Why a 2022 Recession Would Be Unlike Any Other | WSJ
ฝัง
- เผยแพร่เมื่อ 14 ก.ค. 2022
- Is the U.S. in a recession? Many economists think that’s a possibility and by some measurements, it may have already started. But why aren’t people losing their jobs?
Recessions usually come with a dip in economic output and a rise in unemployment. Right now, economic output is falling. But so is unemployment. WSJ’s Jon Hilsenrath has coined it a “jobful downturn.” We look at past recessions and indicators to explain how a recession in 2020 could be very different.
Read more about this “jobful downturn” on The Wall Street Journal: www.wsj.com/articles/recessio...
More from the Wall Street Journal:
Visit WSJ.com: www.wsj.com
Visit the WSJ Video Center: wsj.com/video
On Facebook: / videos
On Twitter: / wsj
On Snapchat: on.wsj.com/2ratjSM
#Recession #Economy #WSJ
![[TH] 2024 PMSL SEA W2D4 | Summer | โอกาสสุดท้าย ของสัปดาห์สอง](http://i.ytimg.com/vi/aswciGrYovo/mqdefault.jpg)
My main concern is how to survive all of these financial and political crisis, especially in light of the US political power struggle.
Bad year for me, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.
I agree that hiring a portfolio coach is a smart move and that in this case, patience is your best friend. I make a lot of investments and cannot afford to take the risk of doing it alone. Instead, since the rona outbreak began in late 2019, my portfolio has been maintained by a qualified advisor. I only need about $86k more to reach my three million dollar ROI goal.
@@michaelrenner3 Her name is Stacey Laura Alviani can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
@@danieljackson87 Wow! I looked up Stacey’s complete name online just out of curiosity and was pleasantly surprised by her credentials. Thank you for sharing.
In light of the impending recession and the fact that inflation is still far higher than the Fed's 2% target, several of the most prominent market analysts have been expressing their views on how terrible they believe the next downturn will be and how far stocks may have to fall. I need advice on what investments to make because I'm attempting to create a portfolio for my children that will at least be $850k in value.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
I've been talking to a coach or a long now, mostly because I lack the knowledge and energy to deal with these ongoing market circumstances. I made more than $220K during this slump, demonstrating that there are more aspects of the market than the average individual is aware of. Having an investing counselor is now the best line of action, especially for those who are close to retiring.
@@theresahv we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides you help?
My advisor is ‘’Julie Anne Hoover’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
@@theresahv Thank you for this tip , I must say, Julie appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.
Numerous opportunities exist to achieve substantial profits at present, but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA Agreement. This agreement allows investors to participate in sophisticated trades, exclusive to seasoned individuals, and unavailable to amateurs. Attempting to be a high-stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.
I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.
Inflation is over 10% here in the UK, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?
My Financial adviser is ‘’Natalie Lynn Fisk’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
My portfolio has been dwindling despite the S&P 500 doing well. It's frustrating. About 30% of my $580K portfolio has been lost in 4 months. How do I turn this around?
In my books not your fault, the stock market seems to be more of a casino for gamblers now than a place for investors.Its your duty to properly research, buying now does not guarantee a rebound
Having an investment adviser is the best way to go about the stock market right now, especially for near retirees, I've been in touch with a coach for awhile now and I made over $800K from an initial 450K since Q2
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.
I've shuffled through a few advisors in the past, but settled with 'Nicole Desiree Simon' her service is exemplary. I'd suggest you research her further on your browser, sure you'll find her basic info.
Thank you for this tip. it was easy to find your mentor. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
In light of the present situation, I think I should view a video on "How to survive the current recession." It's a total failure, in fact. I was amazed that some folks were still able to make more than $409k in a short period of time. If that's still the case, could you clarify how?
Even though there will probably be more pain in the future, without a doubt, the Fed is to blame for the exceptional catch-up measures currently in place since they were initially too slow to control inflation. Many people do, in fact, downplay the value of financial professionals until they are experiencing emotional turmoil. I definitely remember needing encouragement to continue running my business.
You're not doing anything wrong; you just don't have the knowledge to profit in a down market. Only experts with great knowledge who must have seen the 2008 catastrophe may earn considerably during tumultuous times like these.
@@oscarjiron6974 I need advice on how to rebuild my portfolio and come up with new strategies because of the significant drops. Whereabouts of this advisor's city?
@@AnthonyHart34 It's amusing that you brought it up since I completely understand. I'm not sure whether I can mention this, I have dealt with a lot of investment advisors, but so far ''Ruth Loralann Brennan'' has proven to be the most capable and educated. My portfolio is also managed by her.
@@oscarjiron6974 I can see why she is so busy because she has an impressive profession and excellent credentials. Therefore, without further ado, I immediately copied Sharon's complete name and typed it into my browser.
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k i want to transfer into an s&s isa but its hard to bite the bullet and do it.
@@bobbymainz1160 You need a Financial Advisor my friend so you don't get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
@simon fes She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that. You can take a look at her full name on the internet. She is renowned. So it shouldn't be difficult to find her official webpage.
I'm honestly impressed by the amount of people that seem to give a fk about this comment.
😂😂😂😂😂
I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
@@jenniferkyle6036 The idea of financial adviser aid may seem controversial to some, but according to a recent investopedia survey, demand for financial advisors has increased by over 41.8% since the pandemic, and based on personal experience, I can say with certainty that their skill sets are top-notch. From a sluggish $385K that lacked growth stocks, I raised almost $500k in 18 months.
@@gracesdonny1532 That's impressive! I could really use the xpertise of this manager for my dwindling portflio. Who’s the person guiding you?
@@margaritasbunny I am guided by Susan Agnes Hancock I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.
@@gracesdonny1532 Thank you for this Pointer. Your handler, who appeared to be highly competent and versatile, was easy to find. I scheduled a session with her.
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
With this crash I'll say it wont be too easy to pick the right stock, Jim Cramer said there are still huge opportunities despite the crash, and I overheard someone talk about making $250k from about $110k since the crash. How do I make these kind of returns Nate?
There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.
The US-Stock Mrkt had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable, considering we’re not accustomed to such troubled mrkts, but there are avenues lurking around if you know where to look, I’ve netted over $850k in the past 10months and it wasn't some rocket-science strat. I applied , I just knew I needed a firm and reliable technque to navigate better in these times, so I hired a portfoilo advlsor.
@@Walter_hill_ Thats quite Impressive! can you share more info?
@@lipglosskitten2610 Big Credits to 'Christine Jane Mcleanshe has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Christine as been a good guide through the year.
Profits are up, wages are down. There is a lot wrong with that situation.
Politicians
@@Mr.Williams23 Has nothing to do with politicians and everything to do with wage inequality in large corporations.
*sniff sniff* Money Printing combined with, I suspect, cooking of books. Creative accounting techniques.
Greedy
No this is #Capitalism
More jobs does not mean better standard of living.
More people may be employed, but they have to work twice as long and hard to keep the same standard of living from 20-30 years ago
Pretty much.
Give people more money 💰💰, and you will not have a problem finding workers!!
It's the govt that s always getting rich, not the people. People become impoverished.
Yes my mom says in the 90s the wage was way lower but groceries and gas and rent weren't over priced so people can afford having one job now days two jobs
@@mermaidaughter7 result of reckless money printing
What has always scared me the most about the inflation is that we might go into a very bad recession, and that would greatly affect the market. I have been able to accrue up to $293k, and I'm worried about a possible wipe-out from the inflation. I read of someone who's been making more than $23k every month despite this recession. Can I pull that off too as a novice?
For real, people underestimate how much they can rake in from the stock market. Started with $127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than $86k within just five months of starting, and it's been an awesome ride since then.
@@cloudyblaze7916 I need advice on how to rebuild my portfolio and come up with new strategies because of the significant drops. Could you recommend who you work with?
In my case Sharon Louise Count has helped me to do that proficiently. I'm not a guru so I don't really have experience in investment strategies. My consultant does the rest. I don't know, but I think you could look her up or something.
She actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
The price of momentum stocks has fallen. Some, in my opinion, have nearly reached their bottoms, while others, like Tesla, are still declining in search of one. Today's market is one for stock pickers; something always rises when markets fall. Trade those or purchase some momentum stocks that have fallen in value but will eventually rise again. When? The fact is that consumer spending suffers since the majority of income flows to those who do not need it. I still have $600K lying around, so any professional advice-like the one I currently have-would be very useful.
