Amazing, according to a Wall Street firm we're three weeks away from a recession, while anyone with an IQ above room temperature knows we've been in a recession for at least the last two years.
We’ve been in a recession for a long time Kevin. Maybe you should poll a bunch of business owners- we will tell you. 😊 We can’t cook the numbers the way the government can.
I recently noticed some price increases at the grocery store. What would be a shocker is if inflation started to tick back up at the same time unemployment ticked up also.
The FED have served the interests of their wealthy, eliltist and corporate shareholders impeccably. As soon as you realise that they don't serve the people, you can then revaluate their performance more fairly. They have been an enormous success for the super-rich billionaire class, who milk the system.
All those idiots out there need to understand interest rates were at 0 for 15 years and it didn't help the economy so what do you think .25 is going to do, all those yo-yos that are wishing for a quarter-point interest rate cuts going to find out what happens to a stock market whenever you start cutting rates
16:14 I don’t think the fed has much of a choice but to put us into a recession. Every other move puts us into hyperinflation. 18:23 if you use technicals here, it just broke the rising wedge 😢
I agree that "AI" is holding up some of the factors defining being in a recession. But other factors like the housing availability and ability to get a house is showing recession already. But this is from my personal perspective, so there are other factors that may be contributing to this. Also, consumer confidence is dwindling with this "Shrink-flation" hitting us from ALL sides. Especially groceries and normal daily costs of living. I have cut out red meat, and cable to save a few dollars feeding my family. I am an IT guy and have seen many job losses not just the Silicon Valley ones. To add logs to the fire, the baby-boomers are retiring in masses in Government and the private sector. They are waiting on filling a good bit of their positions to prop up the bottom line. We will need more than "AI" to help us out here. I really don't see the federales sending any checks for this one. Yikes!
We need one supreme decision maker. Getting all the Fed offices to agree is like having a group of people all agree on the clothing an apparition was wearing ...
Even with all the downward revisions, GDP still increased 3% in the 2nd quarter. There where plenty of jobs for everyone that wanted one. Even now, there are 1.1 jobs for ever job seeker. Job growth is slowing and the Fed should cut 25bp. No need to panic.
The fed is always lagging just do 100 point cut and say look we’re just playing it safe we don’t see a recession but we see a slow down don’t panic because we’re starting with a big cut
The U.S. labor statistics just showed since August of 2023 1.3 million American born citizens lost there job, while 1.2 million foreign born workers were employed. If u average that out for 5 years, those #'s are staggering. Would love to see Kevin do a show on those #'s and what will be the likely outcome to the overall economy.
Construction jobs decline only means higher home prices which exacerbates the real estate cycle that won’t end until 2026-7, so no meaningful recession until then
R.I.P tour for universal studios is just a buffet before the tour and a tour guide plus front of the line not worth it to do it twice just get fast pass after
i doubt the pressure on labor will be that large given the demographic decline for working age people in the US and around the world. AI can mitigate wage inflation but not enough to cause wage deflation.
Recession will last couple of weeks , fed interest rate cysts will have a drastic impact on market , all asset classes will raise by the end of this year .
If you lost your job to AI you should consider boycotting AI related stuff. Going Terminator, IRobot, The Matrix like world may not be the greatest thing to happen.
25 bps cuts. Everybody relax. 50 bps would be lacking confidence and rattle the markets. It is 1000% psychological. Steady as she goes and just play the election seasonality. Pray for a trump victory and a blowoff top.
Well after we saw them hint at cutting inflation increased pretty rapidly. That was scary. I can't imagine what happens when they actually do cause I'm not seeing higher income individuals stop spending yet so i agree with the bank
What do you think? Will we tank either way? If the fed cuts 25 points, many will think they continue to be behind. If they cut 50, many will think they are jumping in to correct. Either way, markets will tank because no one trusts what they are hearing.
@@misternobody9801 go way back. Never should’ve started this credit crap. Imaginary money with a huge cliff at the end every 10 or so years because people are terrible at staying disciplined with their finances
@@Fishneck10 I agree 100% with you. Let capitalism run its course. The weak fail and the strong grow. But since they opened that pandora’s box we’re kinda bound by it now.
