Unemployment is about to explode. Fed will be forced to cut rates. 

Agree. This lying regime is horrible for America. The partisan nature of the country is killing every American.

The FED doesn't have to lower its fed fund rate and probably should not. Lowering the FED fund rates probably won't change the recession outcome much if at all, but more likely could spark more inflationary pressure. Stagflation is when the pricing mechanism stops working and economic activity slows to a crawl. Prices stick and without a price adjustment things stagnate for decades. Changing FED fund rates without demand for lending is a mute point. An exercise in futility.

🤣

It's a lagging indicator. Everyone who gets a severance will not show up in the data until they apply for benefits.

In phoenix apartment are cutting prices 30% since june

Real estate and stock investments may be good decisions, especially if you have a solid trading strategy that can see you through prosperous days.

You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.

Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with lynne Marie Stella for the last five years or so, and her returns have been pretty much amazing.

I appreciate you sharing this. When I looked up the woman you named and read through her credentials, it was obvious that she was a complete professional. I just need her to respond to the message I wrote her.

navigating market volatility can be challenging, it might be beneficial consulting with an advisor to provide personalized insights based on your specific situation and financial position

No doubt, getting proper financial advice is invaluable, my portfolio is well-matched for every season of the market and just yielded 120% from early last year. I and my advisor are working on a 7 figure ballpark goal, tho this could take another year.

I’ve been considering getting one, but haven't been proactive about it. Can you recommend your advisor? I could really use some assistance.

‘’Aileen Gertrude Tippy’’ 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.

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor OR in a financial market, requires guidance at some stage.

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with “Iynne Marie Stella” for the last five years or so, and her returns have been pretty much amazing.

Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.

I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.

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 broker, 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.

This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

Come to Florida! Lots of openings in Water Resources!

Huge increases in part time jobs, that’s about it.

Keep it up ... cause surviving the longer long-haul will be all that matters. Remember this.

THERE ARE NO JOBS! Please - look at the job boards - there are less than half of what their were! LESS THAN HALF!!!!! Please watch this - I feel like I am the only one seeing this - please, don't listen to data, believe your own eyes!! You can do it - take back your power!

If this administration says anything you know it is a lie.

💯

I just went to look at some homes near a lake in SC. Not on the lake...near it. 3200 sq ft new construction builds going for $600,000+. Same house pre-COVID would have been around $400,000. Asinine. Quiet depression or whatever you want to call it...people are still buying stuff, in large numbers. At least in SC. Like nothing is concerning.

You are incorrect. They’ll hyper-inflate the dollar before we ever raise rates anymore more. It’s why they stopped at the number they did. They’d break the system going any higher.

@@JRGUSC A majority are financing stuff, not buying.

not yet........the next scamdemic will cause the next depression

you need a certified financial planner straight up! personally, I invest in ETF's and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment

Agreed, After taking charge of my portfolio in early 2017, i stumbled into losses. Upon realizing that a change was necessary, I consulted a fiduciary advisor in 2020 and since then my $1.2m portfolio has gained 28% annually through restructuring and diversification using dividend equities, ETFs, mutual funds, and REITs.

great gains there! mind sharing details of your advisor pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help build wealth over time

Annette Christine Conte 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.

Thank you for sharing, I must say, She appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.

The stock market will go down further and goodluck on the fed pausing rate hikes w/ all the hawkishness that has failed to keep up with inflation.

If the unemployment rate is able to remain steady while the Fed hikes and inflation falls back to target, a soft landing might be on the table

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

Fixed income Tbills and bonds may work for you while you try to figure out the next entry point for stocks

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.

Same boat. Definitely agree.

Hey, me too, senior software engineer! Got laid off in September, been nothing but junk out there and now there isn't even junk 😂 My tech buddies are either laid off or their company is laying off.

💯

Experienced RN here laid off in 2011, took 11 months to find another RN job, and only because my friend knew the Manager. Hundreds of RNs applying for 1 job at that time as well. Hoping you all get a break soon.

Yeah it's tough competition

More than a decade of lose money policy, and money printing. Agreed.

But instead, they're on the cusp of starting to lower the FFR. I firmly believe that the first two 25-BP drops will lead to a 100 BP reduction in the 30YFRM. When it falls below 6%, new home prices are going to follow existing home prices & start to rise again.

Then my savings will be getting extra interest …. I agree 👍👍

No need to increase or cut rates, just cut all credit (money supply), inflation will die overnight and everything will become undervalued !! But guess what, they wont do it, because their goal is to always keep inflation alive !!!

