Higher for longer is here, and chasing high-flyers will end in tears, says David Rosenberg
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- เผยแพร่เมื่อ 6 ก.ย. 2024
- David Rosenberg, Rosenberg Research, joins 'Fast Money' to discuss the Fed's current trajectory, its impact on the economy and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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There have been several transactions with both strategic investors and private equity over the past 15 years since the Great Financial Crisis - oftentimes the PE component was not 100% and the capital raises were far less than $400 Million, money moves quickly from the hasty to the patient. The biggest hurdle for investors is maintaining mental control through losses, and investing in the right places at the right time
Purchasing stock in companies that are anticipated to have steady demand even during a slump is an obvious approach to invest for a recession. These companies typically include household goods, energy, and healthcare providers. Of course, an average Joe cannot make such selections; a financial counsellor is crucial in this process.
Everyone will need a strong FA to help them through the current market turmoil. I've been talking to an advisor for a while now, mostly because I lack the knowledge and energy to deal with these ongoing market conditions. I made more than $350K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an Financial Consultant is now the best line of action, especially for those who are close to retiring.
@@emiliabucks33 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this advisor?
Dawn Maureen Humphrey is the Consultant that oversees my portfolio. She's been able to gain some reputation and online recognition with over 3 decades in service, so it shouldn't be a hassle to find basic info
It was easy locating your coach's webpage by looking up her name online. Did my due diligence on her before scheduling a phone call to use her services. She seems proficient considering her resume.
I genuinely mean it when I express my stress and concern regarding the market crash and high inflation, particularly in relation to my retirement. I have been experiencing losses for quite some time, and while some may argue that crises can present opportunities, I am feeling overwhelmed. However, I understand that investing is a long-term endeavor, and it is crucial to maintain focus on the bigger picture and the long run.
Considering that I am only three years away from retirement, it becomes challenging for me to solely concentrate on the long-term perspective. Despite having invested in reputable companies and having a significant amount of funds allocated, my profits have been stagnant. This situation raises the question: Does the current recession and unstable market offer any calculated risk opportunities for generating profits?
In a downturned market, numerous strategies exist that can potentially yield lucrative profits. However, executing such sophisticated trades requires the expertise of seasoned market professionals.
@@Lemariecooper I have experienced significant losses, and I am holding on with the hope of recovering them. It is evident that I am in dire need of assistance. Could you please share the name of the investment adviser who guides you?
@@jessicasquire Absolutely! Within a span of less than a year, I witnessed remarkable progress after following the guidance of STEPHANIE KOPP MEEKS . Beginning with an initial investment of less than $100,000, I am now just $18,000 away from reaching a quarter million dollars!
@@Lemariecooper It seems that STEPHANIE KOPP MEEKS possesses extensive knowledge and a strong educational background. After conducting a Google search of her name, I discovered her website. Thank you for providing this information.
what can I do? I have been disabled since 2009 and I am 58 years old at the verge of retirement. My portfoliio of $750k is down to $492k, How can I profit from the present market" , I mean I've heard of people making upto $250k in couple weeks during this crash and I'd like to know how.
@javiermunoz990 The uncertainties accompanying this present market is more reasons I have my daily investment decisions 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 analysis, it's quite impossible not to outperform. Netted over $550k in return on investment, since using a coach for about 2years.
@friederichkuhn8300 Having a coach is key to portfolio diversification, My advisor is "Nadine Julia Allevato" You can easily look her up, she has years of financial market experience.
@@chrisbluebird5037 Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call
Listen to the TH-cam message thieves. You have 5 of them responding.
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
Yes, truly, investing in the market, even if it's just the S&P 500, can keep up with inflation, because the growth rate of stocks will always exceed the inflation rate. But if you don't have the courage, you could just invest with a financial advisor, which even has greater return on investments, while securing your investment against losses.
Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!
I'd recommend Colleen Rose Mccaffery. She is a genius when it comes to diversifying her holdings. You can verify her identity for yourself by looking her up online. She is well knowledgeable about the financial markets.
biggest spam comment in history.. who did you hack to get 1k in likes??