I've watched a lot of your videos, and they all revolve around "shit's gonna hit the fan" "winter is coming" and all doomsday around the corner promotion, what's that all about?
This country is bankrupt. The dollar is worthless. All other countries in the world don't want to use the dollar anymore. Put all your money in the stock market and see how much you lose. I will be making money off of you shortening the market.
Not trump's fault or Biden's fault...Tell people not to take any loans or use credit cards, and to work hard so the economy will be fine. The majority of the work is now done by machines, and that’s an issue.”
Eventually, but he will be fully blamed for the recession depression that will hit. The fed and other entities will work to make sure it looks bad for him
Amazing, according to a Wall Street firm we're three weeks away from a recession, while anyone with an IQ above room temperature knows we've been in a recession for at least the last two years.
Anybody with good IQ knows he means covid recession buddy
I don't think you know what a recession is. Might be time to have your own iq checked
😂
Apparently the definition of “recession” is fluid.
@@Alpha1Farms According to Bidet and the rest of democrats, yes!
The Federal Reserve and the Government will never admit we are in a recession until we are coming out of it
2%to3%Target rates optimum .
especially in this election year
Of course. This allows them to cut rates and take credit for coming out of the recession.
We’ve been in a recession for a long time Kevin. Maybe you should poll a bunch of business owners- we will tell you. 😊 We can’t cook the numbers the way the government can.
Bears:
50 basis point means Fed knows something, recession confirmed, sell
25 basis point means Fed is behind, recession confirmed, sell
I recently noticed some price increases at the grocery store. What would be a shocker is if inflation started to tick back up at the same time unemployment ticked up also.
3 weeks away??? We all know what that means!! Recession = buy stocks !
Buy buy buy !! 😂
LOL
When has the fed done anything right....
The FED have served the interests of their wealthy, eliltist and corporate shareholders impeccably. As soon as you realise that they don't serve the people, you can then revaluate their performance more fairly. They have been an enormous success for the super-rich billionaire class, who milk the system.
Been in a recession for last 4 yrs
Yes and everyone is pretending we’re not
It’s like the 5th rescission in 3 years 😂
All those idiots out there need to understand interest rates were at 0 for 15 years and it didn't help the economy so what do you think .25 is going to do, all those yo-yos that are wishing for a quarter-point interest rate cuts going to find out what happens to a stock market whenever you start cutting rates
Hedge yoself before you sledge yoself.
Lower rates = easier monetary policies = more easier to borrow money = more likely to invest in risky volatile assets .
Can’t hurt more than raising rates .
Raising rates didn’t help anything either so …
There may still be extra money in the system, that's one difference. Likely much of that money may about to be burned off ?
Why is not one talking about pltr joining the S&P and up after hours Friday after the bell
There's no money in shilling that. Only recessions.
An AI company that is primarily a defense contractor succeeding isn’t as bullish as you think it is
Trying to figure out if I should sell my sep 27 put or sell my shares...
And there is going to be a soft landing
It's ok Kev... Just close the shorts and go long
12:02
A recession is better than hyperinflation.
As a Loan Signing Agent in real estate, I'm about to feast the whole way down. Just as I starved the whole way up the interest rate.
We need a cup of cold water here in Ventura county. Heat is wild. Too much for us.
He’s starting a financial advisory service with his PP fund dramatically underperforming the S&P for two years lol? You gotta love it
Where’s your crash landing ✈️ thumbnail?
LET'S GO GAMESTOP 🚀
16:14
I don’t think the fed has much of a choice but to put us into a recession. Every other move puts us into hyperinflation.
18:23 if you use technicals here, it just broke the rising wedge 😢
My money is on a 50 BP cut.
25
They should cut 0, no reason to be cutting. They should actually be raising.
