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.
@@aigajenkinson2495 Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k
@@anthonymilner1088 Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
David I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
@Antonio Alejandro Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name Autumn Lynzi Smith and everything changed. In in the first quarter of this year i made $370k and counting.
This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.
Professionals are currently crushing it because they have both the necessary approach to profit in this market as well as access to insider market knowledge that is not made public.
Keep this in the back of your mind. There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do as well. This can be accomplished by hiring a knowledgeable specialist whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.
The fin-Markets have underperformed the U.S. economy as fear of inflation hammers the prices of stocks and bonds. My $400,000 portfolio is down by approximately 25%, any recommendations to scale up my returns before will be highly appreciated.
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.
@@cloudyblaze7916 Very true , I diversified my $250K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $450k in net profit across high dividend yield stocks, ETF and bonds in few months.
@@kaylawood9053 How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Finally you are bringing up partners for serious discussion again, not clowns showing you the colour of their socks by climbing on the table. Carry on like this, thank you.
I’m confident the current market has an equal possibility of making high-value gains or losses, so I'm cautious with my selections; I recently read an article about someone that accrued over $250k in this current market crash, and I could really need ideas on how to achieve similar profits.
@@lauraclover1547 Having an investment adviser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
@@purplebliss6875 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
@@lindamattalom I just looked up Deanna online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled an appointment
Perfect rational analysis by David! How can a market correct, bottom, and go into recovery when it has not even gone though the Bear cycle? Not one piece of data supports a Bull market, what are we recovering from...a hangover? It delusional thinking that is hard wired into investors (gamblers), who have had nothing but a Fed supported environment for the last decade. It's going to take quite a beating to get these fools to capitulate, however, they will...the market is a great teacher of hard lessons.
David I've been an admirer of yours for 15 years. And Oddball anecdotal notes on the consumer's weakness can be found in my doordash business I deliver approximately 200 deliveries a week on a consistent basis and what I've noticed over the last five weeks is a dramatic decline in the size of orders and the amounts of tips my gross revenues have declined by 20 to 25% off of my 1-year average weekly Revenue. People are running out of money. Doug W Asbury Park New Jersey
From high to low its 40% minimum. Can be 60% depending on the overall health. High rates till something breaks, no such thing as a soft landing. End of 2023 to end 1st qtr before bottom.
The next earnings will snap the market. Companies have been able to offset higher costs by raising prices, and shrinking packaging, volumes. That works when you still have demand. Now that we have real demand destruction, that game is over and all you have left is cost cutting against bloated inventories. So, prices are falling, demand is falling, top line is falling, wages are not falling. What do you do, you lay-off people to try to rescue bottom line for the future quarters. By summer 2024, we should see a bottom in the markets, that is the real opportunity if you did not lose everything chasing these ridiculous rallies....
The reason people get confused on " inflation" is they are loose with the words use. There is monetary inflation. Increase the money supply without increasing goods and no surprise prices go up accordingly. So for example cpi follows m2 increases with about a 6 to 9 month lag. Then there is seperate supply demand. Changing supply demand balance one can increase prices and because the symptoms are the same some people call this inflation. Same symptoms, different cause. Both are pretty simple. Politicians like to blame monetary inflation on supply demand or anything else they can find like greedy companies. The real reason was they printed money to make themselves popular with the electorate.
"I have known no wise person who doesn't read all the time -- none, zero." -Charlie Munger. This quote applies no other than David. Thank you for your insights.
If I read you rightly, you say that inflation is a complex phenomenon because it's driven by both supply and demand. I would agree, but would add that it's actually dependent on four, not two, factors. Those four include the supply and demand states of the chosen basket of goods, and the supply and demand states of the pricing currency. Any one of these four can have a crucial impact. I don't notice these four being discussed holistically in commentaries.
Take a look at what caused the recessions in the last 70 years. Usually it’s deficit spending on a war. This time, not only are we coming off a period of 20 years of QE and deficit spending, but then we had the pandemic and more money pumped directly into the economy in the form of Stimulus and Unemployment payments. Why in the world nobody’s talking about the affects of this, is beyond me.