@@Mussa533You are wrong. Banks are paying at least 5 percent in savings while inflation is at 3 percent...
Times are weird. The US dollar is losing purchasing power due to inflation while strengthening against other currencies and assets. The stock market, real estate, crypto AND precious metals are down because people are fleeing to the "safety" of the dollar. where else can we put our investment money? I can't afford to see my savings of around $320,000 turn to dust in front of my eyes.
Personally, I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet.
I completely agree. The best option is to work with an investment advisor. Based on my actual experience with a CFP named Elise Marie Terry, I can confidently state that their abilities are exceptional. She assisted in raising almost $580,000 in 18 months from a $150,000 portfolio.
@@KevinEvans-mq4ob Yes, they can have a positive impact on an individual's portfolio. Elise’s strategy is transparent allowing full ownership of my tråding account and the fees are very reasonable compared to my return on investment
Don't worry dollar devalue can only go so far
Rest of the world uses dollars and their own currency
Which is all being affected
Every currency In the world is being affected
Not even enough gold in the world to back all of China smh
Ave person would need 50k in oldx their population it's unreal
Yall are foools
Tommy Lee says Bitcoin will be 200,000 in five years, because 43 percent of Americans do not use a Bank and Bitcoin would help them to pay bills and have loans.
It’s important to choose stocks that are expected to hold uo in inflationary environments. To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I have seen People making up to $500k in a month during high inflation
One strategy is to invest in assets that performs well during inflation. Another strategy is to focus on companies that have the ability to pass on price increases to their customers. Its also important to maintain a diversified portfolio. It may be a good idea to speak with a financial adviser who can help you develop a customized investment strategy based on your individual goals and risk tolerance
I used to manage my stock portfolio by myself, all that time I did not make any significant returns (but also did not suffer losses). Then out of nowhere 2008 happened, and I lost 50% of my savings in a very short period. That prompted me to hire a F.A. Since then I have been learning a lot about the stock market and I have made up to $1M in returns
I've been thinking of going this route of using an advisoR. Could you suggest yours?
My advisor is “Helene Claire Johnson”. She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
Looked up her name and her website popped up immediately, interesting stuff so far, about to schedule a session with her.
I’m compiling and picking stocks that I’d love to hold on to for a few years before retirement, do you think these stocks would do better over the years? I’d love to retire with at least $2million savings. Now you gotta rely on a pretty good diversification if you must stay green. Currently up 31% and being cautious. Still better deal than letting it sit in savings or checking earning near 5% interest
Merely looked him up on Google and was highly impressed by his credentials; I got in touch with him because I need all the help I can get.
Thank you for this tip. It was easy to find your coach. Did my due diligence on him before scheduling a phone call with him. he seems proficient considering his resume.
An obvious way to lnvest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumer staples, utilities, and healthcare companies, but off course such decisions cannot be made by an average Joe, a financial advisr is important in making this decisions
Carefully Observed benjamin harris brown online and researched his accreditation. he seem very proficient, I wrote him detailing my fin - markt
Its the severity of the downturn that matters. No point trying to time things anyway.
I’ve been listening to these gloom and doomers for 50 years. Stopped clocks are occasionally right too.
Investors have just turned back the clock on the Fed’s tightening campaign and cast aside the Fed fears that ruled them for 15 months. It just gets very daunting to me when I’m sitting there looking at charts and trying to determine if i’m right or wrong! I’ve been trying to grow my portfolio of $300K for sometime now, I would greatly appreciate any suggestions.
First of all, You could lose it all and you could win it all. It goes both ways. Secondly, what works for A may not necessarily work for B and you should not be a bandwagon investor. A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.
@@DanLeahfort Facts!! Since the market became extremely volatile and pressure increased (I should be retiring in 17 months), I took the decision to work closely with a financial advisor. It has already been 9 months and counting, and I have made approximately 600K net from all of my holdings.