👀
I agree that "AI" is holding up some of the factors defining being in a recession. But other factors like the housing availability and ability to get a house is showing recession already. But this is from my personal perspective, so there are other factors that may be contributing to this. Also, consumer confidence is dwindling with this "Shrink-flation" hitting us from ALL sides. Especially groceries and normal daily costs of living. I have cut out red meat, and cable to save a few dollars feeding my family. I am an IT guy and have seen many job losses not just the Silicon Valley ones. To add logs to the fire, the baby-boomers are retiring in masses in Government and the private sector. They are waiting on filling a good bit of their positions to prop up the bottom line. We will need more than "AI" to help us out here. I really don't see the federales sending any checks for this one. Yikes!
Elon pumping crypto again… also 1st
Dogecoin
Elon for President Puppet Master 😂
“Hey everyone!! Kevin’s disappointed with Halloween horror nights!” Lol 😂 wtf are we doing? Lol
Great job Kevin. Where are you putting your money in fear of a recession? I put 1/3 in TLT. Thank you for the information.
Puts for days
They say this every week
Dam Keving turned Halloween into a tax write off.
We need one supreme decision maker. Getting all the Fed offices to agree is like having a group of people all agree on the clothing an apparition was wearing ...
I like how when raising rates you need a year to see a meaningful impact, but when cutting you can see and assess the impact immediately
My observation is that the market is reacting to the revisions and mostly ignores the released data.
Even with all the downward revisions, GDP still increased 3% in the 2nd quarter. There where plenty of jobs for everyone that wanted one. Even now, there are 1.1 jobs for ever job seeker. Job growth is slowing and the Fed should cut 25bp. No need to panic.
Crypto>Stocks
Stocks are wack.
Crypto 😂 Ok bro. If you had a channel it wouldn’t reach double digit subs.
The fed is always lagging just do 100 point cut and say look we’re just playing it safe we don’t see a recession but we see a slow down don’t panic because we’re starting with a big cut
I am sure TLT and RKT will rocket higher than the market over the next 4 months…😂
I can’t stay focused on this video. Feels like a high school lecture.
No seriously 😂😂 I feel like lately I haven’t been able to focus on these videos as much as I used to 😂 I think our attention span is getting worse
Big question. what would you do in the stock market in these 3 weeks?
you'd have to be a slave to ask a question like that.
Buy every dip imo
Kevin making recession go viral 😂
So.......Bitcoin is already pricing in the recession and will 3X by next year?
Btc peaked altogether. It’s a matter of finding buyers to close out positions now.
The U.S. labor statistics just showed since August of 2023 1.3 million American born citizens lost there job, while 1.2 million foreign born workers were employed. If u average that out for 5 years, those #'s are staggering. Would love to see Kevin do a show on those #'s and what will be the likely outcome to the overall economy.
Nothing about Goldman Sachs 20 percent chance of 2024 recession?
“Hey everyone! Kevin rather go to islands and Adventure” lol 😂 wtf are we doing? Lol
Wokeness has killed Halloween horror night smh. Yall don't come to Florida tho we full 😂
Just tell me when TSLA Capex will decrease so earnings increase
Probably never. Though I suspect the supercomputer investments might reduce.
We’ve been in a Recession for about 6 months
Trump 2024 !
Booooooo
Trump 2024ever
MAGA 🎉
Get a life
@@damp_squidyayyyyy
50 basis points inc
Construction jobs decline only means higher home prices which exacerbates the real estate cycle that won’t end until 2026-7, so no meaningful recession until then
Confirmed, They are about to run this market to highs.
R.I.P tour for universal studios is just a buffet before the tour and a tour guide plus front of the line not worth it to do it twice just get fast pass after
we are walking out of the recession. oh lord Kelvin 😢
Dogecoin
I see it as a Last ditch effort to get everyone to sell til markets go nuts in Q1
Recessions dont happen unless the gov lets them happen. Look at Russia, it should be in a recession.
Why should Russia be in a recession?
Come to Halloween horror nights with me and my boyfriend bring your wife ❤
They were 100% going to do a 50 point drop
Time for a corporate tax adjustment and a universal basic income
You mean depression.
Its a recession everyday.. until its not
higher forever-no cuts.