I'll suggest you find an investment coach or someone with market experience before the 08' crash to guide you amidst this inflation. More so because an investment advisors' skill set is based on short- and long-term holdings for profit realization and their unique analysis makes it nearly difficult for them to underperform, I prefer having their input in my day-to-day investment decisions. I've had a coach help me invest for literally four years, and we've already made over $1 million in net earnings.
Quite bad what's going on. The problem with a rising labor shortage, that industry will be the hardest hit. Fundamentally, restaurants as an industry are only viable with cheap labor and cheap rent. Right now, we have neither.
@@meredithelbert6608 Pls, point me in the direction of your guide.
@@larryronhartfield55 Personally I work with Susan Kay Mack. a registered Investment advisor. Quite renowned, search her name up to get in touch
@@meredithelbert6608 I googled the lady you mentioned, and left a mail after going through her credentials. I'm willing to make consultations to improve my portfolio..
I'm sure most of those jobs which are having trouble getting workers are low paying, stressful jobs that no one wants
BINGO!!
99% of jobs
Need more Mexicans and immigrants then
Disagree I work in a tech company and have trouble finding people as well.
there just aren’t enough people. that’s the real problem, baby boomers had kids but millennials are having on average 1 kid. we need a massive deflationary period where homes and basic goods are cheaper. it makes no sense that our population is barely growing but the housing market is going up 20% per year.
If the cost of living continues to outpace the increases in wages/salaries, a recession is pretty much bound to happen. I know here in Canada, the $8 minimum wage we had in the 1990s had more purchasing power than the $15 wage we have today... it's crazy.
I believe we might be staring at an Outsourcing boom followed by an immigration boom. This level of job vacancy will eventually get outsourced.
@@libshastra Interesting theory... if there is a major immigration boom though, how will workers be able to sustain themselves? If lower-middle class people in the western countries right now are already struggling to make ends meet, what makes you think immigrants who would be working lower-paying jobs would be able to afford those same things?? 💀
Yep. Western government's have seriously debased their paper currencies over the last 20-years, especially since 2020.
Immigrants would struggle to pay for housing, food and transportation.
@@libshastra the last 4 people i trained at work in canada were immigrants and they barely knew english and lied about what they knew to get the job
Recession! Crash! Inflation! Recession! It’s getting depressing. I have about $100k in emergency fund and I have been seeing good news about the stock market and would like to gain from that since I can’t let my savings be corroded by inflation. What stocks should I into as a newbie to safely grow my money.
Its best if you buy growth/blue-chip/large caps stocks only. Also, as a newbie its advisable you work with an investment advisor to help set up a well-structured portfolio.
Apt!! I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary financial advisor. By restructuring and diversifying my $620k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 30%.
If you don't mind, how can I reach this advisrr? My retirement portfolio isnt doing greatly.
Chrystal Amber Swope is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I find this informative, curiously explored Chrystal on the web, spotted her consulting page, and was able to schedule a call session with her, she shows quite a great deal of expertise from her resume.. very much appreciated
Pretty bleak that it takes 3-4 years of studying (and about $40,000-60,000) in student debt just to be *qualified* for a job that at most will allow you to save $30,000 a year, and somehow you're suppose to be able to buy a $500,000 house in time to raise a family before you're too old for kids🤔
Systems broken, collapse is imminent.
That’s one way to go about it, but many many other people go about it differently.
Many just find a trade/start a business, no student debt, buy a nice home for 150k-300k & are able to live the American dream…don’t believe the “one way to make it” hype…it’s not true
@@DePalma. if only it's that easy
@@AL-hk3oo simple, very probable success & if you don’t mind working, it’s relatively easy.
@Dan Aldrich Tons of great paying jobs that don’t require a degree either… You can work your way up
And some not cases not even qualify to by a house/car because of students loans, unless you lucky or have family/friends support.
I keep hearing “People don’t want to work anymore” but the reality is that people don’t want to work for a company that requires mandatory overtime, no benefits, no 401k, no PTO, no maternity leave, unsafe working environment with a boss who berates you… all for $15 an hour
Not going to happen, when there are quality jobs out there who offer a living wage + benefits + PTO + a safe working environment
mandatory over time? more like no over time i worked for mc donaled moved to a hardware store called menards then to harvest all these were cooperate ran jobs i went down the road to a independent farm and paid more even had over 50 hrs in over time nice easy 21$ an hr job 24 for over time was making almost 2k a week
Well , go to a engineering school or a trade school to become a high skill worker.
@@patriotamerican3069 Yes and if you are homeless, buy a house.
Some people can't take time off to go back to school Tool Bot.
@@patriotamerican3069 Illegals don’t need to do any of that, and they will get hired first.
Bruh i feeling that right now work on Saturdays used to be optional now if i don't show up it counts 2 days of work missed we have to produce double the production now its very stressful
Cost of living is too high, jobs don’t pay enough for citizens to keep up.
Invest??
@@Phant0mGetsuga993 not you, of course but for an average family of 4 living paycheck to paycheck please explain how?
@@Phant0mGetsuga993 “Just invest” “Just save your money” Dude you are so outta touch with how the real world works.
@@DanielPennybaker just have a small loan of a million dollars. just ignore ceos make 1000% more than the 70s, automation is emptying out all of the good paying jobs, housing is 2.5x more than it was in the 60s. just ignore the medical industry artificially upcharging for life saving goods like insulin. just ignore college going up by 3000%. just ignore that wages have been stagnate for years while everything is going up exponentially. whats that we cant afford to fix homelessness for billions of dollars? oh right but we have money to afford trillions of dollars to war at a drop of a dime.
@@DanielPennybaker "Just get a rich father" 😅
Market is down still, I've been looking up strategies and apparently both bull and bear market condition provides equal avenue to accrue massive gains, and a news article particularly mentioned a 54 year old that made $180k in 5weeks, how do I learn these strategies, my portfolio has been stagnant for months.
Building a good financial-portfolio is more complex so I would recommend you seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.
I'm sure the idea of a coach might sound generic or controversial to a few, but new study by investopedia found that demand for portfolio-coaches sky-rocketed by over 41.8% since the pandemic and based on firsthand encounter, I can say for certain their skillsets are topnotch, I've raised over $400k from an initially stagnant reserve of $150K all within 14months.
Roddy Please can you leave the info of yo invstment analyst here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lol
@@evitasmith6218 My advisor is “Lucy Holden Coyle” You can verify her and use her services if you want.
Thnk you for this amazing tip. I verified her and booked a call session with her. She seems Proficient.
I had to quit two jobs in the past year because I was not making nearly enough money to cover my expenses. Those jobs remain empty because their wages do not reflect the cost of living.
That makes no sense. You don't quit jobs because you desperately need money. People dont stop working because they aren't making enough money. You found a better job.
@@q335r49 the point is there are jobs that aren’t filled and many of them aren’t filled because the pay/ benefits are worth it for people, and they may find other jobs or they may find that the disrespect etc isn’t worth it and they can survive off of their spouses income etc.
@@clairbear1234 that just means they don't need money. A lot of people don't need money because, eg, there are more important things in life, eg, stay at home mom, grad student. This is a case of personal choice, and not, as the user states, a case of desperately needing money to cover expenses.
@@q335r49 The first job was a 30 minute commute either way from my university, and I had to work short shifts because of my schedule. When I did the math I was getting paid like $5 CAD an hour after gas and insurance. The second was pizza delivery in town that I lost money on if people didn’t tip well.
Oh but the Biden administration has done a wonderful job with our economy! Please put competent people in office going forward. I want to see someone other than Biden or Trump in 2024.
As a millennial I am very excited to experience another major recession during my lifetime. And I am only 34 yo. Very grateful for our bright old minds running the government and for the rich that are hustling everyday for our benefit. How much would they like the bail out to be, just so we know and prepare?
lol
We aren’t without responsibility either.
LOL
@@B3B3TTER they don't understand economics. Or history.
Those old farts did a pretty good job...
-Said no 1 ever
Businesses: "Omg, we can't find workers"
Also Businesses: Record profits but won't raise pay.
