Unemployment is an odd concept in an economy where for so many folks it’s necessary to work multiple jobs just to get by. Loose one and you’re counted as employed but suddenly don’t have enough money to live.
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Finding financial advisors like Lisa Grace Myer who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Have you noticed that ever since employers stopped putting employment adverts in newspapers, companies stopped responding when your resume was received? At one time, the company or employer sent out a letter thanking you for applying. But the internet has made things very impersonal and even rude.
Many people are increasingly struggling to secure a comfortable retirement. Low-paying jobs, rising inflation, and soaring rents make it difficult to save. On top of that, middle-class Americans are finding it harder than ever to afford a home, leaving them without a stable place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to
Melissa Terri Swayne is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
I’ve been stuck at a job that I completely hate but I’ve learned to filter out the bs and just do my work and be fake. It’s horrible but I put on a custom and mask every time I clock in until I leave. It’s a huge relief when I leave.
The fake bs is the worst... a hiring manager calls me while I'm driving, I said " I'm doing 75. Can you make it quick ". Later she complained about it not being " a good call " . She can take her job and shove it .
There's job ads. I apply to everything. Most companies don't even respond. You just never even hear from them again. Sometimes i'm not convinced the job ads are even real
Because they're fake job postings. They are only posted to look like the company is doing well and to harvest your personal information so it can be sold.
Let me give you a hint. Look carefully at what is being advertised. If you don't list that you have experience for an item listed the HR department will flush your application as not being qualified. If you list more experience and qualifications than what is listed, you are considered overqualified, and your application is flushed. List only your qualifications for what is being advertised. If you don't hear anything, call and ask if they are still evaluating applications for the position. Sometimes this will get you an interview. To provide an analogy. they are advertising for 70 watt lightbulbs. If you are a 65 watt or 75 watt lightbulb they won't consider you. Also, why do you think it is now called the Human Resources Department? hth
@@paulkurilecz4209 that is the most ridiculous hiring practice I've ever heard. Do you work in HR? So you're telling me, if a person doesn't have every item an employer listed on their job posting, they are considered unqualified? These companies get what they deserve with their DEI HR departments. No wonder companies, like Intel are failing. Also, the person they want with EVERY qualification doesn't exist. If they match a job posting 100%, they're lying. But hey, we live in the "fake it until you make it" social media world so I am sure people lie.
I can't even get a job at Walmart nor McDonalds . I applied most places that are minimum wage and would get one or two interviews but no hiring .. Sometimes I think being an ant is better than being a human . At least being an ant, you automatically have a role which is to work and serve your queen without any threat of poverty and eviction .
tents and homeless people everywhere you look, that must tell you something about the job market, I go by what I see with my own eyes and not what some expert on a news program tells me.
Tried to give some money to one girl who had a homeless sign and didnt even say thank you are nothing just grabbed and walked off. A lot of people pretending to get addiction money
I went home tonight to find my tarp tent all ripped up. It's -10C outside tonight.😊 it cost me an entire hour to straighten everything up. I have new tarps hidden...
All these issues stem from an economy grappling with uncertainties, including housing problems, foreclosures, global fluctuations, and the aftermath of the pandemic, leading to instability. Rising inflation, sluggish growth, and trade disruptions demand urgent attention from all sectors to restore stability and stimulate growth.
In retirement, safeguarding your wealth against inflation is essential. Consider options like TIPS (Treasury Inflation-Protected Securities), commodities, or foreign currencies to hedge against a weakening dollar. Diversifying your portfolio with global real estate, international bonds, or high-quality foreign stocks can provide additional protection and growth opportunities in an inflationary environment.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Jennafer Beaver Turner for about five years now, and her performance has been consistently impressive. She's quite known in her field, look-her up.
I just copied and pasted Jennafer’s whole name into my browser, and her website appeared right away. You've saved me several hours of arduous research, therefore I appreciate it.
I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but l'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Retiring comfortably in the US these days is almost impossible.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
I’m planning on moving to Thailand in the next 5 years if trump’s government doesn’t do anything with the high prices of groceries and taxes What about you??
Retired at age 53, I am in my early 60s. Because they couldn't understand the idea of not working if you don't have to, many individuals resisted me. I viewed my life in phases. In my latter years, I owe it to myself to "stop and smell the roses," even if I have worked hard to get everything I have now. My situation is that I retired and moved to Latin America. It made it possible for me to enjoy my new surroundings while escaping all the bad things that were going on in America. None of the people I've met regret retiring.