They may have to lower the FFR or the government may have to "print" or whip up outta thin air so much extra money to pay the debt/deficit and pay for everything else around the world - which will cause even more inflation because of so much money printing 🤣

You don’t have to receive unemployment to be counted.

@@AJourneyOfYourSoul do they still count them if they don't apply for unemployment? Because if someone knows they don't qualify for unemployment, I doubt they would waste time to report/apply for it.

@@bestly802unless you are part of the BLS survey, you personally are not counted. They actually call the participants of the survey to find their employment status on a regular basis. Survey consists of 60,000 households nationwide.

Wishing him lots of luck and landing something good 🍀🍀🍀

@@bestly802 The unemployment figure is determined by a survey. They randomly call households/people and have a list of questions they ask. If someone is out of work, but currently looking for work, they are considered unemployed. As long as the sample size is large enough, they get a pretty good picture of what is happening in society. In order for it to be more accurate, they probably sample by different areas in the country to get an overall unemployment picture.

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.

True, I’m quite lucky exposed to personal finance at early age, started full time job 19, purchased first home 28, got laid-off work at 36 amid covid-outbreak, and at once consulted a well-qualified advisor to stay afloat. Thankfully, my portfolio has maintained steady growth ever since, amassing nearly $1m after subsequent investments to date.

Finding financial advisors like Jane Nina Pickett who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

Thanks for this. could easily spot her website just after inputting her full name on my browser. she replied my inquiry and we scheduled a consulting session sometime tomorrow.

I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, Jane Nina Pickett turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

There was also no recession from Covid, it’s about to be 5 years now since all those stimulus checks …. Soft landing and recession was avoided

He also said young people need a housing "reset". It will happen.

True. He did say there will be a lot of “pain”. He also sort of hesitated when he said it.

Threat, not promise.

That's a strong economy you losing your job!

What sector(s) and position(s)?

I think the field you're in and where you live impact that as well. I've applied for jobs in the last 2 years and I've gotten three jobs. I just recently started a new job and I love it.

@@bobnas She will not answer. Lies.

@user-dn5ud1cr3b chill. Like I said I'm still employed so I don't sit by my phone all day 😂. I'm in ca bay area and I'm in the biotech/pharma/research industry.

@bobnas I'm in ca bay area and I'm in the biotech/pharma/research industry.

In my city suddenly lots of residential listings, most on market for months and all with price drops. Had a nasty feel to it.

and the Govt says the economy is fine - all lies

@@lazydayB2B I charge what's appropriate for the value I bring. My average call to come out is 59$. Average range of repairs hover between 400$ to 1100$. But it depends on what I'm working on. AC's have become much more expensive recently due to supply constraints and increased government regulations both federal and state.

yep, it's a vicious cycle. it can get out of hand fast.

@@mr.frandy7692 indeed

Fed painted itself into a corner!

@@tracybondelier2672Printed

Good grief, the longer they delay this much needed economic collapse, the worse it's going to be. So many zombie businesses need to fail. Glad I was able to get a little bit of silver. Gold is too expensive for me to get in to 😢.

Not the fed, the fed knew what would happen and knows what is going to happen. At this point all they are doing is keeping people from panicking.

The Fed put themselves into that place by inflating asset prices to many times real value.

Canada says: "Think doubling is insane? Hold my beer!"

Which means it is in a massive bubble. Bubbles pop.

You should lay the owner off...

Exactly. The FED will have to go insane with QE again to drive bond yields down.. but if there is 4% inflation and the 10 year is paying 1.5% who buys that guaranteed loss? Only the FED and their money printer. So the FED can successfully drive down yields if they want but the unavoidable consequences is inflation. Not only will FED printing cause inflation but a broken bond market means all those billions of investment dollars find alternatives.

We'll have 4% 10year with flat inflation. It'll get ugly.

@@crowbird213 I'm worried the stock market will "melt up" because I've been selling into cash/5% money market in prep for a crash downwards

correct, we are done and I have to blame the voters and the NON voters, we vote horribly, short term mindset and greed, what about me verses what about the long term health of the country, they have been screwing us and giving us candy for 40 years, they are out of candy!!! this one is going to hurt bad like a rotten tootth

@@Ayo-hf9xd with real rates even higher, stocks will not be appealing.