You need to differentiate between the mega corps and the small businesses
I am tired of hearing nobody wants to work because that isn't true! These Compnies are posting jobs they will never fill so they don't have to pay back PPP Loans. It's a sham! They also don't want to pay us a livable wage and it's worse when you are over 50 like myself. Covid has really put American's 50 plus in a disadvantage during Covid and they made money. Now, they say they cannot find people to fill positions.
Raising wages raises unemployment. Wages are generally at equilibrium, It's better this way.
If they raise waves - it could lead to a wave/price spiral which we don't want. This would mean even higher inflation.
@@jatinshilen the evidence actually suggests the opposite
Inflation is killing my budget and my salary. I can't invest in the financial market anymore and it seems like I will need to sell all of my risk assets to keep my head above the water this year
Investment on risk assets (stocks, crypto, forex etc) is easier with proper guidance, especially from a proffessional it really helps reduce the chances of running into losses
I had this experience during the last downturn and thought I had lost everything but thanks to Ms. Jennifer Marie Ferguson who is my Financial Advisor , I recovered all my losses.
Stop managing your portfolio and write to her as you keep losing money, she's a trading pro. She will help you win passively.
With everything going on right now, the best decision is having a profitable investment strategy. Stocks and crypto are good, but forex is the best.
I lost a lot in the stock market crash, please I need help. Thank you 🙏
History teaches us that a crash is inevitable. I and my wife are adding a variety of stocks/ETF to our present holdings and we've set asides a good amount to start following inflation-indexed bonds and stocks of companies with solid cash flows. I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profits as well. I have approximately $750k stagnant in my port_folio that needs growth.
Make your diligent research. 08' 2020' 2022' all even years! the bigger risk now is not inflation, it's deflation. I'd suggest you get yourself a portfolio-coach that can provide you with entry and exit points on the assets you focus on.
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
Bull markets produce many self-claimed stock pickers but in reality, the true stock market genius is born in a bear market
Reminds me of the phrase...."Rising tide raises all boats" to which Warren Buffet added "It’s only when the tide goes out that you discover who’s been swimming naked"
I want to build a diversified portfolio based on my persona. I am easily triggered/highly emotional and that could be detrimental to my portfolio. I wish i am patient and systematic person. day trading is not for everyone and multiyear holding is not for everyone. i know my strengths thats why i need proper guidance to be able to venture.
@@jamesbarn3030
@@vanesseparker1619 Can you recommend any fiduciary Financial Advisor?
The company I work for has made record profits year on year for the last 8 years, but that is not reflected in the salaries. So, people leave. But the other companies locally follow the same pattern, so there is little incentive to leave to boost one's salary. The only reason to leave would be for a change of scenery.
It is understandable that people choose to retire or set up their own businesses. Big corporations get too greedy over time and ultimately suffer the same consequences.
Too bad they will never face the consequences of running a unsustainable business, that's all on the workers.
leave. then go back and demand a higher salary.
Even they know bad times are ahead, and are trying to use that profit to make good on pandemic losses
Nailed it.
As a Retired CEO of a smaller sized C Corp, where the Majority of the Stock is owned by retired Employees or their Beneficiaries and some still held by The Third Generations of the Founders Family. We always tried to give Annual Raises reflecting the inflation Rates & Job performance and Bonuses were always based on Yearly Profits, when we saw Market Conditions eroding, we would cut back on them along with Upper Management Distributions & Stock Grants, and would request The BOD to cut the Dividend, only to build cash reserves adequate enough to see The Company though any impending deeper downturn without having to resort to Layoffs. The longer-term Employees knew what we were trying to do as they had been though it before and never complained. Trying to explain it to newer Hires was fruitless as they thought it was just greed and never realized it was being done to keep them employed regardless of Market Conditions. There were times when Managers had to find tasks that required no other cost than Man Hours to keep employees busy. But in the 27 Years (of which some were operated in the Red) of my Tenure we never had a Layoff despite all the ups and down of the Economy & Market Place. Good Business Leaders recognize their Employees value and the investment you make in training them. Retaining them is a big part of being a Leader. The Corporation has been in existence for almost 100 years and that philosophy of Fiscal Management has been integral to it's existence Today.
I saw an online advert that spoke about crypto and stock, after my reviews about them I gave it a try and it was real but unfortunately I lost contact with them within a short period of time and I have been going through series of advert to find something real. Anyone that knows a good source?
Hello, i would suggest you find a consultant or an expert
Hello I know of a source that works for me, it has been a great help to me
@Bryan Jordan Wow! Just when I thought I was the only person trading with Stacey Edward, you recommended her. That’s good of you. I have tried before with her and she’s real and transparent
@@juliashaw449 Okay. How can you help? how do i reach or connect with her
< TradewithStacey username
I'm here to learn how to trade and also to invest. After listening to a guy on a live program about the importance of investing and how he made $410k in 4 months from $145k, somehow this video has helped shed light on key points, but I'm still confused as a newbie and I'm open to meaningful ideas.
The common mistake we newbies make is venturing into the market without help and legit guidance from a professional.
Job will pay your bills, business will make you rich but investments make and keep you wealthy, the future is inevitable.
The market is all about crypto now, you might want to look into it.
@@alonsocarlos8372 Investing in Stocks is the wisest decision, If you've not been involved in any you're missing out.
Nobody becomes a millionaire or billionaire by working for others and depending on them, good investment brings millions of dollars.
And the WSJ conveiently ignores the fact that the reason people don't want to work is the fact that wages are so low that working just isn't worth it. This isn't an issue created by everyday people. This is a catastrophe headlined by greedy corporations.
Yep…endorsed by republicans…
But how they feed themselves? People in japan and 3rd world countries also feel the same way, low wage for loads of works but they keep working so they can put food on their table.
Can u shed some light for me? Cheers
stop the free money stop the food stamps....every one will work...
@@longinningsinvesting6336 stop the price gouging stop the inflated ceo wages, stop stock buybacks, stop government bailouts for billion dollar corporations, everyone will work
@@radhetwidjaja8543 grow your own food honestly
When you invest you're buying a day you don't have to work
Many thinks bitcoin investment is only profitable when the market price is going up but from my knowledge and experience I can boldly say to you that investing in bitcoin is profitable both in bulls and in bears all you need is the right information
@@velentevictor9435 True! Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. The stock market has plenty of opportunities to earn which I myself took advantage of. I made my first million from going diverse, mainly ETFs(stocks, bonds etc), bitcoin , and gold. I'm also working on an investment plan that includes NFTs with my advisor, Katie . It's been a year and half of steady growth.
@@velentevictor9435 What actually the idea behind this bitcoin investment,I have been watching some videos and I was thinking about investing in bitcoin , but still don't know where to start from
@@anthonygold6583 Same here ,It's strange how people talk about all the profits, they've been making through investing in bitcoin, while am here not making any profit at all. Please can Someone put me through on the right path.
@@shannoncallehan9678 Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that bitcoin investment is one of the profitable money exchange services that elevates investors and their financial status.
History teaches us that a crash is inevitable. I and my wife are adding a variety of stocks/ETF to our present holdings and we've set asides a good amount to start following inflation-indexed bonds and stocks of companies with solid cash flows. I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profits as well.
Make your diligent research. 08' 2020' 2022' all even years! the bigger risk now is not inflation, it's deflation. I'd suggest you get yourself an Investment-Adviser that can provide you with entry and exit points on the securities you focus on.
@@Mariegot7770 good Mary! for real? I could really use the expertise of your Investment Adviser if this is not much i'm asking, my portfolio has been down bad!
@@charlottedavis8047
@@simeonebarret6716 ,
Things are honestly getting out of hand. Worse is our government pretends like they don't see it. I for one has been hit very hard and at this point, I am more interested in a solution because I don't think an end is near. How do we survive this phase? I am slowly losing my mind.
Practical steps: Vote wisely, Spend only on necessities, Pay attention to your health, Try to spread your assets (locally and internationally) and while at it, always make correct inquiries so you don't throw your money in the wind or better still, get the services of a pro (that way, you give little room for error). Made my first million earlier this year this way and can comfortably wait out this "phase".. Good luck!
@@toyko7200 Amazing approach though its quite as easy... You mentioned something about using a pro., if it's not a bother, do you mind telling who or recommending any good one? I could definitely use help right now as my finances are currently in a terrible state... I look forward to your reply...
Easy on the panic bro...It will only do more harm than good!