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
I've stuck with SHARON ANN MENY since the pandemic, and her performance has been consistently impressive. She’s quite known in her field with over two decades of experience, simply look her up.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
i cannot get a job to save myself. I applied to about anything I'm qualified and even things that would be a stretch i have a communications degree and even safeway isn't hiring. going to the USA jobs office tomorrow with resume hopefully they have less. FYI the minimum wage is 17.5 and I'm applying to min wage but hoping to interview for 19/hr
@@ClaymorePT No it isn't. You have not been watching real inflation. All the people supposedly "earning" those salaries and much more are not producing real value. When you consider half the actual "real" salaries that dont reach minimum wage are half public sector, half roundabout funded by public sector, you realize $17 an hour is low. Because your actual purchasing power is dogwater compared to what you could buy 50 years ago on the same minimum wage value. Society is supposed to improve. We have specialized rolls, get education, follow laws and avoid jail, all because of the belief that tomorrow the world will be better. You people are literally unravelling society as you turn average workers into homeless serfs, alongside the bleeding hearts giving everyone but native born children a job. Together you are literally killing the economy and I mean DEATH like planes falling out of the sky and entire cities burning down.
@@gezenews noticing this is described as "right wing". In the UK, unless you live with your parents, working is the poverty option for gen z. Hardly pays rent + food. Throw in transport and welfare is far more lucrative. We have broken everything. Arrived on a boat though... Free hotel food, allowance. It's clownworld, at least the film idiocracy had solutions by simply applying common sense. Here, the elites don't care because they have a god complex.
@@gezenews to be honest, it’s not the bleeding hearts that support the H1B Visa scheme - it’s the same billionaires paying minimum wage and trying to exploit workers, not the liberals, who at most support an immigration policy which is friendly to asylum seekers - people who are not usually seen as the highest skilled workers and probably not guaranteed a job.
I miraculously got a job in November. I was checking recently how the job market looks now. Man, 80% of the positions I previously applied for aren’t available across the area and good luck even being responded to. I’m a universal banker with no banking experience. Companies dont want to train new hires. They need to be beyond desperate to do so
There's a recession or depression taking place, and the good jobs are reserved for relatives and cronies of those high up the ladder... However, the low-paying jobs that nobody wants, such as flipping burgers, folding shirts in a stock room, or scrubbing out toilets - are plentiful...
It's true, as Mark Twain said, that there are three kinds of lies, but those lies all come up short when they have to face the one kind of reality and that's the one that Jeff has so deftly unveiled.
@@parofficemost large corps have hiring policies in place that require they look for candidates outside the company before hiring internally (promotions or lateral moves). Hence why a job opening is listed publically for a few weeks before denying all external applicants and promoting an existing employee to the position.
Just had an interview last Thursday and got excited. 6 months of searching and I nailed this interview. At the end of the interview I was told I’d be receiving a call Monday to meet the team I’ll be working with and discuss the offer. Well it’s now Thursday of the next week and after reaching out twice they’ve cut off all communication….so frustrating
Look if you really need to find a job there's something out there you can find it might not be in your field it might not be in your salary range but there is a job out there that you can get so don't say that there's absolutely nothing out there because there is it's just not what you want
There are a lot of unemployed tech workers who won't show up in the unemployment count. You know why? Because companies are paying them severance contingent on them signing a contract that they can't collect unemployment.
The unemployment rate is not determined by the number of people collecting unemployment benefits. It’s determined by CPS, which is honestly a big old joke when you understand how it’s supposed to work. The government supposedly calls some people and asks them what they’re up to, employment wise. I would not be surprised at all if that’s become a “let’s not do it and say we did” type of situation. It’s quite sad how most people have such blind tries in government. They can tell us anything and a large majority accept it.
Does "job openings" include all of those fake job ads that companies are posting? I heard that a lot of the ads on sites like indeed and linkedin are not actually jobs, but companies trying to look like they're hiring, and/or just collecting resumes?
On top of that "ghost jobs" and someone pushing very hard automatisation and robotisation...... skyrocketing rent and prices, and at the same time someone wanna replace workforce with robots, while already hard to find job, make it worse.... Insane!.........
I was terminated from my (remote) tech role on the exact month of Jeff's label, "unemployment rate starts rising" at minute 5:45. Crazy how things aren't coincidence!!