@@colleen.odegaard That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the advisor you're using
I have *HEATHER ANN CHRISTENSEN* as my advisor. She has a solid reputation in her field and is a true genius when it comes to diversified portfolios, which help portfolios be less vulnerable to market downturns. She may be a name you are already familiar with; a Newsweek piece helped me to do so. She's a Google-able person.
Found her online page by searching her full name, I wrote her an email and scheduled a call, hopefully she responds.
watched an interview with david rosenberg posted on july 13, 2012 with consuelo mack, and he said he expected the stock market to possibly go down 20% and felt the market had little chance of going up (i'm paraphrasing) and he was dead wrong....market kept going up significantly after this interview and never looked back lol ....many people missed out on a lot of money listening to him
Amen! Sad but fear sells.
Disclaimer: reason he's in his basement is over-bearish calls for decades
S, no comment from Mr. Doom on todays job numbers?
Best theory facts I’ve heard so far
After this year people who were wrong needs to lose credibility
You can't keep having good credibility when your wrong
This guy has been bearish at bottom, middle and top. If you followed him, you would be very bitter.
Yupp, he is extremely bearish and bitter for being wrong all along and I hunch is he will be more bitter when markets are higher 12 months from here
He will be correct NEXT year... he is just too early
@@vm-bz1cd Yeah, they'll be correct 'eventually' after the markets run to highs and have a normal correction before resuming growth and will declare victory.
Utter clowns - been whining for 2 years, all these macro doomers and fail to learn. Stay humble or the markets will humble you. Markets are always changing, if you dont change/adapt or arent open to learning new things/new frces at play, you can stay grumpy and keep spreading end of the world doom.
He ain't wrong...he ain't early, the goalposts just keeps moving...what happened to the isda contract swaps that expired afew weeks ago? New rules come into place to give corruption another go...if u delve deep enough u will find the evidence...your debt ceiling been raised is a prime example of moving goalposts...and they add 1 trillion within a month of it??? Everything is built on debt and leveraged to the max...you only need to look at the quadrillions in the deritive markets to see that lol
@@vm-bz1cdlol
Where do they find these people?
On Planet Earth
I like all his books propped-up for the camera lol
@@simrans3675in the dumb part of planet earth. But he gets air time. He was on tape bearish on the stock market in 2012
Well said
Stock market do not give a damn about economist
do opposite of what he says to make $
I Luv hearing David's arguments for the coming Market Crash. His delivery is Rapid Fire and Strong and Data Based. The Interviewers almost seem like they're talking to a Perma-Bull but Tears will come when The Fed finally Breaks The Economy and of course the Stock Market that's flying on Hopium and its all "Different This Time"!
Tears? Blood will flow on the street
Recession does not matter as long there is steady money supply to buy stocks. The rich don't know what recession is.
90% of people say we crash. So we go up like the 10% who make money. I like rolling recession views from Yardeni and market going to go up due to 71 trillion held by boomers. Fed has no interest in blood on streets. That will defy their purpose. All that matters in consumer sentiment which won't go down anytime soon
Raise those rates and keep them there forever.
He missed the rally 😢
I don’t think that’s his business model
@@radosuites7058 he is wrong most of the time is that more clear?
Companies are more resilient because of extending maturity on debt when interests were near zero. Same with mortgage holders. Rate hikes work with a lag and this will take longer time to filter through the economy than averages.
How much longer? I think it's down to the 12 month ticking time clock now as we enter the election cycle. Political suicide if the lags go beyond that.
I think Fed realizes it and wants to push hard as much as they can to calm the animal spirits and bring down inflation in coming quarters before they realize they cant go on, with elections kicking in. The challenge is, this time, more retail, more folks in general are 'aware' of how the system works, how Fed prints money and the printer goes on. Unlike past cycles, when few realized this, now everyone keeps buying the dip. Also, there are legit reasons to be bullish: AI, crypto, EVs, Global liquidity rising....very very interesting and confusing times!
But I do think we are now in the 'Now or Never' time window; either we do see some shakeouts in coming quarters OR we avoid the shocks and economy stays resilient, Inflation comes down and Fed then eases - achieving the unthinkable. We'll find out.