@@hebeigucci5367 Funny enough, I can honestly relate. Nobody said it was easy as it takes some level of decisiveness and discipline. I don't know if I am permitted to drop it here, but her name is "Leah Marie Sandock". Was in the news a lot in 2018. You may look her up for more.
@@toyko7200 wow I know this little lady. Once attended a fundraiser she was also in attendance in Vancouver,, Great speaker with a funny accent,, She's American though, I doubt she works with foreigners,,,
"This time is different" - 1949
"This time is different" - 1954
...
"This time is different" - 2008
...
"This time is different" - 2022
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless" -Thomas Jefferson
Exactly! Next question along that line of thinking would be "who owns the banks?"
Can't answer that without losing your social status and more.
@@dreadpiratelenny1348 I believe Thomas also has a quote about that
This really hits home
No insult intended: It's funny when people quote things like that when the founders were jerks and made it possible. I mean, really, for instance, even Jefferson passed slaves down to his son. The powerful/rich have always worked to get more and keep others down. It has gotten worse and will get worse. Add to that Internationally the U S is getting weaker. .... BTW, do you have your own opinion/facts?
This quote is out of date and expired back in 1960 or worse #Rothschild held debt from American Civil War (April 12, 1861 - May 9, 1865) between the Union and the Confederacy. #Jewish #Zionist run America. Inside US Gov #elections #laws #democracy #media 401k #retirement are all hostage to money changers. Today in Americas version of democracy, Americans get 2 choices for US president, #WallStreet funds both candidates. Still this is better than #UK where prime minister is elected by parliament votes not the public.
With inflation currently at about 10%, my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy asap.
With the inflation, the stock isn't going to be raking in huge gains. It wouldn't be a bad time to BUY it, just don't expect big gains from it for a while. I'll buy once things start looking up in all those trouble areas..until then, too much turbulence for me.
We are already in one but since they are expecting republicans to win, they will wait to announce until they take over to shift the blame.
Invest in gold, silver or oil
There are lots of mixed opinions about stocks and there projection in the next coming years, I aim for short term solid gains from market correction and I'd definitely jump on the boat if I knew a thing or two about day-trading. I'm just looking for the right moves to grow and hedge my stagnant reserve of $590k from inflation.
Personally, I would say have a finiancial market pundit. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good idea
Very true. I've been in constant touch with a Financial-Adviser for the past 23 months. You know, these days it's really easy to buy into trending stocks, but the task is determining when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. Can’t say I regret it, I’m 63% up in profits already in the last quater of 2022.
@Finest Bear Hug Johanna Mussche is her name. Look it 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 résumé.
Hard to say because the last recession relied on defense and we still had the middleastern war going on.
The degree to which financial leaders and thinkers are so completely oblivious to the extraordinary divide between the wealthy and everyone else is truly remarkable.
They aren't oblivious. They know exactly what they're doing. If you think someone is stupid you also don't think they're evil
Hahahahaha they are not oblivious. They are paid for and bought by the people doing it.
Oblivious? This is by design. Collapse the system. You really that Naive to think these people don't know what's happening? Wake up boy
The leaders are pure evil
@@bobbymanganaro The goal isn't to collapse anything, It's a game of chicken corporations play with the US Government.
We pretend to be a Free Market, but deep down businesses in many industries like Ford, Bank of America, American Airlines etc.. know they're not actually allowed to go bankrupt. The Federal government will step in if they do.
So they make riskier and riskier bets, after all why not? If it pays off they make record profits, if they fail they go hat in hand to the Government to bail them out.
Companies are lying about how many jobs they are actually hiring for. My company has 1,000’s of job posted but they are not filling those positions. If you go look at all the tax incentives to keep employees and continue to hire from the government you will them see why this is happening. The retention rates for these tax incentives are still very much active but once those have sunsetted you will see mass layoffs.
Bingo. I recently helped someone find a job and there were plenty of jobs but they either had horrible pay or when they went for an interview there was a dozen other people interviewing for the same position. Something doesn't add up and all these labor shortage videos the last month make me believe someone's pumping some bs for political gain.
@@rocketpropelled I have been saying EXACTLY the same shxt for the past months now. My experience and that of many on the job market right now do not reflect what is being vehiculated in the media or by the gov.
I have noticed a shrinkage in available jobs, small businesses WITH hiring signs that are NOT hiring, 80 to 300 applicants for nearly every job application (with no exaggerations), massive layoffs of talents across the corporate ladder (regardless of seniority or talent), increasingly low offers, undisplayed salary because let's be honest... the pay is shxt, people like me that have been actively job hunting since graduating in the midst of the pandemic (way passed the average 8-month mark).
YET with the increased margin between salaries and rapidly rising inflation, we are being told that all is well ?
BULL
I thought the retention incentive program ended in October of 2021 but still could be back claimed until April 2022 ?
@@skeezix8156 uhmm I think they still have a year left to make claims. I could be wrong.
This summer i applied to so many jobs all differing in content and heard back from no one. Several of my friends had the same experience
"It doesn't even look like a recession, companies actually have higher profits than ever". I think you may have solved the issue right there.
It is important to factor in that the us government have given out free money to 94% of us citizens, which means spending has gone up, and business profits go up as a bi effect
Free money for the entire population has a tendency to do this. Pandemic stimulus packages are, in reality, just another way for the government to inject money into the economic system. The problem is that the pandemic stimulus went way overboard and caused massive inflation, meaning prices go up and people will still not have made any more money because of it.
@@Nothing-gw2fb having to work more than one job is a crime against humanity. Not possible if you have mental health problems
People can get jobs, they just can't get enough money to live on.
Exactly
Jobs are so conversational. Everyone needs one
No they cant
@@drinkingoutside7584 Yeah, that is what I said.
What are they spending all of their money on?
Glad I'm not the only one sitting here thinking about those "unfilled jobs" and what actually is causing it.
I'm currently looking for a job - the right job - and my family and I simply cannot afford to take what the majority of the jobs in my area offer. Pay needs to reflect the cost of living. That's why people aren't biting.
UMMMM....RIGHT....BUT HOW ARE YOU TAKING CARE OF YOUR FAMILY WITHOUT A JOB ?????
The problem is the businesses are competing with government handouts
@@rosiebrooks7685 emergency savings???
@@bigiron3304 like the video shows.. record profits and stagnant wages….. its corporate greed not handouts
I couldn't even get a job I had a perfect resume and I had no issues getting jobs in the past but it's funny how all these companies that are supposedly desperate for workers are very picky
Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realise that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life
@LIAN RICHARD Yeah you're right, that's why I had to start Forex trad..ing two months ago and now i'm making benefits from it now.
Speaking of being successful . I know I am blessed if not I wouldn't
ave met someone who is as spectacular as Mrs Debra Barton
I have been surviving through my investment with her am so glad I inves..ted when I did . cause I've earned up to 78k USD in crypto trading
@@ericedward7258 O ' Yes I'm a living testimony of her good work ex..pert Debra Barton.
Mrs Debra has changed my financial
status for the best ,all thanks to my aunt
It is so unsounding and uncomfortable to know we are in/heading towards an awful economy and our government just continuously makes it seem like everything is fine.
votes
It's on purpose. Collapse the economy so they can create a new system where you will own nothing and be happy.
This happens all the time they can’t say we’re in recession because people will panic and it’s vote time so we can’t do that either next year going to be ugly
Rich get richer poor get poorer, it's a recession for most but a profit party for few.
Recession is probably the best road to take now. 18 months of pain and a slow recovery.
Not nearly bearish enough. Have fun buying that 10% dip. Nothing to see here folks. 18 months is the average recession but whatever.
The deeper the correction the greater the chances of new positions and hence clarifications.
@@kansasmile I have 55k in a well diversified portfolio in stock and digital assets which has grown by 3x in the past 7 months with compounding, venturing doesn’t necessarily boil down to funds but you also have to be informed, be patient and back it up with good guidance
@@kansasmile Even the most successful investors experience losses when the market is weak or when they make choices that don't work out as planned. However, overall investment ought to significantly improve your net worth; because mine wasn't, I had to work with "Theresa Mary Chamblee" who clarified my mistakes and enabled me to make clear progress.
@@kansasmile ^^^^^ Scam Alert ^^^^*
I strongly agree with you mate.
Investment is the key to sustaining our financial longevity, and not just any investment but an investment
with guaranteed return.