This is my second video of yours and so far i find it very informative! Thank you! One thing i worry about by these "professional" economists is whether they really understandstand market behaviors. You mentioned Yellen had a ticker on job openings, but i wonder if those were true openings, or "ghost jobs". When Mnuchin was talking to business leaders and asked for a show of hands who was going to hire more with their new tax breaks, no one raised their hand and he was confused. These professionals are relying on data to infor their decisions instead of the behaviors that created that data. Tax breaks dont hire people and job openings does not mean intent to fill. Im so mad that Powell's entire idea on how to fix the economy was "people want too much and so we have to freeze that demand by raising interest rates. Only then will prices come down." No, buddy, we have to unleash supply.
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
Appreciat the analysis. Why were employment concerns not in the fed's notes today? They did not mention employment concerns. I have difficulty reconciling this. Dove Fed members would be notating employment problems even if they weren't persuasive.
Because they are political appointees. Nobody wants to rock the boat when a new administration is coming into office. Alternate view: they want to make all the bad stuff be exposed under Trump since Biden stroked their egos and followed their advice without insulting them.
Well if they're not hiring people still need to get by they want to make people obsolete by making machines and automation but what happens when people can no longer buy? it's not sustainable
Yeah that's crazy to me. I mean is that enough supply of openings or is that just what companies put up there? Is it that we have the labor force that can do that job or is the job a bs job? Most what I see on indeed are junk jobs.
Hey Jeff, how about an "I've been wrong about The Bond Market for more than four years, this is why, and here's how I'm managing my losing investment" video? I appreciate you being on the other side of the trade!
Can someone recommend a youtube finance guy w no flames, no doom, no dumb guests, no endless yapping about gold or some specific asset, just straight analysis.
@@angelrivera6915I lost respect for him on his DOGE post. He gave reasons why he could fix the IRS and started saying the IRS needed to change tax laws. This ‘tax guy’ doesn’t know Congress makes tax law? That doesn’t give me confidence in his posts.
The fed recently said they had "conquered" inflation. Haha yeah right. They don't even really know where r* is anyways. They're teeing us up for some more bs.
According to the news NYC is Paradise: "Boomtown: New York City economy set employment records and gained unprecedented strength, report finds" (AM NY)
Engineering and tech job market is really, really slow with tons of applicants. Going back to get a second masters degree in Systems Engineering in hopes of standing out.
@@Dimes607 You are talking to two people with Master degrees, we aren’t 18 years old, learning a trade isn’t for everyone or people aren’t physically able to like myself.
Your bill collectors are acting like the labor market is perfectly fine. Can't wait until they're on the other side of what everyone is going through. Turn your noses up at them.
Another clown suggesting Wallstreet is the same as main street. Yeah the stock market has been going up because of endless gov money printing. But with that we've had terrible inflation and definitely a major reduction of the purchasing power of the dollar. Job cuts are picking up and were tremendous in 2024. Bidenomics at work.
Probably wasn’t a good idea importing millions of people, millions of People means we need millions of jobs which we don’t have and if so over Abundance of Labor reduces wages and benefits.
Stay Short TLT/Long TBT. For those of you intelligent enough to be on the right side of the trade with me, I don't need to tell you...tighten up your Stops, make sure you book profits on this runner, and be patient to reload soon! For those of you that are missing out on the daily 52 Week Lows, don't worry, you'll get your chance to Short TLT with both hands! Four and a half years in and the party is just getting started!
Computers have taken all the jobs; in many places, not even crummy jobs exist. The politicians will not talk about this, because they will not get re-elected if they do. 5-10 in an apt, if the lease allows it.
But you have to remember those computers are useless without anybody running them computers are the dumbest things in the world they do exactly what we tell them to do nothing more nothing less so someone has to be Manning them
One major bummer about this market is we cannot find people to hire. I am in-house at a nuclear power plant and contracting companies for our refuel outages are having a hard time finding people with at least minimal experience needed to perform industrial tasks from all different backgrounds. I&C, electrical , mechanical, pipe fitters, carpenters, valve techs etc. All of these jobs lowest starting pay are around 30-38 an hour. I am not sure if people just don’t want to work or just don’t want to learn or be willing to travel.
Your company probably wants 3-5 yrs experience in an incredibly obscure, niche role in an obscure location, and refuses to budge on requirements and is unwilling to train amyone despite all of thr aforemebtioned factors. Many. Such. Cases.
All the people that resigned from their jobs during 2020 to 2023 and found new jobs at very high wages are the ones that are getting laid off now. We are living in a deflationary period, so inflated wages cannot be paid in this kind of economic environment.
There is positions available, but the corporations are being cheap. They're hiring, then wait and fire some, then hire again. However, by this time we're worse off than before. If they didn't pay well I'd tell them, take this job and shove it!