Most Americans are clueless and that’s why they in debt up to their eyeballs. The coming train wreck will make the Great Depression look like a speed bump. When that much stupid hits reality head on it will be absolute madness.

we've been in a recession since 2018'

Yes, first was printing and lowering,than printing moooore, now is overcorrecting and ship is going down...

Thats what Ive been screaming! I believe the covid bullshit was really to disquise how fucked everything is/was/will continue to be.

They have been ignoring the signs. I am middle income and have been insulating my self for years. We will go into a depression this year. People are about to get hurt.

Hey, you're the ones who sit in front of their tv every day.

@@gregorysagegreene I don't watch any of it. It's mostly lies and deception.

Because it's been going on for so long that most people think it's normal.

Half the population at any given time pushes the lies for political partisan reasons.

I haven't .. i am shorting into this blow off top.

Diversify your holdings across several asset types to reduce risk rather than putting all of your eggs in one basket. If you don't know a lot about finances, speak with a financial expert.

Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 300K cash earning 5.25 interest, 685k in 401k, 250k cash account, 120k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed overtime.

pls how can I reach this expert, I need someone to help me manage my portfolio

Amber Dawn Brummit is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

And they raised minimum wage so now all the people are poor so everyone can bid against the local burger king worker to buy a house. A BK worker who will bid up the price of a house with no idea or concern for how much it will actually cost

@@papapickett7267 making $15 an hour isn't going to put any fast food worker in the position to be in a bidding war when a starter house costs $400,000k. Please say things that make sense instead of hyperbolic bullshit.

@@papapickett7267perhaps don’t print money to give poor ppl free money, welfare, shutting down the country for a year, bring in millions of illegals, print money on multiple wars that failed. The fed only option is to let ppl suffer and raise interest rates.

@@ANonymous-gw2cs “Think of how stupid the average person is and realize half of them are stupider than that.” George Carlin

Right to work state like AZ. These states always take the worst hair cut in down turns.

Their will is being broken as we speak. Most sellers can’t afford to sit on a listing indefinitely to fulfill some price fantasy. Another 6 months and the reality will have set in for most of them. Price corrections are already occurring in many markets. The Fed just needs to stay the course

Yep, it's the biggest wage compression in history.

Yep the people saying the 1970s were harder aren't paying attention. Wages were a lot stronger in the 70s.

I laugh at govt stats saying food has only risen 30% in the last 3-4 years. Data manipulation at its finest. Steak is 100% higher, snacks for my kids' lunches have risen more than that. What hasn't risen much? Booze. Oh great. I expect alcoholism will jump in the next couple of years, and deaths of despair will go back to pandemic era levels.

@@EvilMonkey7818 Its cheaper to just drink IPA than it is soda or juice or anything else. Reminds me of the medieval ages.

Agree completely

Now I've been stacking gold for years I'll be fine

​@cultleader3572 some people are going to get rich during inflation. Diversify gold is going to 4.8k an oz

@@MCthespeaker u won't get rich it keeps with inflation . Everyone else just gets much much poorer.

@cultleader3572 some people will hyperinflation isn't going anywhere. The government will continue to print money. What people do in next 5 yrs is important

Idk if that has any ties to inflation. The labor market in skilled and unskilled labor is still not seen much difference in increased wages. Unless you want to work at FamilyDollar for $7.25/hr and live in perpetual poverty/debt, then yeah, the migrants are taking our jobs.

Dishwasher, housekeepers and farm workers better watch out!😂🙄😂

​@@FadeHook23Migrants take more than minimum wage jobs. The fact that you think that is just racist as hell. The reason the border is open is to make as many people as poor and dependent on government as possible.

It’s an easy fix. Just push legislation that gives a path to citizenship by becoming a non union teacher or non union govt employee. Think of the savings! And they wouldn’t want to become a bigot and oppose the ending of this shameful oppression 😂.

@@FadeHook23respectfully, this has been going on since Reagan. Meat packing, roofing, siding, framing, dry walling, ag workers, landscaping…

who is behind the FED? and the central banks all over the world? The same people who run the media, Hollywood and the music industry.

Yep, we should just not pay it. Cut it out of the debt and get rid of it if we can.

Woodrow Wilson: “Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it.”

Yeah but our government asks for that money from the Feds to spend on everything and anyone but its own citizens

You are right. I have seen a few videos explaining the fed and it's unscrupulous methods.

Unemployment is still near historic lows.

@@thejuicerr which is why the Schiller Curve is still going up !!