6:45
I think we see deflation in housing as well as other pricing going down. But might get an inflation hit first early 2025.
What’s better for the country recession or second phase of inflation ?
You do know financial people have been trying predict a recession every year for who knows how long. Don’t stress the fud and stay the course
Kevin. I live in long island NY shtt is hard here with a family and we have 1 Beth room apartment still struggling with 2 kids
i doubt the pressure on labor will be that large given the demographic decline for working age people in the US and around the world. AI can mitigate wage inflation but not enough to cause wage deflation.
Has Kevin ever cheesed himself
Recession will last couple of weeks , fed interest rate cysts will have a drastic impact on market , all asset classes will raise by the end of this year .
Hope it's a hawkish 50bp
Hello MeetKevin! 🚀
It might be 75 basis points ....
It's east and west costs
I think we are just a the beginning of a slow down.
Yea i see the horror nights with my cousin back then.
I'm quite bearish on Q4 Halloween Horror Nights
If you lost your job to AI you should consider boycotting AI related stuff. Going Terminator, IRobot, The Matrix like world may not be the greatest thing to happen.
25 bps cuts. Everybody relax.
50 bps would be lacking confidence and rattle the markets. It is 1000% psychological.
Steady as she goes and just play the election seasonality. Pray for a trump victory and a blowoff top.
Shorts the banks $C, $BAC $GS, $WFC. This the best advice I will give you for 2025 🙂 your welcome
I wish I could write this privately, but it’s “ugh” - yes, I am that person. I own it. 😅
Well after we saw them hint at cutting inflation increased pretty rapidly. That was scary. I can't imagine what happens when they actually do cause I'm not seeing higher income individuals stop spending yet so i agree with the bank
What do you think? Will we tank either way? If the fed cuts 25 points, many will think they continue to be behind. If they cut 50, many will think they are jumping in to correct. Either way, markets will tank because no one trusts what they are hearing.
You're a good guy, Kevin! I always appreciate the updates!
Try haunted hotel here in San Diego. Really good
Bidenomics
We are hot for a recession but….
We don’t need cuts . Pay cash
Yep credit is terrible in my opinion. No discipline
No cuts = no jobs = no cash
@@Fishneck10Try starting or running a business without a line of credit. These rate cuts aren’t for average Joe and his credit card.
@@misternobody9801 go way back. Never should’ve started this credit crap. Imaginary money with a huge cliff at the end every 10 or so years because people are terrible at staying disciplined with their finances
@@Fishneck10 I agree 100% with you. Let capitalism run its course. The weak fail and the strong grow. But since they opened that pandora’s box we’re kinda bound by it now.
I've watched a lot of your videos, and they all revolve around "shit's gonna hit the fan" "winter is coming" and all doomsday around the corner promotion, what's that all about?
We need a rate hike, NOT a rate cut
Such videos proof that there’ll not be any near term recession!!!!
This country is bankrupt. The dollar is worthless. All other countries in the world don't want to use the dollar anymore. Put all your money in the stock market and see how much you lose. I will be making money off of you shortening the market.
Thanks buddy😂 excellent review...what ever way the winds take us type of market
Doom and Gloom. Kevin sounds like Felon Rump.
Easy bert
Kamala and free money for you and free money for you
Please get rid of your 'MUFFLE-MIC' ! I have to change my comp volume every time!
Is it too quiet?
@@MeetKevin sounds fine to me
@@MeetKevinyes
where's the jet broooooo
People look up to you Kev, Be amazing! Don't be a D fool.
Are the majority of jobs for years
going to non native-born workers?
Make America great again
Imagine being a liberal npc rn 😂
Kevin stop with ur drama every 2 days about recession,
Great content Kevin. Thanks for your hard work. It's appreciated.
If we get Trump 2024, the economy will be much better !!
Not trump's fault or Biden's fault...Tell people not to take any loans or use credit cards, and to work hard so the economy will be fine. The majority of the work is now done by machines, and that’s an issue.”
Eventually, but he will be fully blamed for the recession depression that will hit. The fed and other entities will work to make sure it looks bad for him
Kevin we are already in recession