Kind of assumes that the FED will neatly unwind the excesses and do the right thing and bring inflation under control. Best performing market world wide in usd terms was the Turkish stock market. We are all Turkey now
Wait a minute! How will inflation go down in deflation when we still have supply shortages. As well as all monies are being spent on the essentials? Did the Mariners control but the shortages seem to continue due to China reducing its capacity to manufacture.
when he says, treasury yeilds need to come down, what metric is he talking about... 30yr bonds(TLT) ? or 10 year bonds (IEF)? Or are yields different then what I'm looking at... maybe those are actual prices.. ugh.... trying to learn macro basics here [for free]
We have been in a class war for my entire adult life, and the Fed has been providing endless ammo to my enemies. I've been patient for a long time, but I no longer believe that my patience will be rewarded. I think I'll be lucky if they don't steal all my savings. There are no safe assets in this environment.
Yes. The more power we hand over to the fed and our government, the worse off we will be. They have NOT created a system which helps the lower and middle class, and never will.
Question will the default cycle an economic contraction be exacerbated by the excessive federal debt level will that alter or mutate the shape of the sine waves?
Wages, social security and many pensions jump by 7%+ on Jan 1 due to COLA's and wage hikes. Economy will be stronger than expected at least for the first half of the year.
30:00 mins: Where did the government say there's no support setup if a deep trouble hits the economy? What did you learn from UK gilts' trouble? I think the answer is in the second question 🤷🏽♂️ Don't forget the US pension fund bailout!🤷🏽♂️
8:20 Stock market has nothing to do with finance or economics. Free market capitalism is dead in the US, we have a Soviet style economy run by the Soviet Fed.
I've been long 2 X's this year MAY-JULY. and October-November--- Took my signals from Combination of Larry Williams ( seasonality + sentiment) , and Erik Hadik Technicals and Cycles... Alf has been helpful....on my shorts + ITR ECONOMICS ( Big picture 2 years out) and a few reports from Money 💰 Mgrs.... Still like Disruptive Biotech Long term- PRCT and AXSM
Interesting discussion BUT there was no discussion on Money going forward. Money is the grease that allows the machinery of economies to operate. The past overgreasing via money expansion no longer is on the cogs, but elsewhere, swimming around the machine - but not on the cogs. New money has to be inserted, but it is not being inserted right now at the proper amount, because of tightening. “Oops! We put too much grease in last year. Let’s not put any in for a year or so” Absurd! According to Professor Hanke this new money needed to grease the cogs is between 4-6% annually. Since the FED doesn’t consider money in its theories, they’re flying blind. And as Milton Friedman said: Inflation is always a monetary event. Our Inflation was too much money chasing supplies. Of course prices went up! But to not supply the right amount of new money going forward, in an absurd attempt to remove that overgreasing in the past, will only hurt the economic machine going forward. Over greasing/ under greasing is a great way to break something. Congratulations Powell! You’re well on the way to unnecessarily break the economy.
It dosent realy matter how many times things worked the same way in the past!There is no garantie it works out the same again!So the stockmarket dosent have to crash to hurt!A long 10 year long sideway will do the job to!
As a beginner investor, it's essential for you to have a mentor to keep you accountable 🤷. Myself I'm guided by Mrs Arianna Simpson, a widely known crypto consultant 💪
@@Rick.4890 Wow!! Kind of in shock, you mentioned Mrs. Arianna. She has proved beyond all doubt that it's worth generating wealth from crypto investment. I've been earning greatly
No doubts! The strategies and Al auto trading tools she provides for beginners are very helpful, being part of her vip signal channel has really helped me as a stock holder
I'm Chinese, and let me tell you. China is not going to replace USD with their currency. The USD will eventually fall like all empires, but not right now, but in another long time.
chatGPT summary: "In this dialogue, Dave Rosenberg discusses his thoughts on the current state of the stock market. He believes that the recent bear market rally is just one in a series of bear market rallies that have occurred this year and that the market has not yet hit bottom. Rosenberg points to the inverted yield curve and the Fed's tightening cycle as potential indicators of further market decline. He advises patience and discipline for investors, and warns against chasing these interim rallies unless you are a skilled trader."