I thought the plan was lay people off, create job requirements that make no sense and no one can meet, claim you can't find any Americans that fit the role, file paperwork for a h1-B visa
As with most chronic problems, it continues because the government is trying to treat the symptom of the problem instead of the cause. People don't have enough money? Give them money. The money inflates so even with more money, people still don't have enough. Unemployment is the result of people whose skills are not in demand in the market for labor. Fix that, and unemployment goes away.
Only one in ten jobs are obtained through the traditional resume etc. Nine in ten are hired on the spot without resume...just job application and only after hired so the company has the necessary information. Be dressed and ready to go to work.😊
Winter gas is cheaper to produce. Summer gas needs more additives to reduce smog. Fyi. On the day when they switch over it is expected to see a drop of 8 cents per litre. Yes litre im from canada. Which i can confirm is true i noticed the day of the drop in price.
There is more people not on unemployment without a job then those who are. Also think of all the homeless they don’t count on the unemployed. Most jobs are ghost jobs also.
The only metric I have ever used is the price of gasoline at the pump as it drops you know the economy is in serious trouble as it goes up you know the economy is getting better and when it really tops out, it’s a booming economy that’s the only metric you ever need
And this is why I say let the birthrate plummet to hell. We don’t even have enough jobs for people now. Adding more people who can’t get jobs is only going to place an even greater strain on the economy then we already have
anytime you do see hiring ads, they are just doing that for a tax cut benefit or using AI and not getting anyone cause everyone is automatically denied
Maybe it’s betting driven off of use of gasoline in cars because there more electric cars and more fuel efficient cars. How do you take that into account?
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you should’t be in the market business. or get you a skilled practitioner.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of my financial advisor, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking…
Not bad at all. 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?
Finding financial advisors like Jessica Dawn Walters who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
To run a company, you really dont need many people depending on the industry .Pretty much if things where run fully ethically, only a few people would ever get the bag
I got a job as an order selector and a food Warehouse when I broke down their Labor standard I'm supposed to be picking 5.1 items a second to make their 97% Labor standard I don't think it's realistic or accomplishable but we'll see
I just quit my job at LaGuardia Airport because a new company was taken over my department forcing people to reapply for jobs that we already had and I refused to be an idiots for there amusement they are also laying people in the process or people are reapplying for the same jobs that they already had
We need more tax cuts for the top 0.01%, TARP, Bailouts, Stimulus, Rebate Checks, Quantitative Easing and such measures to initiate a new Tickle Down Cycle.
Immigrants, H1B, legal & otherwise are having zero problem acquiring jobs here in the USA. They make up most of the job gains in the official data we keep seeing.
@Jay "Seems like it's just doom and gloom -anymore- ." "Anymore" must be used in a negative sentence, such as "it's _not_ just doom and gloom anymore." For emphasis in a positive sentence, you can write, "it's always just doom and gloom" or "it's just doom and gloom all the time."
I dont understand the oil part of this video. You’re saying that since oil prices aren’t dropping, that indicates that there is no demand for oil which substantiates the claim that unemployment is rising? Wouldn’t the lack of a drop indicate that there is still demand for oil? Can you revisit this in more detail?
Unemployment is an odd concept in an economy where for so many folks it’s necessary to work multiple jobs just to get by. Loose one and you’re counted as employed but suddenly don’t have enough money to live.
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Finding financial advisors like Lisa Grace Myer who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Have you noticed that ever since employers stopped putting employment adverts in newspapers, companies stopped responding when your resume was received? At one time, the company or employer sent out a letter thanking you for applying. But the internet has made things very impersonal and even rude.
Yes I have
Many people are increasingly struggling to secure a comfortable retirement. Low-paying jobs, rising inflation, and soaring rents make it difficult to save. On top of that, middle-class Americans are finding it harder than ever to afford a home, leaving them without a stable place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
More reason I enjoy my day to day market decisions is that i'm being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time, both employing profit-oriented strategy and laying off risk as a hedge against the inevitable downtrends, coupled with the exclusive information/analysis, it's quite impossible not to
pls how can I reach this expert, I need someone to help me manage my portfolio
Melissa Terri Swayne is the coach that guides me, She has years of financial market experience, you can use something else but for me her strategy works hence my result. She provides entry and exit point for the securities I focus on.
Thank you for this tip. It was easy to find your coach on web. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.
These stats don't include freelancers, contractors and gig workers, all of who are witnessing a decrease in work as well.
Been unemployed for a full year. Nobody hiring.