To earn more you are required to have a multiple diversified stream of income, which is why investment is an avenue of making more money once it's profitable.
It's more wise and save that those intending to start crypto journey learn the trade withprofessionals who understand the market quite well, with that maximum profit is assured.
It's professionally recommended to trade your coins with experience brokers, who can help grow your coins while assisting you learning the trade
l also can be a profitable in trading all it will take is determation and mentoring even though you lose money you keep on trying
It's not that a professional don't lose trades they lose but when they gain they gain all they have lost and make more profits on top just like my account manager Mrs Stacy griffin kartner her strategies are profitable and her company is 100% trustworthy
A recession (if at all it happens) will likely make the US economy to crash. But for stockholders, a recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You’re right! The current market might give opportunities to maximize proffit, but in order to execute such effective transactions, you must be a skilled practitioner.
@@Alejandracamacho357 On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio took a big hit in April due to the crash. I quickly got in touch with a brokerage-advisor that devised a proactive strategy to protect and profit from my portfolio this red season. I’ve made over $450k since then.
@@PhilipMurray251 I could really use the expertise of these pro advisors , my portfolio has been down...who’s the person guiding you?
@@wiebeplatt4749 The advisor that guides me is Stephanie Priscilla Bonillo, she's well-grounded and known, shouldn't be a hassle finding her page, just look up her name on the net.
This recommendation literally came at the right time, I dipped by $11k in stocks last week alone. Its crazy! I just looked up Stephanie Priscilla Bonillo online and researched her accreditation. She seem very proficient & I wrote her detailing my Fin-market goals . Information they say, is power. Thanks for this.
Think about it, it’s nothing we have never seen because the cost of living compared to the growth of wages has never been like this. The person pumping your gas in the 50s could buy a house and support 2 kids and a wife.
Some would say when the majority of women joined the workforce it doubled the supply of workers and therefore drove down the price (wage) of each worker. Now it takes both partners to work to have one home
@@billytheripper4 let’s not sit here and act like greed isn’t a huge part of it. There was millionaire CEO’s back in the day but not MULTIBILLIONAIRE CEO’s. Literally greed has ruined this country and the agenda that the elites have is far more deep than you’d expect. NWO is coming
The owner of the gas station, not the guy pumping the gas.
What recession ? I am collecting cash flow
wages for many jobs are still at 12 or 13 an hour!
When are we going to get a study about how most of these unfulfilled jobs are not paying a living wage! I’m sorry I cannot pay for my $2,000 apartment on $15.00 a hour! 🤦♀️
Preach!
I'm trying to move out due to a complicated family situation and I can't find a studio or 1bed apartment in my state within a couple hours of a hospital my insurance works with that isn't nearing or above $2000/month. Insanity!
Find an apartment for $1,400 a month.
In this perilous time of recession, protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over. This is for stock holders.
Unfortunately, most people don't get this, the majority is after chasing tops/bottoms where they fail & get out of the game.
Therefore, in the current bear market, we should pay more attention to the risk rate of the market.
@Jeremy Walker Same thought when I read the comments from people. as if it's that easy! You can't give what you don't have. That's why as many as who go into the market with little to no knowledge will continue to feel the full downsides of stocks when it happens. I personally need some guide with regards to my portfolio. How can I reach Wendy?
@Jeremy Walker Scamers
Entire comment chain is fake account bots trying to scam you with a fake financial expert
One major factor was left out is that we are seeing global inflation. I saw it in the news that most countries are all competing for parts , products food etc. Even nations that managed their rates better are seeing major issues. The glut of money was an issue sure, but the surging demand from nation that re-opened from covid lockdowns played a larger role. Add to this pandemic-related staffing issues and the intentional global oil supply problems and its a nightmare. I known the intention was to explain inflation but that doesn't do justice to the current inflation on a global scale.
The severity of the condition of our economic circumstances is beyond many peoples comprehension and many continue to deny its existence.
People are working so hard and there is little or nothing to show for it everybody is basically working to sort out one bill or the other no savings for the future.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire. Personally I hired "Williams T. Kevin" a professional financial advisor who sets asset allocation that fits my tolerance and risk capacity, investment horizon, present and future goals.
@@-Fredrick Please your Financial advisor you mention, how do i get in touch with him for some investment assistance?
Recessions can be scary times, but also are a great opportunity for many people to grow their wealth, learn new skills, and increase their value in the marketplace.
Interesting how they failed to mention the general sentiment of workers towards how they’ve been treated by their job. Long gone are the days when jobs could treat their workers like 💩, pay them 💩, and expect them to dedicate their entire lives to a company that will replace them as soon as it’s convenient to do so.
Naturally a paper named after one of the worst offenders of these attitudes would conveniently skip over this important aspect. 🤦🏻♂️
ITS THE RISE OF COMMUISM BASICALLY! UNDOUBTABLY! LEFTEST HEAVEN
Right you are. Job hopping is the best method to increase your wages. Talk to any Gen X or Boomer and they’ll ridicule you for not “sticking it out” with a chit company that reminds you that you’re replaceable.
It’s not difficult to see what’s happening if you can afford to pay attention lol
This seems to be more of a consequence than a cause of labor shortages. As workers have more choices for where to work, they are able to demand more from their employer, e.g. higher pay, improved working conditions
ok? so you want to keep switching taht just makes employer cost go up as well, and gives you the illusion that lots of people are taking jobs, while if recession hit then most likely people who would have to take part time jobs to make pay checks and they do not get to move anymore.
@@IDontGiveADam that causes labor shortage lol people move and dont care about having to learn new job,, like the company take time to train new people and you guys act like the company isnt hiring enough.
It really isn't rocket science and the fact economist are having such a difficult time understanding this recession from others baffles my mind. The simple answer is things are too expensive while wages don't keep up. It's been happening for 40 years now, and the fact they ignore that more and more people are a) not able to afford a home or rent, b) can't afford the basics, c) are incapable of putting money back into the economy since 90% of the 70+% of Americans go into rent/utilities/food, and d) the things needed for people to start making more money have become so expensive that more people are strapped with debt and forced to put even more money needed to stop a recession from happening going to pay off student loans. People aren't buying because people can't afford it and what's worse is that the people who can afford to spend are the same people hoarding the majority of wealth, to where they're not spending it, they're using that money to make more money so they can hoard more money.
Anyone who isn't an -illionaire can see that. Housing is insane. Housing policy is insane.
Economists are employed by Banks and Wall Street. They are highly biased in favor of anything the Fed says. The Fed exists to keep bank profits as high as possible by milking the middle class. However, the middle class is disappearing so there will be fewer cows for the banks to milk.
So the economy became a giant, giant Ponzi scheme.
Oh, they aren't baffled. They're just reading the script man.
Worth considering if something is a decades long trend then it's probably not the reason something new is suddenly happening.
I love how they keep showing the 3 sided triangle of the economy, but *NEVER* mention that companies might just have to accept lower than RECORD HIGH PROFITS to move through a recession. I know corporate America threw out long term stability in exchange for short term profits once Reagan changed the laws, but the level of arrogance that's being displayed in not even considering a reduction in profit margins to maintain longer term company health (ie keeping your talent in the company instead of laying them off) is insane and just shows that these companies are assuming the politicians they paid for will bail them out when their strategy goes south, again...
reminds me of the history that before the French revolution, the French nobles and clergy simply refuse to pay taxes even while the nation are starving.
Yes, this is exactly the issue.
When employees are hard to find, employers have to offer more in order to attract enough employees.
If these higher wages are going to be passed on to higher product prices instead of a reduced profit margin, it will cause inflation.
The record profits are a feature of BIDENFLATION. Costs go up and profits are based on costs.
@@CarbageMan ok guy who failed econ 101, profits are revenue minus costs. So if you are just raising prices to keep up with rising costs, then net profit DOES NOT INCREASE.
But that's not the case here. Because the US has allowed corporate America to consolidate at will, the number of companies so large that they become price setters instead of price acceptors has skyrocketed.
And it's companies that are price setters that have taken the MOST advantage of inflation.
@@scottgrindrod Actually I got an A in econ 101, and uranidiot. Of course profits are revenue minus costs. Ask yourself what a business does when costs go up. They raise prices. Then what happens? Well, they anticipate increased costs, and they bump their profit percentage so that they won't soon have to raise prices again-particularly as wages inevitably increase to meet market competition-adjust packaging, sales schedules, etc.