David is good, but I can only listen so far. One, he doesn’t speak to the root of the problem… 40yrs of rate suppression. And second, his talk about deflation… the money that has been printed is enormous and there’s no room for deflation. Better he should speak to discretionary VS non-discretionary. Then he’d be telling us something
Housing prices up 30% is not a bubble. Bubble is an over used term to describe anything with a price gain. Real bubbles are assets that appreciate 300% to 3,000%.
1:02:00 of course you have a positive view. You're a preacher of crypto who can't address any legit concern like the ones he presented.... Worst part about all you newbies to crypto is, you have zero context of just how many people knowingly pumped this at the beginning, knowing it had zero value.... This was always, since I bought my 7950 to mine, just a way to trick people into paying for our pc hardware...
Inflation is going to be at target (or close to 2%) in a year? And Janet Yellen says so too?? haha Since when has she ever been right about anything. Nice interview but David is smoking something.
@@devalue7064 What Rosenberg stated is the obvious, why waste our time listening to his pablum...He pounded the drum for deflation presto inflation persisted...He's been wrong so DUH DUH DUH deserved ...Take care
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.
@@aigajenkinson2495 Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k
@@anthonymilner1088 Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.
@Alice woodward I didn’t catch the name of the advisor you found. Can you share?
David I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
@Antonio Alejandro Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name Autumn Lynzi Smith and everything changed. In in the first quarter of this year i made $370k and counting.
@shane heried Shane Use your browser to search for the name to see her websit
This recession is most likely the result of an external factor. For the first time in decades, the United States is losing its clout as a federal reserve currency. They don't have any more economies to use to control inflation, and less money is being spent on stock and oil trading than in the past. They all lend support to the idea that a new multilateral world order is in the works.
Professionals are currently crushing it because they have both the necessary approach to profit in this market as well as access to insider market knowledge that is not made public.
Keep this in the back of your mind. There are good days and bad days. It's a zero-sum game, but keep this advice in mind: spend wisely, invest wisely, and diversify your holdings so that when one performs poorly, the others do as well. This can be accomplished by hiring a knowledgeable specialist whose platform provides a wide range of investment options. By doing so, you leave little room for regrets and may even gain more.
The fin-Markets have underperformed the U.S. economy as fear of inflation hammers the prices of stocks and bonds. My $400,000 portfolio is down by approximately 25%, any recommendations to scale up my returns before will be highly appreciated.
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.
@@cloudyblaze7916 Very true , I diversified my $250K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $450k in net profit across high dividend yield stocks, ETF and bonds in few months.
@@kaylawood9053 How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
@@albacus2400BC Well, credits to Sharon Louise Count, one of the best portfolio manager's out there. she's well known, you should look her up
David is true OG, really appreciate all his comments. His reports are great! Thank you for a great interview.
I watched thousands of hours of podcasts this year, and I think that David Rosenberg is one of the best analysts I ever listened to.
Excellent content guys! Thanks for doing this - an hour well spent!!
Finally you are bringing up partners for serious discussion again, not clowns showing you the colour of their socks by climbing on the table. Carry on like this, thank you.
Yeah, the BTC guy is a talking clown
Very harsh!
It's not the content that changed, it's you. You could have went anywhere for that type of education...
@@michaeloconnor6683 bet money in that? Anyone going against block chain long term is the clown.
I've only recently found this channel, which interview was that?
Best interview I’ve seen this year! David Rosenberg is brilliant!
I’m confident the current market has an equal possibility of making high-value gains or losses, so I'm cautious with my selections; I recently read an article about someone that accrued over $250k in this current market crash, and I could really need ideas on how to achieve similar profits.
sure there are loads of ways to make a killing right now, but such high-volume near impeccable tradess can only be carried out by real-time experts.
@@lauraclover1547 Having an investment adviser is the best way to go about the market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I nettd over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
@@purplebliss6875 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
@@Bobhenry-c7z My advisor is "Deanna Lynn Renfro" You can easily look her up, she has years of financial market experience.
@@lindamattalom I just looked up Deanna
online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled an appointment
Wow. What an absolutely brilliant man and interview. Thanks you so much Mr Rosenberg for sharing your expertise and time with us !!!
This is the man (David Rosenberg) I was hoping to find, for months. 🥇🏆
I have to se this video twice!
