that learning the ins and outs of the market isn't for everyone, that's why personally, Bruce Murdock oversees my investments.
Without a doubt! Bruce Murdock is a trader who goes above and beyond. he has an exceptional skill for analyzing market movements and spotting profitable opportunities. His strategies are meticulously crafted based on thorough research and years of practical experience.
Japanese stock market plunged on August 5th because they decided to raise their interest rates by 0.25%, and US got backlash of it. Next day Japan changed their mind and everything returned to normal. Imagine if Japan would raise their interest rates by 0.5%? Everything ends !
In 2001, unemployment was around 3.8% when the Fed started cutting and we still got a very nasty recession. In 2007, unemployment was around 4.8% when the Fed started cutting and we got a very nasty recession. In 2024, unemployment could well be around 4.6% next month when the Fed starts cutting. Mexico is already in a recession, Canada is about to go too. A recession will hit the US before year end.
@@Hdc2390 With the Fed Reserve cutting interest rates in September, it's likely to provide a temporary economic boost, but it may also accelerate the debt growth rate and increase the likelihood of a severe economic downturn in the long run. Here's an updated analysis: Short-term effects (2024-2025): - Lower interest rates will make borrowing cheaper, stimulating economic growth, and increasing consumer and business spending. - The temporary boost may delay the onset of a recession, potentially pushing it to 2026 or later. Long-term effects (2026-2028): - Lower interest rates will lead to increased borrowing, further accelerating the debt growth rate. - The Fed's actions may create a temporary asset bubble, which could burst, leading to a severe economic downturn. - The likelihood of a depression-like scenario increases as the Fed's tools become less effective, and the debt burden becomes unsustainable. Revised probability estimates: - Probability of a severe recession (GDP contraction, high unemployment, and inflation): 55-65% - Probability of a depression-like scenario (extreme economic contraction, widespread financial instability, and significant social impact): 30-40% - Probability of a milder recession or economic slowdown: 10-20% - Probability of a continued economic expansion or soft landing:
I stated before the rapid fed rate hike that happened last year was the FED trying to make breathing room. My assumption is that they have always known the economy was trending down and if they kept rates low while the economy got worse, they would have no more room to "cut". They have to make room for the illusion that they are "doing" something It's all psychological. Fed really doesn't have anything else.
Yeah, one has to wonder why the rest of the investment community can't seem to figure this out. The Fed has no control over long-term rates, and arguably little control over short term rates.
Part of me just for the sake of maximum chaos and failure, is like "go ahead and raise them again on instead" We have been bsed so much on how good the market has been, that I want to see it
That doesn't mean shit yeah there's a labor shortage everybody is advertising and interviewing (some 3-4 rounds over several months) for mediocre to shitty jobs. But nobody's getting hired.
I can’t say that I’m surprised. I never believed that they were serious about fighting inflation. They have now surrendered when inflation is at 2.9 percent. Whatever happens next, expect more inflation.
The government is behind the inflation they always are. The GDP is low they're using the inflation to pay debt. They don't want the public to know that so they blame businesses gouging. We have a huge supply chain problem.
Yes, but the markets like rate cuts and have been conditioned to go up with them. And the stock market seems to not be a reflection of the true economy. Like, what product does META produce other than a social media platform, yet the stock is near an all time high.
I'm sick of these incompetents that we don't need in the way and whom are ruining our lives. Even the dumbest of us now has access to more credible information in all of history and have seen this coming for 2 years!
It's all planned bro..........they want to put the biggest asset bubble in history and stock will shoot up creating euphoria before the biggest crash in human history and the elites will buy up everything at damn near low interest rates. The war will start sending stock high after the crash
I wouldn’t call this “incompetence,” but there is some of that for sure. I am betting they thought they could keep the lie alive through the election. Remember where their paychecks come from.
Meh. Sure rate cuts are a sign of economic slowing; doesn't mean a crisis is coming. For traders, this just means shifting portfolio focus and enjoying the ride. For laborers? Well, they should have become capitalists.
If this is true and the sell off in the stock market had more to do with repricing for the bad jobs report that we got on 8/2/24 and not the interest rate hike by the BOJ on 7/31/24, how do you explain the fact that the sell off started on 8/1/24 which was one day before we got the news about the labor market? If you look at the S&P chart, you will see three big red candles on 8/1/24, 8/2/24, and 8/5/24. So, the official narrative that the sell off had to do with the interest rate hike by the BOJ seems to fit more with the facts than that it was a reaction to the jobs report. If it doesn't, please explain why?
I'm a software developer and on the job board I like to use there used to be 8 pages of results. Now there is one page with 8 jobs listed on it.....its worse than covid right now. Don't tell people just learn to code because there are no coding jobs now.
Not to mention with increased globalization, programmers are more at risk than anyone for competing with guys from India who will work for 1/4 the salary.
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.
You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst
My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.