Accept being owned, and go back to reading Marx.
PS: Unlike marxists, people in business have to work from forecasts.
Most times it amazes me greatly the way I move from an average lifestyle to earning over 63k per month, utter shock is the word. have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.
Wow buddy, that's more than a mouthful of profits you're making. How do you achieve this feat consistently? You must be a genius in trading.
@@craigpotter1262 Anyways not actually, what I know about trading almost borders on zilch lol. I make huge profits on my investment since I started trading with Mrs Debbie Ramirez, her trading strategies are top notch coupled with the little commission she charges on her trade.
@@williamadams2361 really are you giving her your money or your coin?
@@ebonicalbert5711My coin stays right in my trading account, my account just mirrors her trades in real-time that's the idea behind copy trading.
Technically crypto has already taken a high rate in the financial markets,
2020-2022 what a time to be alive...
When China invaded Taiwan you could stretch that out to 2020-2030+
It _could_ have been substantially worse, something to think about. But, yes, it's been depressing.
@@jerryrichardson2799 lol this is the prequel jerry its very obvious 2020-2022 were not recessionary times homes went up not down cars up all assets we haven't seen the real pain yet but silently it started 3 months or 7 months ago unofficially because we are in a recession but it takes 6months maybe a a year and half before its well known we are in bad times
@@DanielPennybaker China has been talking about invading for 70yrs, did nothing when its economy is not dependable on Taiwan or global trade. Now that Taiwan is its major trading partner n Taiwan is a crucial trading partner of many powerful nations. Invasion now is economic suicide, never ever going to happen.. 😁
@@brianoleson9224 I guess more and more people become aware of this grave situation
Current salaries for the average worker are so low that if an employee decides to intentionally make life tough for their personnel, most will not have any loyalty to staying on. It's not about work, it's about the insignificant difference of living standards between keeping a job position and not having a job at all. For many people the life style is almost the same, which does tell you how severe employment conditions can be.
my observation is companies aren't hiring people they need, they just work those they have to death under the guise of we can't find help. The fact is they dont want to pay for new staff. You see it in healthcare, schools, etc..... they are working the workers to death and holding them hostage forcing unethical practices on them to retain a job. Been seeing this in healthcare for ten plus years. patient ratios and committing fraud with unneeded procedures and nonsensical charges.
This is so true. Wages are so low yet employers are still expecting you to take so much. I saw a hotel ad for 12-hour shift 5-days-a-week job paying $12 an hour. These employers are delusional if they think people are going to sacrifice their livelihood to still be poor.
@@TimErwin Immigrants would take these jobsand blue collar American canadians would face unemployment. Problem with white blue collar worker is frequent long cigarette breaks, don't like to work overtime or in weekends so labour intensive repetitive low skilled jobs would be taken from Americans and candians to such legal and illegal immigrants.
@@TimErwin I know migtants who work 16hrs a day for all 7 days a week, i don't think white working class spolied children can compete them in repetitive labour intensive work.
@@khushveersingh3297 Good luck to them then. "Spoiled" Americans aren't going to take these low-wage jobs that aren't even allowing them to afford basic necessities.
With changes in the economy leading to instability in the stock market, I am considering liquidating my $730k portfolio consisting of bonds and stocks. Someone else in the same situation?
I would suggest you thoroughly evaluate the companies you have invested in and their estimated future performance, as we may expect to see the market decline further. To minimize stress and improve efficiency, it might be wise to seek the assistance of an investment advisor to help restructure your portfolio. This approach has been successful for me and has reduced my stress levels....
I have been exploring the possibility of utilizing advisors to help navigate the stock market during these uncertain times. However, I am still evaluating their potential effectiveness in providing the support I need.
MARIA ELENA MONTES is an esteemed coach known for her proficiency in her area of expertise. You probably might have come across her. I found her on a CNBC interview where she was featured and i reached out to her afterwards. She has since provided entry and exit points on the securities I focus on. You can carry out a quick internet research on her name for more info. I basically follow her market moves and haven’t regretted doing so.
I have been feeling anxious about my retirement approaching and was thinking about selling some of my investments. After conducting extensive research on Maria, I came to the conclusion that she is a knowledgeable and adaptable expert in this field. As a result, I have scheduled a call with her. Thank you for the suggestion.
Good decision you scheduled a call session with Maria. Proactive steps towards your goals are essential for achieving long-term success. I hope the call proves to be beneficial and provides you with the insights you need..
I had 6 family members retire this year. A few friends left their big box store jobs because they were tired of being disrespected. They started a business, with no employees mind you, and are actually making more money than before. We went from two incomes to one by choice because daycare for our kids cost more than half of our income. We got the idea from other family members doing the same. Retirement, work environment issues, and financial decisions are probably the main reasons for all of this. Just an opinion.
Similar thing here. I have a good job but my fiance's options were basically high pay with disrespect and insane stress, or low pay with disrespect and not much stress.
Or, if she stays home, we can save money in a lot of areas, and the extra pair of hands to run errands etc during the day has made a huge boost to our quality of life. So far we haven't regretted it, and the freedom and quality of life benefit from having a stay at home spouse is just unreal.
How many kids you got to where daycare is half your income
@@spidermonkeynuts3851 We have 2. The least expensive center that was certified was $600 a week for both, so $2400 a month. A home based daycare provider tends to be half, but that is still $1200. Even with losing that much income with one of us home, we also saved on gas, clothing, using PTO to take the kids to the doctors, and so on. Plus we controlled who they interacted with, what they learned, and got to bond more.
I feel recession is at door step when wsj uploads a video on it.
Probably, voted up.
WEF members are everywhere.
I'M NEW TO CRYPTO TRADING WHAT'S THE BEST WAY TO GET STARTED WITH TRADE COS I'VE BEEN MAKING MY PERSONAL RESEARCH FOR A WHILE NOW I DON'T KNOW HOW TO TRADE ON CRYPTOCURRENCY ?
I never had the opportunity to benefit until i meet Josef Dennis. that's when i started earning real good at first I invested 3BTC and earned 10.5BTC in just 2months of trading
Quality predictions as always. Really helped trading with Josef Dennis analysis and info, even with the market in a downward trend. Definitely riding the market wave is a good perspective.
I also wish to be part of this success as well ..💕.
How do I connect with him ??
That's his handle up there.👆👆
I find it interesting that they conclude that the jobs market is so high because of demand from the stimulus. It wouldn't surprise me if it was an induced demand with companies trying to get back to pre-covid levels of production and demand
Most research I've seen showed that most people who received a stimulus saved whatever was left over from necessities. So I don't know that claiming that demand went up because people had enough money to make some rent and groceries is accurate.
I'm sure there are jobs available
@@Radhaun It isn’t, but if you tell a non-questioning public that it did and you did that, you can trick the feeble mined into voting for you again. Yeah, that’s lying, but that’s politics
"c0v!d".
| CAME HERE TO LEARN HOW TO INVEST AFTER
LISTENING TO A GUY ON RADIO TALK ABOUT THE
IMPORTANCE OF INVESTING AND HOW HE MADE
$460,000 IN 4 MONTHS FROM $160k, SOMEHOW
THIS VIDEO HAS HELPED SHED LIGHT ON SOME
THINGS, BUT I'M STILL CONFUSED, I'M A NEWBIE AND
I'M OPEN TO IDEAS.
Investing in stocks or crypto is a good
idea, a good trading system would put
you through many days of success.
Most people are scared because of the
chance of loss incurred while trading
I'm thinking of investing in the crypto
market, but I'm taking my time to
understand how it really works
It is possible to produce superior
performance provided you do
something different from the majority.
However most of us tend to pay more
attention to the shiniest position in the
market to the cost of proper
diversification.
@@williammortensen8588 Exactly, the trick is
to diversify your investment, don't panic
when everyone else is and invest
consistently.
They forgot to mention another reason that there are so many jobs available, because they aren't offering anything in return. Why would anyone get a job that doesn't let them have any sort of quality of life?
You need to check out how you forefathers lived.
@@gonesideways6621 wealthy
what do you mean by "anything", if you are leaving a comment for WSJ audience, something this biased really gets people confused
@@gonesideways6621 Not in a 2 bedroom apartment delivering Amazon packages
@@gonesideways6621 The quality of life today is way higher than any other time in human history.