Perfect rational analysis by David! How can a market correct, bottom, and go into recovery when it has not even gone though the Bear cycle? Not one piece of data supports a Bull market, what are we recovering from...a hangover? It delusional thinking that is hard wired into investors (gamblers), who have had nothing but a Fed supported environment for the last decade. It's going to take quite a beating to get these fools to capitulate, however, they will...the market is a great teacher of hard lessons.
What data you looking at? CPI, GDP, fed. Rate, emoloyment? Which 1 of those do you trust?
@@Theo-dj7vs Your point?
David I've been an admirer of yours for 15 years. And Oddball anecdotal notes on the consumer's weakness can be found in my doordash business I deliver approximately 200 deliveries a week on a consistent basis and what I've noticed over the last five weeks is a dramatic decline in the size of orders and the amounts of tips my gross revenues have declined by 20 to 25% off of my 1-year average weekly Revenue. People are running out of money. Doug W Asbury Park New Jersey
Excellent, informative, and actionable interview. Thank you, David for Forewarning Us, so we can Fore-Arm for what lies ahead!
Absolutely awesome interview guys, great information, and all the topics dovetailed into each other. Keep up the great work
V for very very…. Great Podcast! Thanks for bringing the beef😮
Slight correction. Einstein actually said the power of “Compound’ interest is the eighth wonder of the world.
From high to low its 40% minimum. Can be 60% depending on the overall health. High rates till something breaks, no such thing as a soft landing. End of 2023 to end 1st qtr before bottom.
The next earnings will snap the market. Companies have been able to offset higher costs by raising prices, and shrinking packaging, volumes. That works when you still have demand. Now that we have real demand destruction, that game is over and all you have left is cost cutting against bloated inventories. So, prices are falling, demand is falling, top line is falling, wages are not falling. What do you do, you lay-off people to try to rescue bottom line for the future quarters. By summer 2024, we should see a bottom in the markets, that is the real opportunity if you did not lose everything chasing these ridiculous rallies....
Spot. On.
The reason people get confused on " inflation" is they are loose with the words use. There is monetary inflation. Increase the money supply without increasing goods and no surprise prices go up accordingly. So for example cpi follows m2 increases with about a 6 to 9 month lag. Then there is seperate supply demand. Changing supply demand balance one can increase prices and because the symptoms are the same some people call this inflation. Same symptoms, different cause. Both are pretty simple. Politicians like to blame monetary inflation on supply demand or anything else they can find like greedy companies. The real reason was they printed money to make themselves popular with the electorate.
Yeah, but no.
Politicians don't print money.
"I have known no wise person who doesn't read all the time -- none, zero." -Charlie Munger. This quote applies no other than David. Thank you for your insights.
If I read you rightly, you say that inflation is a complex phenomenon because it's driven by both supply and demand. I would agree, but would add that it's actually dependent on four, not two, factors. Those four include the supply and demand states of the chosen basket of goods, and the supply and demand states of the pricing currency. Any one of these four can have a crucial impact. I don't notice these four being discussed holistically in commentaries.
I was at the Library today and borrowed the book “ Manias, panics and crashes by Charles P. Kindleberger”.
Thanks for recommendation !
This one was a goody. Really enjoyed it! Thanks to both for their time. Plenty of great info in this interview.
Power of compounding is the 8th wonder of the world...great interview
Very helpful overview with elegant principles of analysis.
So Solid. Excellent work Blockworks.
Double single malt? Ok, now I know I can trust this guy 🥃
Love Rosie’s gentle trashing of crapto! 😜👍
Take a look at what caused the recessions in the last 70 years. Usually it’s deficit spending on a war. This time, not only are we coming off a period of 20 years of QE and deficit spending, but then we had the pandemic and more money pumped directly into the economy in the form of Stimulus and Unemployment payments. Why in the world nobody’s talking about the affects of this, is beyond me.
Thank you, what a brilliant interview
David has accurately predicted each and every one of the 26 recessions since 2002…!! Going back all the way to his Merrill days! 😜
Kind of assumes that the FED will neatly unwind the excesses and do the right thing and bring inflation under control. Best performing market world wide in usd terms was the Turkish stock market. We are all Turkey now
Wait a minute! How will inflation go down in deflation when we still have supply shortages. As well as all monies are being spent on the essentials? Did the Mariners control but the shortages seem to continue due to China reducing its capacity to manufacture.
