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The biggest financial stories heading into 2024 

CBS News
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Concerns over inflation and a potential recession drove economic headlines in 2023, but new data shows consumer confidence is at a five-month high as we head into the new year. Javier David, CBS News contributor and a managing editor of business and markets at Axios, has a look at the economic outlook for 2024.
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Опубликовано:

 

20 дек 2023

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Комментарии : 73   
@MsSarcasticity
@MsSarcasticity 7 месяцев назад
And credit card debt is higher than ever because people are addicted to spending.
@user-bq7ei7hj4b
@user-bq7ei7hj4b 7 месяцев назад
Nikola, like binance, and FTx are not recent events. They've been releasing smoke for a couple of years. It's only news to these people and therefore the audience that relies on them at all to keep up with events
@Xeonerable
@Xeonerable 7 месяцев назад
Well companies are addicted to unrealistic growth expectations, the whole system is flawed and don't just go blaming the people. But when things crash there is only one group of people that make it out good.
@MsSarcasticity
@MsSarcasticity 7 месяцев назад
@@Xeonerable WELL, I didn't say that was the only issue, genius. But most spending by Americans is currently done on non-essential CONSUMER GOODS. Not on needs or essentials.
@drewconway7135
@drewconway7135 7 месяцев назад
0:16 “All right, dude…” Wow, so professional. Cronkite is spinning in his grave.
@user-sw1nv7qz2c
@user-sw1nv7qz2c 7 месяцев назад
All holidays suck really bad as they are extremely superficial and no real spiritual discernment nor real agape love from anyone! Most families in America are superficial and chasing after toxic materialism!
@firstlast8258
@firstlast8258 7 месяцев назад
Gawd bless Murica 🤓 🖕
@JWBR84
@JWBR84 7 месяцев назад
There's nothing wrong with being optimistic, provided you salt it with a little realistic expectations.
@firstlast8258
@firstlast8258 7 месяцев назад
Speak for yourself
@lodingwai
@lodingwai 7 месяцев назад
Alright dude...
@David-sr9uv
@David-sr9uv 7 месяцев назад
“The US is saving the world by continuing to spend.”
@AE-sy1pn
@AE-sy1pn 7 месяцев назад
Crazy ain't it...
@alk3078
@alk3078 7 месяцев назад
At seven percent interest
@firstlast8258
@firstlast8258 7 месяцев назад
Gawd bless Murica 🤓 🖕
@Wowsers101
@Wowsers101 7 месяцев назад
Keep voting for inflation
@benjamindavidson22
@benjamindavidson22 7 месяцев назад
investors have a lot to be grateful for, given recent market moves. The rest of the year and the beginning of 2024 should be merry and bright as well. Despite the S&P 500 doing well. I have lost a large share of my $640k portfolio in the last 4 months . How do I turn this around?
@emiliabucks33
@emiliabucks33 7 месяцев назад
it's all hype! best to ignore the trend at the moment whether bullish or bearish, and stick to a proper trading plan preferably with expertise assistance.
@carolpaige2
@carolpaige2 7 месяцев назад
More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to
@Johnlarry12
@Johnlarry12 7 месяцев назад
I've been looking to switch, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.
@carolpaige2
@carolpaige2 7 месяцев назад
The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Natalie Lynn Fisk‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
@Johnlarry12
@Johnlarry12 7 месяцев назад
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@NotANameist
@NotANameist 7 месяцев назад
So much cap
@HeadStronger-HS
@HeadStronger-HS 7 месяцев назад
Does anyone actually believe any of this crap?
@orangecat5036
@orangecat5036 7 месяцев назад
If they want a bigger house. That means they aren't cleaning the one they have now.
@SocialismSucks
@SocialismSucks 7 месяцев назад
Thanks to Brandonomics America is going right down the $hitter💩
@queenscorpion662
@queenscorpion662 7 месяцев назад
Im 70, retired and only getting retirement and inflation is very much well any person can't live, very close to being homeless, so
@Xeonerable
@Xeonerable 7 месяцев назад
Yeah and the whole situation would probably be better if these corporations and ultra-rich people distributed the wealth more instead of hoarding it. You want to see people spend then give them more money to do so. The economy would do a lot better if a whole lot less people were struggling.
@Nanix1991
@Nanix1991 7 месяцев назад
Let's see until when the us can live beyond its means
@moonwalker8490
@moonwalker8490 7 месяцев назад
Now is the time buy … and refinance later. When those rates cut it will turn into bidding wars again like 2020. Inventory will take another 7 years to catch up. Negotiate a rate buy down, assumable loans, seller finance, roommates, rent out your extra space, add another dwelling unit. If there’s a will there away in America 🇺🇸 I love this country ❤
@InternetUser._
@InternetUser._ 7 месяцев назад
Terrible time to buy investment property. Unless you’re into commercial offices in declining downtown areas.
@moonwalker8490
@moonwalker8490 7 месяцев назад
@@InternetUser._ good I need more people to think like you … less competition for me
@InternetUser._
@InternetUser._ 7 месяцев назад
@@moonwalker8490 😂 go for it, bud’
@Goodiebar18
@Goodiebar18 7 месяцев назад
This is dependent on where you live, a $650K 900sq ft ranch in New England that sold for 220K in 2018 is not a smart idea.
@user-ck9wg9wu6w
@user-ck9wg9wu6w 7 месяцев назад
🤔
@Historyteacheraz
@Historyteacheraz 7 месяцев назад
Interesting video. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a good book for those who want to learn more.
@charleskaren3948
@charleskaren3948 6 месяцев назад
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.
@abgzulkifli
@abgzulkifli 7 месяцев назад