Where is HITLER? DOCUMENTARY REINHARD GEHLEN AND THE CIA,OPERATION BIG, THE NEXT PANDEMIC
Oh there are jobs. Just not at the cost of what you are asking.
Read reviews; if the companies paid so well & treated employees so well they would not always be hiring. . .
@@ClaymorePTyou’re the kind of people that make people class aware
Different environments
It’s crazy how everything is exactly the same all around the globe.
Not a globe; does NOT spin with local sun. Consider doing some research, cheers
Almost like were on some kinda globalized business cycle 🤔
Only in the global north aka china europe and america
U.S. has a hand in all the other countries.
You will own nothing and be happy. The 2030 agenda is moving along right on schedule.
I’ve been stuck at a job that I completely hate but I’ve learned to filter out the bs and just do my work and be fake. It’s horrible but I put on a custom and mask every time I clock in until I leave. It’s a huge relief when I leave.
Same.
Hunker down, when we can finally leave, it'll be glorious
Jeez that's awful. I'm sorry for you and the way the world works today.
The fake bs is the worst... a hiring manager calls me while I'm driving, I said " I'm doing 75. Can you make it quick ". Later she complained about it not being " a good call " . She can take her job and shove it .
I really hated my job a lot I quit but it payed me badly so I don't miss it
Yep, same boat here!
There's job ads. I apply to everything. Most companies don't even respond. You just never even hear from them again. Sometimes i'm not convinced the job ads are even real
Because they're fake job postings. They are only posted to look like the company is doing well and to harvest your personal information so it can be sold.
Let me give you a hint. Look carefully at what is being advertised. If you don't list that you have experience for an item listed the HR department will flush your application as not being qualified. If you list more experience and qualifications than what is listed, you are considered overqualified, and your application is flushed. List only your qualifications for what is being advertised. If you don't hear anything, call and ask if they are still evaluating applications for the position. Sometimes this will get you an interview.
To provide an analogy. they are advertising for 70 watt lightbulbs. If you are a 65 watt or 75 watt lightbulb they won't consider you.
Also, why do you think it is now called the Human Resources Department?
hth
@@paulkurilecz4209 that is the most ridiculous hiring practice I've ever heard. Do you work in HR? So you're telling me, if a person doesn't have every item an employer listed on their job posting, they are considered unqualified? These companies get what they deserve with their DEI HR departments. No wonder companies, like Intel are failing. Also, the person they want with EVERY qualification doesn't exist. If they match a job posting 100%, they're lying. But hey, we live in the "fake it until you make it" social media world so I am sure people lie.
@@paulkurilecz4209 I understood it before the analogy. Thanks for the information though.
@@JohnWalsh2019 That is pretty much my experience.
There are legitimately no jobs. It’s not even deniable at this point
correct. ghost jobs
Still lots of jobs, just not cushy jobs.
No not even low skilled labor. Like nothing… Just weird limbo temp/seasonal jobs.
@@Kingkillwatts same in the uk
@@KingkillwattsI can’t find any retail jobs. That’s what I do. Everything’s filled. No one’s hiring
I can't even get a job at Walmart nor McDonalds . I applied most places that are minimum wage and would get one or two interviews but no hiring .. Sometimes I think being an ant is better than being a human . At least being an ant, you automatically have a role which is to work and serve your queen without any threat of poverty and eviction .
tents and homeless people everywhere you look, that must tell you something about the job market, I go by what I see with my own eyes and not what some expert on a news program tells me.
Finding bodies out in the open isn't uncommon. Lost another friend last month.
Tried to give some money to one girl who had a homeless sign and didnt even say thank you are nothing just grabbed and walked off. A lot of people pretending to get addiction money
I went home tonight to find my tarp tent all ripped up. It's -10C outside tonight.😊 it cost me an entire hour to straighten everything up. I have new tarps hidden...
@Bird_McBride the rich pay police to destroy what little homeless people have.
All these issues stem from an economy grappling with uncertainties, including housing problems, foreclosures, global fluctuations, and the aftermath of the pandemic, leading to instability. Rising inflation, sluggish growth, and trade disruptions demand urgent attention from all sectors to restore stability and stimulate growth.
In retirement, safeguarding your wealth against inflation is essential. Consider options like TIPS (Treasury Inflation-Protected Securities), commodities, or foreign currencies to hedge against a weakening dollar. Diversifying your portfolio with global real estate, international bonds, or high-quality foreign stocks can provide additional protection and growth opportunities in an inflationary environment.
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions.
Consider a similar approach.
This sounds promising! Do you have any professionals or advisors you could recommend? I really need help with proper portfolio allocation.