More importantly, the wage rises that have already occurred.
when he says, treasury yeilds need to come down, what metric is he talking about... 30yr bonds(TLT) ? or 10 year bonds (IEF)?
Or are yields different then what I'm looking at... maybe those are actual prices.. ugh.... trying to learn macro basics here [for free]
Still watching Frank G Melbourne Australia 🇦🇺 ❤️
Fabulous. I love crypto AND I love what he has to say. Great interview!
Well, that didn’t work out.
Great guest and interview...thank you!
We have been in a class war for my entire adult life, and the Fed has been providing endless ammo to my enemies. I've been patient for a long time, but I no longer believe that my patience will be rewarded. I think I'll be lucky if they don't steal all my savings. There are no safe assets in this environment.
Yes. The more power we hand over to the fed and our government, the worse off we will be. They have NOT created a system which helps the lower and middle class, and never will.
50% short term t-bills, 40% gold, 10% silver.
You seem quite the unreasonable extremist.
Question will the default cycle an economic contraction be exacerbated by the excessive federal debt level will that alter or mutate the shape of the sine waves?
?
Wages, social security and many pensions jump by 7%+ on Jan 1 due to COLA's and wage hikes. Economy will be stronger than expected at least for the first half of the year.
Nope.
30:00 mins: Where did the government say there's no support setup if a deep trouble hits the economy? What did you learn from UK gilts' trouble? I think the answer is in the second question 🤷🏽♂️ Don't forget the US pension fund bailout!🤷🏽♂️
love it! "where's the beef?"
8:20 Stock market has nothing to do with finance or economics. Free market capitalism is dead in the US, we have a Soviet style economy run by the Soviet Fed.
I've been long 2 X's this year MAY-JULY. and October-November---
Took my signals from Combination of Larry Williams ( seasonality + sentiment) , and Erik Hadik Technicals and Cycles...
Alf has been helpful....on my shorts +
ITR ECONOMICS ( Big picture 2 years out) and a few reports from Money 💰 Mgrs....
Still like Disruptive Biotech Long term- PRCT and AXSM
Default rates are low. Stayed low for longer than I thought they’d survive. Excess saving and credt card spending must be done
Fascinating. Thank you gentlemen
The first asset to enter a bear market during a downturn these days is Bitcoin....
Yes, and as Weston Nakamura and Darius Dale say, you have to keep BTC in mind when assessing the current macro environment.
David is awesome!
The budget extended for a week. It will be a gigantic load of more debt, it will pass. Once more a push to deal with it later.
It isn’t that crazy. Based on my quantitive observation, so far, The FED is doing the 1970’s inflation in reverse.
Interesting discussion BUT there was no discussion on Money going forward.
Money is the grease that allows the machinery of economies to operate.
The past overgreasing via money expansion no longer is on the cogs, but elsewhere, swimming around the machine - but not on the cogs.
New money has to be inserted, but it is not being inserted right now at the proper amount, because of tightening.
“Oops! We put too much grease in last year. Let’s not put any in for a year or so”
Absurd!
According to Professor Hanke this new money needed to grease the cogs is between 4-6% annually. Since the FED doesn’t consider money in its theories, they’re flying blind. And as Milton Friedman said: Inflation is always a monetary event.
Our Inflation was too much money chasing supplies. Of course prices went up! But to not supply the right amount of new money going forward, in an absurd attempt to remove that overgreasing in the past, will only hurt the economic machine going forward.
Over greasing/ under greasing is a great way to break something. Congratulations Powell! You’re well on the way to unnecessarily break the economy.
Correct, but also wrong.
Try putting too much oil into your cars engine.
See what happens.
Surely the optimum solution would be to redistribute the grease already in the machine back onto the cogs?
It dosent realy matter how many times things worked the same way in the past!There is no garantie it works out the same again!So the stockmarket dosent have to crash to hurt!A long 10 year long sideway will do the job to!
Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $22,000 every single week.