And you think the official unemployment number is anywhere near accurate? It's a manipulated statistic. Watch my comment get auto deleted by youtube

Not anymore .... Most homes are bought by investors now

@@shawnPATSFAN About 1/3 of homes are purchased by investors

BribeEm already said the “Economy is strong as hell”….

This is a FACT!

Like you could expect truth from the other administration.. lol

​@@6ChickenNugget9at least people aren't nearly suffering as much as this one. Lol.

​@@6ChickenNugget9 the other administration didn't have anything to lie about in regards to the economy in the first place

People look at the monthly payment. If a 2% reduction in mortgage rates means $200 less a month and can fit within the buyers budget...they'll buy.

i'll take a lower price tag over lower interest rates anyday..... i'll take 13% or 14% if the house price is $50K -$80K like back in the 80s & 90s

We in a recession here. We will come out of it first, too.

My advice is anywhere you can find a high field, not far from a walmart.

Prayers for you my friend.

@@michaelbrower5042 thank you so much. I appreciate it . I feel as though I do not count on life. I appreciate the prayers

Or internal jobs that should be illegal to post publicly!!!

@@stown308 It's always been a shady practice, but you can't regulate that. Companies can always say they posted publicly to keep their options open and you can't prove them wrong.

They do it to fool investors into thinking the company is growing. They've been doing it for a long time and yes, it should be illegal.

You have a point. Companies want to assure investors and current employees in the short term that things are ok with ghost job postings. But they're letting former positions sit empty.

have an uncle who works for a subsidiary of coca cola.. i had interest in the job so i applied well over a month ago, heard nothing back. attempted to get in contact with recruiting multiple times and they wouldn’t even pick up the phone! i’d get placed on hold until i get hung up on every single time. while searching for other jobs i’ve noticed this job listing is posted almost weekly since then.. had never heard of the ghost listings until now, makes sense

Exactly what we need !!!! A fast food worker should not be getting paid 20 dollars an hour. Those jobs were never meant to sustain a household. Let's get real. All prices for everything needs to come down.

​​@@bpb5541 if those jobs dont give a livable wage then no one would take them. do you want your order to be taken/made by robots? stop saying those jobs dont deserve a livable wage when they do. also its not about increasing wages, its about making living cost less thats what the issue is. wages wouldnt need to go up if everything wasnt getting more damn expensive.

@@juancastaneda4923 no they do not. Fast food jobs were never designed to be a livable wage. They were jobs for teenagers and folks need a little extra money. A fast food job should not pay what a skilled job does PERIOD. But somehow we got here thinking it does. Which is why a Big Mac cost $8 and now people have stopped going there. Which is called price rejection so the McDonalds stores have two choices. They can cut employees or they can lower prices to get folks to come back and maintain their margin. If not the margins shrink.. corporate McDonald's still gets there money because they are a real estate company not a fast food company regardless of what people think.. so they are gonna get their rent. And of course i don't want a robot to serve me. I think these jobs have their place just not for someone to live off of. Choices are choices and hard work is hard work. A plumber makes a much as a doctor.. both take work and training and sacrifice. But let me ask you this how much longer do you think fast food jobs are going to be around? My McDonald's has shrunk in employees by half in just the last 5 years. There are now kiosks that are in the lobby. Only people in there are drive thru, and the cooks. That will soon be animated too. You will have all fast food restaurants being run by 1 or 2 people max. Just like going into most stores and seeing only on cashier. This low skilled, low paying jobs are dying. Why? Because folks got greedy think a low skill job deserves to be high paying... so it force buisness owners to cut them out to maintain margin. Now if folks in low paying jobs would have been happy with 12 or 15 dollars an hour they would be forced out. In CA they are getting 20 plus. So one of the most expensive thing a McDonalds franchise owner has. I told my wife that once CA fast food wages went over $20 a hour we would see massive fast food restaurants going out of buisness. Which is exactly what happening and it will only get worse. Soon there will only be a few left to go to.. those will be the ones that are the most automated. And the more that go under the fewer jobs there are going to be. It is a self licking ice cream cone and for low skilled workers it is only going to get worse. And it is heart breaking. Folks need to be very careful what they wish for. Better to have a $15 an hour fast food job than no job at all. But this just does not apply to fast food it applies to many many low skilled jobs. Ai and automation is coming for people and they have no idea. Throw infaltion in there and we have the perfect storm for massive unemployment. It scares me to think about. And 5 years from now America looks very different.

A lot of people depend on fast food. Not everyone is a skinny, healthy, good choice maker, you have to remember that, a lot of people are obese or infirm and are sustaining themselves off fast food. A lot of single moms with kids out there, feeding their kids with it.