The Circus ends in tears.
The stock market is related to how much money the 1% have and not everyone else.They could care less what interest rates are they are loaded on cash and they will just continue to elevate share prices.
Very convincing. But I’ll believe it when I see it.
He's right. It's just a matter of when the higher interest rates have the intended effect.
Nice video
This is it. The more I study history and other successful investors the more I'm convinced that we are at one extreme. Only a matter of time before things breakdown. Rate hikes have happened so fast and now will hold at these levels, there is a high probability something will break and market will come back down to earth. The bulls are always the last to understand the reality of the situation so don't expect them to say or understand these things right now.
Just a lot of talk... bruh ive been through multiple recessions and market growth. Lets just get through this. The market is open for business and prices will eventually come down due to competition. Employers will need to compete in wages for the best prospects. Customers will spend based on experiences and value.
I like this guy
Lol he’s terrible at predicting
Interest rates consequences will be really seen in 12 months from now. This is is going to be a good year for nasdaq and s&p 500, but next year will be rough.
Why are you saying this is going to be a good year for the NASDAQ and S&P six months ago were you saying about six months ago?
This guy has been wrong all year and missed the train!
10 stocks my friend! Your funny
@@bdek68 Well if most stocks are down than the market doesn't have much selling to do. The companies that are up are rock solid and no one will sell. They may go slightly down, but will go right up again.
Yet they keep being bought on every drop..
I seem to keep running into a lot of pretty dumb people who bought new cars, houses, new stuff in general. The FED has cut off the spigot, and it will take some time to start speeding up. Having lived through the 70, 80's, 90's it happens every time...They think the party will continue...then wham! That's when the real money is made.
These people have never experienced a recession. They have been "working" from home in their bathrobes while they screw off for years. When the big layoffs start, they will be the first to go. And all their loans will go bust.
Just love it when they bring people to tell us the obvious =|. Thanks for repoeating the same thing yall always be spitting .
Next year, President & Congress will hire a FED chairman whose goal will be negative 2% inflation.
The markets advance significantly to the level of 2021 highs
DR, is always top guest on information.
Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.
Rate hike or no rate hike the market will rally in mid to long run (based on close to 80 years data). Long term (waged workers) investors should hope for a big crash (even if it crashes daily. everyday discount get more and more) to load the boat! People like David Rosenberg just want you to sell at low and buy at high. That is how he earn.
Yes im not in tears
Someone who thinks. Finally
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $225K has yielded nearly $1m after subsequent investments so far
The fed has been raising rates for 16 months. Is there a shot clock/expiration date on these recession calls? Eventually, they may be right...but eventually, a recession will happen for some reason that none of us can imagine at this moment.
yes exactly. It is like you keep saying someone may die anytime. Eventually that person will die. Predicting when will recession will arrive is meaningless. Just stay invested and do dollar cost averaging.
No kidding…it’s getting silly at this point. What truly drives the market are earnings, regardless of a recession. I look at the top market cap weighted American companies and I personally find no issues and expect raise and beats on the current analysts forecasts(yet again lol). Except for Appl(I think analysts are a little too optimistic, but earnings call was vague). I’ve learned that bears are lazy and don’t do the actual work on valuations.
@@fengzheng581 amen!!
Romeo santo niño
BWAHH Ha Ha Ha Ha HaHaHaHa!!!!! Super funny! Rosie cracks me up! CNBC should pep this up with a laugh track! Recession!! LOL!!!!!!!!
Your delusional
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio
the stock market is so casino like its actually getting fustrating we have'nt rationalised
this fool wrong every time
Maybe his companies short stocks that’s why he’s always negative
Oh boy another brutal bear-trap whereby the poorly educated short sellers will continue to bleed. They will be disgorged of their ill-gotten gains from 2022.
Will they ever learn?
This dude seems to know a lot
Traditional markets can and will rally into the tightening cycle. Nothing new.