Certainly, there are a handful of experts in the field.
I've experimented with a few over the past years, but I've stuck with Jennafer Beaver Turner for about five years now, and her performance has been consistently impressive. She's quite known in her field, look-her up.
I just copied and pasted Jennafer’s whole name into my browser, and her website appeared right away. You've saved me several hours of arduous research, therefore I appreciate it.
I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but l'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Retiring comfortably in the US these days is almost impossible.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
I’m planning on moving to Thailand in the next 5 years if trump’s government doesn’t do anything with the high prices of groceries and taxes
What about you??
Been debt free for two years thanks to Stephanie Janis Stiefel. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
My sister lives in Aussie. They have good healthcare better than America. I am also moving there after I retire.
Please stop gentrifying countries
Retired at age 53, I am in my early 60s. Because they couldn't understand the idea of not working if you don't have to, many individuals resisted me. I viewed my life in phases. In my latter years, I owe it to myself to "stop and smell the roses," even if I have worked hard to get everything I have now. My situation is that I retired and moved to Latin America. It made it possible for me to enjoy my new surroundings while escaping all the bad things that were going on in America. None of the people I've met regret retiring.
Nice way to retire. For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement fund has grown way more than it would have with just the 401(k). Haha.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@@PASCALDAB who is your advisor?
I've stuck with SHARON ANN MENY since the pandemic, and her performance has been consistently impressive. She’s quite known in her field with over two decades of experience, simply look her up.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
i cannot get a job to save myself. I applied to about anything I'm qualified and even things that would be a stretch i have a communications degree and even safeway isn't hiring. going to the USA jobs office tomorrow with resume hopefully they have less. FYI the minimum wage is 17.5 and I'm applying to min wage but hoping to interview for 19/hr
That's the problem. That minimum wage value. For most eastern european countries, that's actually a high wage.
@@ClaymorePT No it isn't. You have not been watching real inflation. All the people supposedly "earning" those salaries and much more are not producing real value. When you consider half the actual "real" salaries that dont reach minimum wage are half public sector, half roundabout funded by public sector, you realize $17 an hour is low. Because your actual purchasing power is dogwater compared to what you could buy 50 years ago on the same minimum wage value. Society is supposed to improve. We have specialized rolls, get education, follow laws and avoid jail, all because of the belief that tomorrow the world will be better. You people are literally unravelling society as you turn average workers into homeless serfs, alongside the bleeding hearts giving everyone but native born children a job. Together you are literally killing the economy and I mean DEATH like planes falling out of the sky and entire cities burning down.
@@gezenews noticing this is described as "right wing". In the UK, unless you live with your parents, working is the poverty option for gen z. Hardly pays rent + food. Throw in transport and welfare is far more lucrative. We have broken everything. Arrived on a boat though... Free hotel food, allowance. It's clownworld, at least the film idiocracy had solutions by simply applying common sense. Here, the elites don't care because they have a god complex.
@@gezenewsit took me too long to figure out you were not talking about types of specialized cinnamon rolls
@@gezenews to be honest, it’s not the bleeding hearts that support the H1B Visa scheme - it’s the same billionaires paying minimum wage and trying to exploit workers, not the liberals, who at most support an immigration policy which is friendly to asylum seekers - people who are not usually seen as the highest skilled workers and probably not guaranteed a job.
I miraculously got a job in November. I was checking recently how the job market looks now. Man, 80% of the positions I previously applied for aren’t available across the area and good luck even being responded to. I’m a universal banker with no banking experience. Companies dont want to train new hires. They need to be beyond desperate to do so
There's a recession or depression taking place, and the good jobs are reserved for relatives and cronies of those high up the ladder... However, the low-paying jobs that nobody wants, such as flipping burgers, folding shirts in a stock room, or scrubbing out toilets - are plentiful...
It's true, as Mark Twain said, that there are three kinds of lies, but those lies all come up short when they have to face the one kind of reality and that's the one that Jeff has so deftly unveiled.
Same shit in Canada... Can't even get an entry level job atm
I'm applying everywhere I see job openings and either I get the Hiring Freeze or the role has already been filled.
Yeah same. I just need part time work. Good luck. How are there so many job openings but no one filling them?
@@parofficemost large corps have hiring policies in place that require they look for candidates outside the company before hiring internally (promotions or lateral moves). Hence why a job opening is listed publically for a few weeks before denying all external applicants and promoting an existing employee to the position.