@@matthewbrandley9027 😂😂🙄😂😂

@@Pepperboy555 prove me wrong

@@matthewbrandley9027 move to Arizona, lowest unemployment rate in decades with rising wages. Just because you lack skills, education and or training don’t be blaming anyone else. Unless you’re a dishwasher, housekeeper or day laborer, in that case you’re absolutely correct.

@Pepperboy555 only fools believe the unemployment numbers which are rising and are actually around 20 pct

What makes you think anything is real????? Artificially??? It is all artificial!!

the public would still somehow blame "supply chains and corporate greed" for the rising prices

@@Ayo-hf9xdI mean that’s still present. They just don’t know how to differentiate in the era of misinformation

The names will only stick, once *they* admit it.

This!

Never wish for what you will get anyway.

I like it better now! Inflation is just the cost of doing business!

@@jimgoodreau1245derp

You first 😂😂

@@jimgoodreau1245 are you in sales?

What loss? The average length of home ownership is 8 years. Only 15-20% of homeowners have lived in their home less than 5 years. Everyone else is sitting on huge amounts of equity. Sure, they may not get the peak price, but they're not selling at a loss.

I don't have a problem with the latter.

Most states have employment at will laws so it’s across the board. There’s no job security for anyone.

facts

Numbers have been cooked for at least 18 months.

Oh they already kicked out hundreds of thousands of indians like a year ago from tech. Did we forget that already?

Agree but Powell does not want what happened in the 70s when they cut too soon and then inflation raged and they had to be even more aggressive which mad the recession much worse than it should have been. And I also think the FED is always late.. both in raising and cutting. What we really need is no FED at all just let free markets figure out what true price is. But there is no easy money for the rich in that.

Unemployment figures are based on people currently receiving unemployment check. That's the way i understood

@@amunderdog and depending on the state, they only receive it until the $ runs out. Then they drop off the count even if they're still looking for work. Also those who do not qualify for unemployment benefits aren't counted either.

@@amunderdog "The U.S. Bureau of Labor Statistics uses the Current Population Survey to estimate the unemployment rate. The unemployment rate takes into consideration only those in the labor force; those working or those not working but actively looking for a job. Many critics believe this underestimates the true unemployment rate. The Bureau of Labor Statistics has six different unemployment rates to take into consideration the varying degrees of unemployment."

Unemployment is way higher than whatever they're trying to make it out to be. Not to mention these little gig work delivery jobs aren't employment lol.

Most people don't understand the concept of "buying the dip" buying the dip is all about buying digital assets when their prices are down and selling off when the price rises.

The Fed is already lowering the rates by buying all the debt in the market. so i suggest you get a financial expert for your portflio in this state of time , for a successful trading .

Agreed, I’ve been investing in the market for 11 years now, last 4 years with the help of a fiduciary advisor apparently due to the covid-19 pandemic crash. Throughout these years of guidance, I've been fortunate enough to 10x my return as a DIY investor, summing up nearly $1m ROI as of today.

I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help

Melissa Marie Colby is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment

I just looked up your coach and she seems very rich. Need to change the trajectory of my finances, will definitely work with her

The rich getting richer is Bidenomics in a nutshell.

@@SSHitMan No it’s not!!!! It would be even worse under trump! The guy that removed restrictions for investor to take over the housing market and he’s the one that gives massive tax cuts to corporations. I will never vote for Trump! 👎

@@SSHitMan The rich always get richer, regardless of president.

@@SomeUserNameBlahBlah Biden's policies are disastrous for the working and middle class and great for the wealthy. Real wages have gone down under Biden even as the cost of food and housing has gone up.

@@SSHitMan no, it's capitalism in a nutshell.

I’m sorry, but you’re not the brightest

You have it backwards, currently only the wealthy and well off can get a loan... the rich are the very embodiment of greed, they make record profits while paying out next to nothing in wages. I'm all for down with the rich, in the past we were told to eat cake when the wealthy had ruined the people's economy and having lavish parties while we starved... we know how that went, and yet they tell us in this age to go eat cereal... I've got my pitchfork ready, just need more to join my "crazy"

​@nicholas19karif they cut rates well get inflation surging and still no growth, it's fucked either way

The higher rates are making the rich richer from bond interest income, and they typically spend it since they're already rich. Inflation is killing the poor and anyone who doesn't have investment assets. The investor class + non-investor class willing to go into debt are keeping the economy going, but it won't last forever.