As a beginner investor, it's essential for you to have a mentor to keep you accountable 🤷. Myself I'm guided by Mrs Arianna Simpson, a widely known crypto consultant 💪
@@Rick.4890 Wow!! Kind of in shock, you mentioned Mrs. Arianna. She has proved beyond all doubt that it's worth generating wealth from crypto investment. I've been earning greatly
I'm also a new subscriber of Mrs Arianna Simpson coaching program and I'm so excited took a positive turn by earning over $10k biweekly
No doubts! The strategies and Al auto trading tools she provides for beginners are very helpful, being part of her vip signal channel has really helped me as a stock holder
I've really heard a lot about Mrs Arianna Simpson! How do i connect with her?
I'm Chinese, and let me tell you. China is not going to replace USD with their currency.
The USD will eventually fall like all empires, but not right now, but in another long time.
Last segment. "people don't learn from history." perfect for a crypto channel
wow what a great interview
💚💛❤️💙 this guy is gonna get it wrong . Hes bearish with the street . Bull trap gonna come 2023.
chatGPT summary:
"In this dialogue, Dave Rosenberg discusses his thoughts on the current state of the stock market. He believes that the recent bear market rally is just one in a series of bear market rallies that have occurred this year and that the market has not yet hit bottom. Rosenberg points to the inverted yield curve and the Fed's tightening cycle as potential indicators of further market decline. He advises patience and discipline for investors, and warns against chasing these interim rallies unless you are a skilled trader."
David is good, but I can only listen so far. One, he doesn’t speak to the root of the problem… 40yrs of rate suppression. And second, his talk about deflation… the money that has been printed is enormous and there’s no room for deflation. Better he should speak to discretionary VS non-discretionary. Then he’d be telling us something
I don't find value from someone who's always bearish and always thinks bonds are going to go up
Why?
Deflation?
Don't think so mate. They've already handed out the pay rises.
Has David Rosenberg ever been bullish ever? I think every time I see him he claims there is an imminent recession.
Does this guy you interviewed work in a book store?
Everyone without a house is cheering for housing bubble popping.
Housing prices up 30% is not a bubble. Bubble is an over used term to describe anything with a price gain. Real bubbles are assets that appreciate 300% to 3,000%.
False. There is no canon on what value constitutes a bubble.
It’s not about the high it’s the rate of change .
30% house increase in 1 year is a bubble .
1000% increase on 30 years isn’t .
1:02:00 of course you have a positive view. You're a preacher of crypto who can't address any legit concern like the ones he presented.... Worst part about all you newbies to crypto is, you have zero context of just how many people knowingly pumped this at the beginning, knowing it had zero value.... This was always, since I bought my 7950 to mine, just a way to trick people into paying for our pc hardware...
Pension funds are breaking 🤣🤣 12:48mark
Insurance should be breaking soon or vehicle Repos are starting soon too 🤦🏽♂️
Smart on you for not focusing on crypto, because you'd be completely done...
Crypto currency has a negative value. Like a million dollar cruise missile that u then blow up and have nothing
❤
This man has been wrong about inflation and the Fed for this entire year.
How's that?
Interest rate is below real inflation rate is why inflation is sticky.
Inflation is going to be at target (or close to 2%) in a year? And Janet Yellen says so too?? haha Since when has she ever been right about anything. Nice interview but David is smoking something.
Is this bottom yet? Is this bottom yet? -- that's all I hear from investors. I can only advice, leave the bottom peeking to the proctologists.
Wait, that is the guy who is always wrong?
Dave im a fan but when you say the US is a good look term investment because of political stability you get ab F
Roflmao
Making the crypto bros upset with logic lol.
I don't understand how these crypto people look at crypto as anything other than a short term trading vehicle, they think it's an investment.
This guy got scared of being a bear so he doesn't speak anymore
Turn around at next election administration.
Wise on economy, ignorant on crypto. Fact he is confused it’s a “currency” means he’s a clueless NO coiner 😂
First 😎
I'm new to trading. How can I make more profitable investment in the market now, without incurring much losses?
Recession doesn't mean we haven't hit the lows. Everyone is pricing in a recession already.
Earnings havent
False.
'Everyone' is not already pricing in a recession.
Greg Marrarino= DUH DUH DUH
@@devalue7064 What Rosenberg stated is the obvious, why waste our time listening to his pablum...He pounded the drum for deflation presto inflation persisted...He's been wrong so DUH DUH DUH deserved ...Take care
Did his indicator get him out in time?