Just had an interview last Thursday and got excited. 6 months of searching and I nailed this interview. At the end of the interview I was told I’d be receiving a call Monday to meet the team I’ll be working with and discuss the offer. Well it’s now Thursday of the next week and after reaching out twice they’ve cut off all communication….so frustrating
Look if you really need to find a job there's something out there you can find it might not be in your field it might not be in your salary range but there is a job out there that you can get so don't say that there's absolutely nothing out there because there is it's just not what you want
There are a lot of unemployed tech workers who won't show up in the unemployment count. You know why? Because companies are paying them severance contingent on them signing a contract that they can't collect unemployment.
Also many of them doing other 2nd remote jobs or has side businesses or drive uber or Lyft .
Lots of them doing gig work but aren't fully employed.
The unemployment rate is not determined by the number of people collecting unemployment benefits. It’s determined by CPS, which is honestly a big old joke when you understand how it’s supposed to work. The government supposedly calls some people and asks them what they’re up to, employment wise. I would not be surprised at all if that’s become a “let’s not do it and say we did” type of situation. It’s quite sad how most people have such blind tries in government. They can tell us anything and a large majority accept it.
@@katieandnick4113 Thanks for the knowledge.
@@katieandnick4113 That process sounds like it could use some stream-lining (e.g.
simple online poll)
Does "job openings" include all of those fake job ads that companies are posting? I heard that a lot of the ads on sites like indeed and linkedin are not actually jobs, but companies trying to look like they're hiring, and/or just collecting resumes?
Yes. These companies that post fake job openings do so to claim government money and/or collect resumes to stack up for high turnover.
I just went back to September 2023.When you told us the job market was broken
So it means maybe this video is just attention and not anything to worry?
It’s going to be worse than 2008
already is..
Call the timing or trigger or just stop. Thus gets posted ad nauseum for a decade now.
Crazy to think that if you quit or get fired from your job, you may be locked out of the job market for the rest of your life
If trump does all the tariffs he is threatening then he could push a recession into a depression
Some companies don't want to pay fair wages & benefits- theyd rather pay gig & contingent workers.
On top of that "ghost jobs" and someone pushing very hard automatisation and robotisation...... skyrocketing rent and prices, and at the same time someone wanna replace workforce with robots, while already hard to find job, make it worse.... Insane!.........
I was terminated from my (remote) tech role on the exact month of Jeff's label, "unemployment rate starts rising" at minute 5:45. Crazy how things aren't coincidence!!
This is my second video of yours and so far i find it very informative! Thank you!
One thing i worry about by these "professional" economists is whether they really understandstand market behaviors. You mentioned Yellen had a ticker on job openings, but i wonder if those were true openings, or "ghost jobs". When Mnuchin was talking to business leaders and asked for a show of hands who was going to hire more with their new tax breaks, no one raised their hand and he was confused.
These professionals are relying on data to infor their decisions instead of the behaviors that created that data. Tax breaks dont hire people and job openings does not mean intent to fill.
Im so mad that Powell's entire idea on how to fix the economy was "people want too much and so we have to freeze that demand by raising interest rates. Only then will prices come down." No, buddy, we have to unleash supply.
I had to move states and KNOW somebody to find my latest job. And I am a GREAT worker in my 30s!
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Elizabeth stark
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
Whats coming is terrifying, just dint know when it will all hit at once
i came for the powerpoint animations.
Appreciat the analysis. Why were employment concerns not in the fed's notes today? They did not mention employment concerns. I have difficulty reconciling this. Dove Fed members would be notating employment problems even if they weren't persuasive.
Because they are political appointees. Nobody wants to rock the boat when a new administration is coming into office. Alternate view: they want to make all the bad stuff be exposed under Trump since Biden stroked their egos and followed their advice without insulting them.
Well if they're not hiring people still need to get by they want to make people obsolete by making machines and automation but what happens when people can no longer buy?
it's not sustainable
Flat Beveridge usually happens when you don't tighten the bottle cap after opening....loses its fizzle.
I got rejected from a warehouse job imagine getting rejected from a warehouse 😂job
Everyone can either work for the government or get free stuff from the government.
Yes, because robots and AI will be doing all the jobs.
Who is getting 'free stuff' from the government? Our taxes fund it.
It's close to that today.
@@324cmacwe as citizens shouldn’t be taxed to begin with, corporations should
random question but doest jolts consider ghost jobs ?
I can't even get hire as a lunch lady and as a janitor
Sort of feels like you're repeating yourself. So, yes, we know.
The government just said that there's 8million job openings; duh!
They are lying. Fake jobs believe me
7,999,999 of those job openings are fake.
Yeah that's crazy to me. I mean is that enough supply of openings or is that just what companies put up there?