But we're starting to get to a point where all of the resources are being sucked up to the top, and the people who have all the resources are becoming more and more opulent and detached from the rest of the world.
Biden was warning about food shortages a while ago. In an age where we have the technology to grow as much food as we need and enough for export, too.
Maybe 80% of those jobs are minimum wage so people rather work for themselves . This days some people make more money doing deliveries than working in some big companies.
Out of 73.3 million hourly workers in the US (55.5% of all workers), 1.1 million had wages at (247,000) or below (865,000 !) minimum wage. That's 1.5%. So I suppose you were using it as short hand for "jobs that don't pay a living wage".
The unemployment rate is a scam; it’s only going down because people that “give up looking for work” get kicked out of the statistic after 6 months, which artificially drives that line* graph down. It also doesn’t count underemployed people as well.
also not forgetting "underemployed" people (like working gig jobs) and recently learned that disability does up whenever job growth is at a "record high" it's completely artificial.
@@samaraisnt exactly.
@@merylmackenzie2186 Im not sure what you're getting at or if you completely misunderstood my point, especially when I put air quotes around "giving up looking for work".
@@thatisabsolutelykooooge2211 no I’m just genuinely curious how different people pay their bills without being employed; collecting unemployment? Savings? Doing side jobs?
@@merylmackenzie2186 they drown in debt and move in with parents or friends or, worst case, become homeless…
*EVERY FAMILY HAS THAT ONE PERSON WHO WILL BREAK THE FAMILY FINANCIAL STRUGGLE I HOPE I BECOME THE ONE ☺️... IN A FEW WEEKS I WAS ABLE TO PAY OFF MY DEBTS THROUGH INVESTING IN CRYPTO TRADING*
*Assets that can make you rich
Crypto
Stocks
Real estate*
it's obvious.
a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to stay poor
The best strategy to use in trading is to trade a professional who understands the market quite well, that way maximum profit is guaranteed. Because I have learned along the way of my investment that research and analysis are important, note that experience is more needed, than luck when it comes to the financial market.
This Bitcoin trading has set sail. I honestly cannot overemphasize how much delving into Bitcoin trading has helped saved and changed the lives of many.
Corporations are seeing record profits yet this is rarely called what it is, price gouging, which exacerbates inflation.
@@ottoscheffler Remember it isn't 80% was printed in the last 2 years they changed the definition of the money supply which included savings accounts, they printed money but not almost doubling the money supply
Most companies aren’t price gouging for no reason both of my parents buy products for companies it’s a lot more expensive to get products than it was a few years ago because of how broken the supply chain is some things are now double or triple the price they were a couple of years ago The company my mom is working for has been trying To get a part to fix their Stone cutting machine for the past three months
name one industry that's "price gouging"? And please don't say gas companies. because they're not.
@@marvthedog1972 You're better than this. A simple google search will disprove your statement, and answer your questions. Try typing "Which companies are making record profits".
I took initiative and re-tooled and re-trained myself from the Food Service Industry to the Financial Industry and took up certifications in Microsoft Office and Bookkeeping.
I have been looking for a job (part time) or full time and 90% of the vacancies say “urgent hiring”, but in truth this Industry still has the old mind set of thinking they have hundreds of applicants to choose from and they will not consider your application unless you take a lengthy 50 question test to see what you know.
I can understand if it’s a 65-80k dollar job where you have the big responsibilities, but I’m applying to entry level positions only and am willing to accept entry level/clerk/kimpossible positions that at best are paying $15-$18 an hour.
It all comes down to the old story of the last 40 years. Most companies do not want to train you , and/or give as little training as possible.
The sign should read
URGENT HIRING, not really.
Well said. Wish you all the best. My prayers 🙏so that you may get a job soon
I've seen the same in other industries and in my own department. It's strange, but sadly looks exactly like all the rest of corporate inefficiency and ineptitude... bleh
Exactly true. Even if there's a job your interested in but no experience you can't even get the job
@@andrewtan2598 It’s a shame that these companies, large or small, want to cheat/steal any penny they can to achieve their bottom line.
All these entry level positions have a responsibility list of a minimum of 20-25 line items.
I will be certifying as a bookkeeper at the end of the week and will need to step out in faith in my search for a job.
The deception is real.
This is the truth. Entry level positions do not exist at most companies. I made a career change last year to accounting and faced the same problem when looking for a job. Everyone's urgently hiring but only for those with experience. Don't get me started on the number of interviews you have to go through only to be told they're going with another (more experienced) candidate.
I like how wsj talks to us like we are dumb , especially since low wage jobs are being filled but that doesn’t keep up to inflation , and they act like “it’s so strange “
I love how they can't sort out the difference between a $60k job and a $35k job.
And it completely ignores massive QEs since August 2019 (yes, before the pandemic) as, at the very least, part of the inflation problem.
Cheers for this
People can't afford to work those 11 million jobs, because they are DEAD END jobs which don't offer security may be zero hour, usually part time low paid making it so you have to rely on welfare whilst remaining flexible for work with no light at end of the tunnel (its not like an apprenticeship, or transferable skills that will improve your life in years to come)
Completely, untrue comment. For the past 10 years there have been nearly 5 million openings for trade jobs -- plumbers, electricians, welders, repair people. Look up this 2018 NPR article -- "High-Paying Trade Jobs Sit Empty, While High School Grads Line Up For University" Trade jobs are not filled because they are not sexy, but they pay well, some into six figures if you are well experienced.
Also, the world does not owe you a living. Too bad that someone is not breaking your door down to offer you a job with great pay, advancement, security and security. I work for myself. Try that and stop complaining.
@@christopherl4249 I agree people should be chasing trades instead of wasting time in uni, as there are only so many high level jobs to go round..
But there a large portion of those jobs are not suitable for trades, also working self employed jobs usually relies on word of mouth, expierence, reputation, and self promotion those barriers make it difficult for new people to enter and stop certain people with certain issues obtaining those jobs in first place (mental health, recovering addicts, criminal records, injury, not to mention ethnicity, race, culture, certification for particular skills(ie an immigrant with unrecognised qualifications) , (wether an mod contract would be offered to a Muslim, with criminal records is questionable (yes I picked an obscure example, but there are lots of real world examples))
There are also people out there from dysfunctional backgrounds who never got the chance to study either way, their are also many other issues stopping people from working like being a non professional carer, disabilitys etc.. Lots of these people néed their meagre wages subsidised just to be able to pay rent or medical costs.
Its easy to condemn these people to begging or euthanasia, but when it's you or a loved one who can no longer provide for the pact are you that cold you wouldn't ask for mercy?
Agree, a common theme for job listings entails a person doing a workload that would have taken several people in the past. Yet, expect one person to fulfill the duty for absolutely nothing. And the reviews for a lot of companies on Indeed have a plethora of negative reviews.
If field pickers can make it, anyone can
@@FreshKicks4545 funny, not very far from were I live people are paid cash in hand for flower picking (people topping up their income(pensioners, students and unemployed ) and a little further still are caravans full of immigrants who come here soley for the seasonal work, but then they go back to a country we're its much cheaper to live, the rents here are more than a worker can earn... So I don't know where or in what time period your talking but locally that ain't realistic especially when the job is seasonal.
When you invent a new type of "employment" like the gig economy, of course unemployment looks low.
Reality is the situation is the same as any other recession.
Even with the current dip in crypto, I still thank you for the level-headed financial advice. I started stock and crypto investment with $4,345 and since following you for few weeks now, I've gotten $18,539 in my portfolio. Thanks so much Mr Dominic Jones.
Mr Dominic Jones changed my life because of the
high profits I got from trading with him
He's all about everything 'bullish' he's one of the best traders out here, never been any lost trades since I started working with him, glad we crossed path.
Please any information on how i can get intouch with Mr Dominic.?
You can communicate
with him on telegam with the user name below
Awesome vid
All the cash reserves is the result of these companies retaining their earnings without giving out increments or bonuses to employees. While the companies always increased prices of their products. They never increased salaries.
The worst part of this current cycle is that some companies did utterly insane things like take out debt. Then pay the debt as dividends or stock buybacks.
100%
And PPP. They got billions in free money.