Oh but if the money-changers would just cut themselves.

Yup! Today's situation is the PERFECT example of stuck between a rock and a hard place.

Exactly. That's what will happen when the economy is not organically better.

When you drop rates, you will end up being able to have inflation skyrocket

And if inflation skyrockets so will bond yields.. which will make banks holding 0.5% bond garbage insolvent.

@@jonathantaylor6926 I regret not putting money in the markets in 2022

Considering the economic situation I ask,?? How can we save our families and friends from financial slavery. It's getting more scarry,how can we generate more revenue? We cannot afford to see our people's savings crumble into dust.

I always wanted to trade for a long time but the volatility price has been confusing.

Wow. You know Laura Ferguson too? I thought I'm the only one she has helped work through the fears and falls of the forest. Her training last week was amazing and the strategy she applied were mind blown .

That woman totally changed my life for good. I have come across individuals but non is as honest as she is. So surprise you know her too.

Is there anywhere I can get across this woman for a startup???

Garden Variety Recessions, lasting only 6 months, have been a myth since the 90's. Cut costs, get some form of interim income.

Lol why would you trust some youtuber who obviously has his own narrative to sell you

I trust Juicie Smoolet as much as the main stream media.

@@MerpDerp-hz9ttYou don't think there mainstream media has their own narrative? They have their pockets lined from corporations for years. I would rather trust a more "boots on the ground" RU-vidr that travels the country, talks to locals, and analyzes data.

@@mikejones-777 i never said they didn’t have their own agenda. But clearly this youtuber does as well. You’re incredibly naive if you think otherwise

⁠@@MerpDerp-hz9ttAll I'm saying is that we live in a time of misinformation so I'd rather trust someone who isn't influenced directly by corporations. Since you have to trust information coming from somewhere, I'd rather trust him.

Most of the "food" people are buying isn't real food. They could save their money and their health by limiting what they put in their shopping carts to unprocessed products and cooking for themselves from basic, whole food ingredients. (Time versus money and health.)

When you’re trying to create massive inflation beyond the massive inflation that you created in the first place.

Going on 4 years…

They'll cut after they've broken things, not before. Investors know that, so when the Fed does a cut the stock market will have a sharp drop. Unfortunately I think that will get the money printing back.

Good it needs to go down. Then maybe Americans can stop acting like spoiled little brats.

And we are already deep into national debt this is seriously a disaster

Really? We haven't even started. If folks think this is bad they have no idea what is coming next. It is going to be so bad it will take people's breath away..

The stock market is at ATH because the USD is worth 40% less the stock market should be higher by 20% but we are in a recession. 40% of all USD was printed since the 2019 fever dream

Also it’s like 15 companies pushing the entire market higher in a flight to safer growth. Last point September or December whenever they do cut will be a major sell the news event. It’s all baked it already. Il getting prepared to go short come the 3rd week of august

Because the Casino is into all hard assets.

Demand is low because they can't afford the house

The high end of the market is still doing pretty decent. Also, Boomers who bought long ago when homes were dirt cheap compared to now have been selling for massive profits post-2020. They've been a record share of home purchases for a few years now. BRB buy a home for $125K back in the 1990s, sell it for $650K in 2022, put down 50-100% on a new build. So many of my parents' friends have done exactly that, and the data backs it up. For buyers in 5-15 years there will be a lot of supply available from Boomers leaving existence.

Be patient all these rich boomers that bough second and third houes or rentals and companies that did the same are about to get their faces ripped off.

It is called - Stagflation. Prices keep going up while demand keeps falling at the same time.

Where were you during 2022 when companies were making record profits and we were all making record wages?

@@Ravi-rl8tt wages haven't even kept up with inflation. Even if the dollar amount is more the power of that dollar is less.

@@MrShowoff27 Mine easily have superseded way past inflation. Quit flipping burgers and get a real job lmao.

@@Ravi-rl8tt You liked your own comment pretty fast. Oh, so trickle down economics just worked for you in 2022. How scientific! You really show an understanding of large scale statistics vs your own anecdotal information. I'm not sure you could handle having a job when you display your lack of understanding of simple concepts.

@@MrShowoff27 Quit using the singular form when I was overemployed with six jobs in 2023 at the peak🤣🤣👌🏾.

True. The govt will come up with programs to keep foreclosures at bay. More govt debt, harming Millennials and younger. But bonds will be juicy.

Unemployment is actually going up lol