David Kelly, JPMorgan Asset Management chief global strategist, joins 'Squawk on the Street' to discuss if the latest jobs report doesn't matter much to the Federal Reserve, how investors can digest the jobs report data, and much more.
Someone said that it's time to be concerned when you start to see individuals shoplifting groceries rather than big-screen televisions, and i agree. Truth is, inflation will never reach 2% ever again, maybe in the next life, but not this one. Anyone purchasing groceries and gasoline is aware that real inflation is much over 10%; they simply lie about it like cheap blankets. In reality, interest rates would be in the 20s because of how high inflation is. But then despite the severe bear market, I am aware of certain investors that continue to earn over $365,000. Wish I could accomplish that.
Very possible! Particularly in this weak market. There are several opportunities to generate excellent returns, but such intricate transactions can only be carried out by seasoned market professionals.
I totally agree, it's been three years and counting, and I've made over 1.7 million by simply following a coach's advice. I was on the sidelines for a while watching, trying to determine the best time to get in, before I came across a coach, recommended by my wife. I was reluctant at first but I went ahead and contacted the coach. As a small reward for my consistency, I went on a trip to the Bahamas in the late summer. haha
My husband and i just had this conversation this morning. This is exactly how we wish to get our finances coordinated ahead of retirement. Can I get access to your advisor?
Cant say much I got to know her through my wife ‘Monica Mary Strigle’ 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.
Just did a copy and paste search of Monica Mary Strigle on my browser and her page popped up immediately, thank you for saving me hours of researching.
I completely agree with you! My first 100k took a long time and wasn't that special to be honest with you. Once I hit 300K that is the game changer in my opinion. At this point my money is basically making me a pretty good yearly salary. When I go to sleep at night I know my money is making decent money with the help of my FA!
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
Let me translate this for you…. Bla…bla….bla…. I’m losing way too much of my billions of net worth and I need the Fed to cut rates or I might have to take a loss. These people are fuc*ing pathetic.
Total agree. These people are pathetic. I been saying this since Ber B. That they need lower rates ina good economy is pathetic. I said to on line the other day wallstrand wash it’s the guetto
As usual, two-thirds of these jobs are in government, healthcare, social assistance, and hospitality. People should look at the detailed BLS reports, not the headline numbers, and even those are revised down a month later. Creating a bunch of unproductive jobs by running massive deficits and accumulating trillions in debt doesn’t sound like a dynamic economy. But I guess they need to put half of the population in healthcare and social assistance jobs in order to handle the sick, mentally ill, homeless, and impoverished in the other half.
"Creating a bunch of unproductive jobs" Healthcare is unproductive? I bet you would feel differently if you end up at the hospital requiring an emergency procedure.
@@ssuwandi3240 Cleaning staff and assistants are unproductive? Do you feel the same way if you are bedridden in the hospital for weeks and no one is cleaning your bathroom, changing your bedsheets, or bringing you clean utensils? You call them "non essential" worker? Are you serious? Do you also consider trash collectors low value?
The consumer is broke, period. This ends horrifically. This guy is paid to tell you all is well. It is not. Find a safe harbor quick, you are going to need it.
Basing on the trend, two economies converge together. Which one needs help and which one does not need help? Common sense the weak one needs help, and curtail the one does not need help.
@@gwuengr2 Direct quote from "Investopedia": "The Bureau of Labor Statistics collects employment data via its professionally trained field economists. These agents utilize house visits, phone calls, video calls, mail, and email to gather data via a conversational approach." So, what's your source, or are you just assuming?