This is exactly why low corporate taxes are such a bad idea - The golden days that low tax proponents are looking back at forced companies to reinvest profits into the company with capital investment, higher salaries, and better benefits which led to employee retention and increased institutional knowledge and productivity within the company and the nation. Putting the profits back into the company was the norm when I was a child, not short-term profits that were paid out in stocks, and dividends.
@@chatfinance only because american supply chains and manufacturing hubs in china are so messed up rn, while the EU is prepared to spend 3x as much on energy and china refuses to buy australian coal without any suitable replacement, driving up the costs for everyone else.
Okay, the answer is literally the last sentence, - "No recession looked exactly like another, that's why the 2022 recession would be unlike any other".
lol🤣🤣🤣
You're ignoring the previous statements in the video: the previous recessions since WW2 have looked similar and we feel like we could learn from those experiences. But the upcoming recession doesn't match those. The discrepancy in your thinking is in the word "exactly". No two apples look exactly the same, but eating apples prepares you to know what to expect out of the next apple. But what if the next one is a plum instead?
@@googiegress7459 then it's all going to fall into plum crumble
1:34
I disagree with this statement about how ‘high inflation expectations leads to cutting of consumer spending.
Friedman’s analogy of ‘anticipated inflation’ would contradict this point because he believes that if consumers are expecting high inflationary pressure in the future, they will spend now rather than later to ensure they purchase at a lower price. This then leads to greater demand-side inflationary pressure due to the ‘moving forward’ of purchases from the future to the present.
Please can you help me
Thank you for saying something
Those jobs are not real. They are not really hiring. And the jobs that are hiring only pay sufficiently for someone who has no housing or medical costs.
Exactly and thank you!
Why do you think companies are pretending to have jobs open?
@@mateuszbugaj799 Nobody wants to be seen as the company that isn't growing.
You're right about the jobs still barely paying sufficiently. Most job ads are for $15 an hour, and that's across the board from blue collar to white collar. Jobs that require years of school or technical certifications are not paying enough for a person to be self-sufficient.
That's why we have a rise of people living in vans or with mommy/daddy.
Now completely in a deformed society
We’ve been in a recession. It’s like when there’s a buyout of your company and you ask your boss if you’ll still have a job “possibly, yea, I think so” 6months later you’re laid off.
Happens every time.
This hapen to me 1n 2017 I was able to stay with the company 18 more months I ha e had 5 jobs since then am working a 6th one that is qay under paying me .but the work.load is light
Been there done that and it was not fun. Sucker's laid me off..
Not even my job(working in a pharmacy with Unitedhealth group) was recession proof. I along with hundreds of others just got layed off and the funny part is that I’ve seen their quarterly earnings, their profits are in the 5 Billion area. Go figure.
@@cszzz3975 that’s crazy. I’ve been told healthcare, first responders and claims are recession proof bc crime/accidents never stop. You can’t just shut down a hospital and all of those I mentioned end up being a claim somewhere in one way or another.
We need to consider the plus side of Cooperate cash reserve, it substantially reduce the risk of lay-off. When everyone gets, and asks for, said huge bonus proportional to profit margin, they rarely evaluate the downside, which is layoffs when profit margins are in the red nor do most accept a negative bonus.
Many companies could start cutting back on inventory or cancelling new models in order to prevent dropping prices. They would then lay have to lay off workers.
Or they could accept a normal profit margin instead of trying to normalize a record high profit margin at the expense of 90% of the population.
Full time jobs are becoming part time jobs so employers can pay lower salaries and provide fewer benefits, sure lots of new part time jobs are added
Thats a great point.
cant forget they dont like people going into over time
I have experienced this a lot as a young person. Multiple part-time jobs that want you to work at a full-time rate but paying you a fraction of the salary and no benefits. Want time off? Sorry, sucks to be you. Want to be certain you will have a job next month? Sorry, we cannot tell you.
Rents are going up everywhere . Rent prices rose by 0.8% in june from a month earlier, according to the labor department it is the largest monthly gain since 1986
I'm so thankful that my landlords are renting me a place to live in at a reasonable rate . Inflation is uncomfortable but i'm thankful that my job pays for my life
How can the typical family with average income afford a higher rate+ more expensive home? in my area multi generational home is becoming the norm . Don’t forget to add the inflation which just this week was 9.1 on the CPI , producers index 11.3, it’s going to be a rough ride for sure
@@lisaollie4594 Time will tell how this period will treat people that never save, invest, lived beyond means, paycheck to paycheck, too many kids, too big of home, keeping up with the joneses with FOMO,YOLO, paying alimone, child support, etc….
@Trevor Ogden
Once Klaus Schwab brings the Digital currency (which is soon)
money will be worthless, along with gold and silver.
WEF is also bringing in.
Universal Basic Income.
the way they measure rents increasing is faulty, the true number is much higher
Love this!
Am homeless right now ,lost my job this morning. I feel the walls closing in
When the media is telling you not to be worried, you should be worried. "Inflation is transitory..."
To put your mind at ease, inflation has always been transitory. One could be concerned about the amount of time the transition will take and the turmoil that the current economic mismatch could cause. Read the comments how people think about inequality. It's a writing on the wall.
@@ZWD2011 The MSM and government said "inflation is transitory", the were saying inflation would only last a few months.
This reccesion people felt it coming when inflation hit the pockets. Having 2 or 3 jobs just to survive is a recession
The question isn't whether we're in a recession, it's how long will it last.
According to the St Louis Fed website, there are 11M unfilled jobs in the last quarter. that sounds like a lot. Where can we have a breakdown of what kind of jobs these are and what are the median expected pay for these positions so desperately needed to be filled?
Bingo bc it’s largely fast food etc lol
it is not a recession - it is big companies making big profits and using the current crisis to deny employee's extra wages. Bonuses for bosses are up 150%
A debt based financial system is not sustainable.
It's like the Lehman crisis
debt creates leverage though
*WSJ potentials seems limitless on the economy*
When it comes to investing, what’s your say to anyone with over *100K $* looking for the best ways to invest it and as well make good earnings off it?
That’s a great question. There’s no shortcut to getting rich, but there are smart ways to go about it.
I engage in different kinds of prolific investments through compound interest and leveraging and as well operating with an lnvestment ProfessionaI, so far I've attained great returns of investment.
Interesting, I’ve always been fascinated with investing and I need to start now. Could you possibly give more information about the lnvestment Professional and how I can approach
Interesting, I’ve always been fascinated with investing and I need to start now. Could you possibly give more information about the lnvestment Professional and how I can approach
Great! Got it.
Amazon's requests to customers who bought stuff but want it changed/replaced is "please don't return the stuff you bought. We'll refund you the money anyway." My guess is that the inventory levels are at an all time high and when demand contracts, all that unsold inventory will pull down many small and medium firms. Maybe then we will have more people than positions to fill them. Not before.
0:08 If you look at every recession you will see 2 things always happen. GDP goes down and unemployment goes up.
4:56 No recession has ever looked exactly like another.
Bit of contradictory here.
There's no such thing as unfilled jobs. Offer the right salary and you won't have this problem. You'll be too busy selecting the best candidate. It's simple supply and demand. People are going to apply to those offering the highest salary.
@Music Account Did you not watch the video? Unemployment has steadily declined.
#Economics is made up theories not #STEM. #keynes #hayek #marx #CPI #GDP on and on calculations are all made up to keep people busy in the day to day rat race. US Government is accountable to #Capitalist #Globalist for #profit and #profit only .
there could be.. Some employer's put requirements for the job that just can't be met.
This is so the employer can sponsor H-1B visa to get overseas labor a lot cheaper to come in. This mostly applies to technical jobs, in whatever field.
Some jobs, even fast food jobs now, pay okay but always seem to be hiring. One of my jobs is Doordash and it often pays about 20/hr minus gas during busy times but they always seem to be busy. Another problem is jobs that pay well but take their sweet time finding the "right person" which is usually on the company.
@@danpham333 Unemployment doesn’t count about 46% of the population. Only about 50% of the population pays income tax. You are not counted as “unemployed” if you stop
looking for work after 6 months. The numbers are NOT accurate
You need to look at labor participation rate: 62.2%
Love this
Things are honestly getting out of hand.
To anybody reading this, I pray that whatever is hurting you or whatever you are constantly stressing about gets better. May the dark thoughts, the overthinking, and the doubt exit your mind may clarity replace confusion. And may peace and calmness fill your life. ❤️
Thank you. TH-cam needs more comments like this.