I swear this statement comes from a beartard pretty much every year, and then when a recession does occur they move the goal posts and start calling for a second Great Depression. It’s the bears bread and butter.
As always, a great analysis. Newcomers often wonder if it's too late to navigate the financial market, but the market is always unpredictable. Trading has more advantages than simply holding, so it's important to learn before diving in. Active trades are necessary to ride the market's waves. Thanks to Whitney Eston insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings, managed to grow a nest egg of around 127k to a decent 532k. Kudos to the journey ahead!
*Larry Burkett's book on "Giving and Tithing" drew me closer to God and helped my spirituality. 2020 was a year I literally lived it. I cashed in my life savings and gave it all away. My total giving amounted to 40,000 dollars. Everyone thought I was delusional. Today, 1 receive 85,000 dollars every two months. I have a property in Calabasas, CA, and travel a lot. God has promoted me more than once and opened doors for me to live beyond my dreams. God kept to his promises to and for me*
It is the digital market. That's been the secret to this wealth transfer. A lot of folks in the US and abroad are getting so much from it, God has been good to my household Thank you Jesus
As a person with considerable visibility across much of the manufacturing sector east of the Mississippi, I can say with certainty that there has been considerable weakness in B2B and B2C business since mid-Q1. I've seen medium-large companies do large layoffs, be late paying bills, freeze engineering spend on new projects, and reduce/delay orders for input components. This is widespread, not isolated to specific sub-sectors or regions. The financial professional types keep pushing the "all is well" narrative, but as a 'boots on the ground' guy I must strongly disagree. I have my theories to explain the disparity, but that'd be a book of a reply.
Most of my portfolio is biotech and I've been getting slaughtered all year. We're definitely in a recession in some areas, but it's very uneven, the AI bubble is sucking up a lot of the money while other sectors and small cap stocks are hurting. It's easy to look at the overall average and say we're not in a recession but when reality kicks in and the AI narrative has to take a setback I think we might finally see a correction in some of these insane valuations among the large tech companies that are carrying the market.
This guy knows nothing about the real world. spending is up because we have to buy over priced food & basic services we must have. look at what the actual customer facing businesses are saying about consumer spending.
The numbers are all showing things are going up, but it could actually be that your purchasing power is going down. I believe prices are actually showing currency devaluation.
Price to Sales are nearly twice what they were at the 2007 peak, before the giant crash. I don't see how that means that people are worried about any recession today. They are obviously buying more stocks, without worry.
I really appreciate the dedication in each video you post. To be successful one has to have multiple income streams and so on, also investors should understand the crossover between asset classes & liquidity flow, joanna claire focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch
Coastal cities in Liberal jurisdictions are in a recession. Midwest states in Conservative jurisdictions are not in a recession. The rest of the cities vary, but follow a similar pattern to the Coastal vs. Midwest cities.
how on earth is nominal gdp growth exceeding nominal interest rates of debt levels now >.< debt to gdp is a criteria for downgrade by S&P. Gosh this guy is deluded...
13 of the last 15 countries lost reserve status if they went over 130% debt to GDP. The offical number put us above 120% right now. I think it is way worse. I don't believe their numbers. What this guy is talking about is moot.
And it's still not enough to keep up witu the needs section of CPI so they are getting hammered the most...pretty much anyone that hasn't owned a home for longer than 10 years, is asset rich, or is upper 20% of income is getting killed.
Debt is the reality right now and servicing the debt is real-growth rate of the economy is something we hope for in the future. We don’t have growth if you back out all federal/state/ local government spending- because this spending is double counting because the government took it from the private sector where it has been counted already as gdp- did he say we could have lower deficits in the near future, maybe a decent economist but not qualified to analyze political/legislative issues. Jack we will find out the limit of how much debt we can carry and I believe the number is a whole lot higher than we can imagine albeit with dollar debasement and structural inflation
1:14:00 Latin America’s ISI (import substitution industrialization) is the historical example. Yes we can make all these goods but it’s a question of whether we have a competitive advantage. It also depends how industrialization is implemented there were mostly failures but some successes in Latin America when there was adequate domestic competition. The issue I see with build back better and chips act is that it’s repeating past mistakes and not creating enough competition. So we may end up with industries that produce goods domestically but aren’t particularly good at it so they can’t compete outside of the domestic market. So you take money from productive sectors and transfer to unproductive industry. End result in that scenario could be higher inflation. I think Boeing may be a good example of why the US has lost its way. One company with no competitors is going to not produce planes where the doors don’t fall off midair due to perverse incentives - why should I produce better quality if I’m unlikely to lose market share.
Is this guy suggesting that inflation is NOT 30+% ? I have no idea what he is even trying to say. It's like he's living in his own private world. In which world is inflation not 30%???
I think Jack was spot on in emphasizing the importance of the myriad of data that is available to investors about markets & the economy and the role that it plays in distorting reality. This growing universe of data as well as the wide availability of said data has created a paradox whereby we are more confused than ever about reality when it seems like we should be able to precisely predict say where the Dow will be trading six months from now or what nonfarm payrolls will be this friday. Phillipps point about the motivation of journalists is accurate, no doubt, but journalists have acted this way since time immemorial. General confusion seems to be on the rise and I think this paradox plays a large part in it
Anyone who asks their own questions and then incorrectly answers them in the same sentence are usually not credible and are stretching to convince their audience.
What is there to worry about? It is the greatest preforming asset of all time because the Government has no control of it. It is outside their corrupt system. Those that hate on it... don't own any of it and those that love it but don't own it are hoping it comes down in price during a crash so they can buy it.
@@bpb5541 just lol. I can't even. Y'all are brain dead. Outside government control yet massive manipulated by like ten whales and corrupt exchanges, wow what an improvement! You just proved my point for me with the price comment. Bitcoin is greater fool theory incarnate. It's done shit for months even tho there's like fifty ETFs now. Buying Buttcoin . Imagine what happens when they start selling.