Runnn a long-conn
This guy does always say that ..... 🍌
The easy money party must end, Mr. Rosenberg. The economy will never recover again unless we allow creative destruction to take place.
Artita montage romeo santo pagar 11 milione
I've been wrong for the last year - have to be right eventually
*last decade, if you're talking about Rosie.
The guys right. How can you ignore every economic indicator punching you in the face literally telling you there is going to be a recession?
Remember this time and all the people telling you there wont be a recession.
I hear more dewclaws, and I do optimistic people. That’s why the market is climbing a wall to worry!
Doomers
@jeanmetcalf1263 it's not about being optimistic or pessimistic. It's about looking at the data. I'm not someone that WANTS the economy to struggle.
Global stocks headed for their biggest weekly decline in more than three months. European shares fluctuated, with a record 36% drop in Siemens Energy AG’s shares after a profit warning dragging on the broader market. US index futures fell. According to chief economist at UBS Global Wealth Management “Financial markets have had one of those switches in the narrative that happen occasionally, and are starting to worry about higher interest rates driving recessions,” I'm still at a crossroads deciding if to liquidate my $300k stock portfolio, what’s the best way to take advantage of the market?
11 milione multa wsap
👍
Remind me in 12 months when we’re 30% higher and this clown is wrong.
Fake market
Care to make a bet?
Disguise been saying the market is going down for a decade. He missed the entire rally since 2010 so that’s more than a decade!
@@jeanmetcalf1263 whatever! Your brilliant
Let’s all see the marvels of Bidenomics take us down down and down.
Rambling, expected, quite uninteresting. This time is different with the pandemic. Do we have a global pandemic in the data in the last 70 years? No, we don't. Requires outside the box thinking to get this one right - which clearly this guy is lacking
Did she say "Indian tears bit?" th-cam.com/video/CbtRRM8Jmfs/w-d-xo.html
Ending in tears
OK doomer.
Socks are 6x real value. That s a fact. Tesla is 100x. Wake up. The Fed doesn't owe you high asset prices.
When this guys talks about the work week he’s dead right. Adding ppl and killing OT where I’m at. Also costing the company more in carrying costs. I do have more time to watch this kind of stuff AND THE MARKET, tho. 😂
Rate hikes are done. Will be below 5% next year
Personally agree👍…look at Truflation numbers, today at 2.44% headline. Though Gov. numbers will come in hotter this month(balancing issues).
Nope. Higher for longer.
Stock recessions dont exist anymore. Wallstreet wont dump because everyone is looking for it. Were going higher!
Human psychology doesn't change, so neither will the markets
He has been wrong for a year on interest rates. Don't listen to this guy for your investment choices. He can't predict or forecast himself out of a paper bag.
rosenberg has been super bearish on the economy and consistenly wromg. Do not know why anybody would listen to the guy.
Blah Blah Blah.......
😢
Reading the comments here seems like everyone is a permabull. This makes me sure that it’s time to sit it out for a while and let the dust settle.
He told us to sit out since 2012
@@jeanmetcalf1263 Whatever this guy says doesn't matter, I genuinely think people are way too overly optimistic right now
We need Trump 2024. He will fix it.
Lmao
Loli call bull higher for longer sure 😂 you dint need to be an economist to figure out this will end badly sooner then later and cutes will be made middle of 2024
Too much debt caused by the people who have no clue
Powel and Tiff
Bye bye tesla..
This guy is the Canadian version of Jim Cramer... Just do the opposite of what he says and you'll be successful
wow i bet this guy has been short since june 2022
The biggest DOOMER of all for a decade!!!!!!!!!!!
Harry Dent, Peter Schiff, Charles Nenner, Jimmy Rogers are worse........
@@joeblow7407 Very true!
ok so no one can call why banks are at risk and which ones based on their balance sheets? just 'in 2008 .. ' yeah but that was due to 'out of band' systemic issues that only a few saw. What are those same things? forced recession seems different than what happened there but maybe it'll keep exposing badly run banks? then what? fed bails em out..
Nice video
Nice video
Nice video