What about the money?
@firstlast8258
@firstlast8258 7 месяцев назад
It's at the job if you are able bodied
@onespeedlite
@onespeedlite 7 месяцев назад
Consumer spending didn't cause inflation to decline. If anything, it raised prices. Inflation went down because of the federal monetary policy of raising the interest rates that made borrowing more expensive for businesses and consumers. The aim was to slow down economic activities that drive up prices. If not for "Bidenomics", we could be in a recession by now and more people would suffer. As an Independent, I think the Biden administration did a good job of reducing inflation while keeping employment relatively strong. On top of that, the stock market had a solid year of return that is expected to continue into 2024. Are there still people suffering? Of course, but that has more to do with their lack of qualification/education/high-demand skills in the job market and making unwise financial decisions than what the government isn't doing right.
@Aaron_R
@Aaron_R 7 месяцев назад
Inflation is a much bigger concern than unemployment... Fed has it wrong. Especially with a rising rate of retirees, and low birth rate.
@onespeedlite
@onespeedlite 7 месяцев назад
"Fed has it wrong." You don't make any sense. Didn't you see the chart in the video? The Fed's action lowered the inflation rate from 9% to 3%.
@jimmyjones416
@jimmyjones416 7 месяцев назад
gas prices are 1/2 what they were in Oct/Nov 22 when the oil companies tried to influence the election with record high gas prices
@alk3078
@alk3078 7 месяцев назад
Still a dollar a gallon higher than when Trump was president
@jimmyjones416
@jimmyjones416 7 месяцев назад
@alk3078 you mean when everything was shutdown because Trump avoided responsibility and nobody was driving to work?...ya, that was a great economy
@kelleyspears1218
@kelleyspears1218 7 месяцев назад
@@alk3078Not true. The highest under Trump was $2.81, the lowest was $2.26. I just paid $2.57 under Biden so smack dab in the middle of the Trump regime. And regardless, no president has much influence over gas prices, but since everyone pretty much buys gas, they either get the credit or they get the blame. And how much you spend on gas is directly related to what kind of vehicle you want to drive as well. Buy a Bronco or a Jeep or a large SUV, of course you’re going to pay a lot to fill that vehicle up, regardless of the price. Buy something more economical like a Camry or an Accord, you’ll have no problems.
@alk3078
@alk3078 7 месяцев назад
@@kelleyspears1218 In my town gas was 1.88 on Trump's last day in office. That all changed when Biden cancelled Trump's energy policies on his first day with executive orders. Just like he cancelled Trump's border policies with executive orders and now you see that mess.
@EvanAndHell
@EvanAndHell 7 месяцев назад
“Money Gods” - a civilization of savages
@Balance-yz4qg
@Balance-yz4qg 7 месяцев назад
Its this 🛖 or 🏘️ Its this ☎️ or 📱 Its this 💾 or 💿 Its this 🔋 or ☀️ Its this 🤔 or 🧿A🧿 The true measure of a society on the move.....🇺🇸
@firstlast8258
@firstlast8258 7 месяцев назад
Gawd bless Murica 🤓 🖕
@Balance-yz4qg
@Balance-yz4qg 7 месяцев назад
​@@firstlast8258looks like jealousy found it's sink 🕳️... Much Better in 2. 0. 2. 4
@mytruthbekind5793
@mytruthbekind5793 7 месяцев назад
The economy is great. The problem is the lack of housing. The problem is that there are fewer choices. There are lots of opportunities. Who wants to buy an overpriced house??? We want to move but not paying significantly more for a poor quality house. No.
@SocialismSucks
@SocialismSucks 7 месяцев назад
Thanks to Brandonism and Brandonomics America is going right down the $hitter💩
@noel7777noel
@noel7777noel 7 месяцев назад
There has been a huge decline in home ownership since the 2008 financial crisis. Our mortgage and rent are not included in the inflation numbers. If you can afford rent, you can afford a mortgage.
@mytruthbekind5793
@mytruthbekind5793 7 месяцев назад
The difference is the down payment and maintenance costs. No.
@mytruthbekind5793
@mytruthbekind5793 7 месяцев назад
Also, you are stuck when you buy a home. It is not always quick to sell. You can get out of a lease or wait it out.
@noel7777noel
@noel7777noel 7 месяцев назад
@@mytruthbekind5793No one can read your mind. What do you mean by. "IT" in "Wait it out"?. Are you talking about the normal supply and demand being messed up by the "rich". This is why the democrats say, "Eat the rich" to fix the "it" part. Get the "eat the rich out," and we have no "rich" messing of the normal supply and demand math chart. The ignorant "rich" have trespassed in the real estate market parking their money. This is not how the not-for-profit banking system works. We do park our retirement in the commercial sector. In a not-for-profit banking system. This is called leveraged. But in a not-for-profit way.
@noel7777noel
@noel7777noel 7 месяцев назад
@@mytruthbekind5793 The rich need to stop holding our commercial leveraged retirement plan hostage for unearned income. The rich need to stop holding our residential property leveraged hostage for landlords unearned income. Stealing the workers' leverages in both the commercial sector and the residential sector doesn't trickle down.
@noel7777noel
@noel7777noel 7 месяцев назад
#RU-vid you must provide a blocking feature I am clearly explaining the math. They don't even understand math.
@josha.bdoge2
@josha.bdoge2 7 месяцев назад
Let's ask the black guy about financial fraudsters....He should be well versed on the topic. Gotta Love liberal media Outlets
@GeneDexter
@GeneDexter 7 месяцев назад
Please name people of color who were financial fraudsters. You will find there are more Bernie Madoffs than this group.
@Wowsers101
@Wowsers101 7 месяцев назад
Based
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