Is it that we have the labor force that can do that job or is the job a bs job? Most what I see on indeed are junk jobs.
Hey Jeff, how about an "I've been wrong about The Bond Market for more than four years, this is why, and here's how I'm managing my losing investment" video? I appreciate you being on the other side of the trade!
Can someone recommend a youtube finance guy w no flames, no doom, no dumb guests, no endless yapping about gold or some specific asset, just straight analysis.
ClearValueTax Brian is amazing trust me
@@angelrivera6915I lost respect for him on his DOGE post. He gave reasons why he could fix the IRS and started saying the IRS needed to change tax laws. This ‘tax guy’ doesn’t know Congress makes tax law? That doesn’t give me confidence in his posts.
Looks like another bot post.
Mass layoffs and the fed is worried about inflation, because inflation is above 2%.
Inflation is above 2% by about another 14% actually.
@kimbuck-2 ha no.
@kimbuck-2 In november it was 2.7.
@@Toaster-v1z That's what you were told.
The fed recently said they had "conquered" inflation. Haha yeah right.
They don't even really know where r* is anyways. They're teeing us up for some more bs.
I have been unemployed since October 2023.
I’m so sorry. This scares me, HOW do you live? 😢
According to the news NYC is Paradise:
"Boomtown: New York City economy set employment records and gained unprecedented strength, report finds"
(AM NY)
Engineering and tech job market is really, really slow with tons of applicants. Going back to get a second masters degree in Systems Engineering in hopes of standing out.
I’m getting a eMBA to go with my Masters in Cybersecurity.
Learn a trade
@@Dimes607 even trade jobs are slowing down in my area. nothing will be safe soon.
@@Dimes607 the service side is slim pickings and they want mostly journeymen and new construction is slowing down fast.
@@Dimes607 You are talking to two people with Master degrees, we aren’t 18 years old, learning a trade isn’t for everyone or people aren’t physically able to like myself.
Your bill collectors are acting like the labor market is perfectly fine. Can't wait until they're on the other side of what everyone is going through. Turn your noses up at them.
Since Jeff's first video on March 23 of 2020. SP: +165% and TLT: -48%
Another clown suggesting Wallstreet is the same as main street. Yeah the stock market has been going up because of endless gov money printing. But with that we've had terrible inflation and definitely a major reduction of the purchasing power of the dollar. Job cuts are picking up and were tremendous in 2024. Bidenomics at work.
He's giving macro forecasts--markets move differently.
There's one of the "it's macro bros" I told you about LoL! Keep postin!
Probably wasn’t a good idea importing millions of people, millions of People means we need millions of jobs which we don’t have and if so over Abundance of Labor reduces wages and benefits.
Jeff "I Should Have Listened to the Guy That Always Comments Short TLT" Snider. Debunked.
I hope you keep shorting it, your going in the can where u belong
@Wildboy789789 LoL man...the education system really failed you.
@JSniderDebunkedgoldspansubstak it failed all of us, thats why recessions coming and we have a meme stonk bubble
Stay Short TLT/Long TBT. For those of you intelligent enough to be on the right side of the trade with me, I don't need to tell you...tighten up your Stops, make sure you book profits on this runner, and be patient to reload soon!
For those of you that are missing out on the daily 52 Week Lows, don't worry, you'll get your chance to Short TLT with both hands! Four and a half years in and the party is just getting started!
I bought TLT last year. Do you recommend continuing to buy it?
@bringthemdown7970 Literally the first sentence of my comment is "Stay Short TLT/Long TBT." Short TLT eight days a week and use both hands!
Computers have taken all the jobs; in many places, not even crummy jobs exist. The politicians will not talk about this, because they will not get re-elected if they do. 5-10 in an apt, if the lease allows it.
But you have to remember those computers are useless without anybody running them computers are the dumbest things in the world they do exactly what we tell them to do nothing more nothing less so someone has to be Manning them
One major bummer about this market is we cannot find people to hire. I am in-house at a nuclear power plant and contracting companies for our refuel outages are having a hard time finding people with at least minimal experience needed to perform industrial tasks from all different backgrounds. I&C, electrical , mechanical, pipe fitters, carpenters, valve techs etc. All of these jobs lowest starting pay are around 30-38 an hour. I am not sure if people just don’t want to work or just don’t want to learn or be willing to travel.
What company do you work for?
Your company probably wants 3-5 yrs experience in an incredibly obscure, niche role in an obscure location, and refuses to budge on requirements and is unwilling to train amyone despite all of thr aforemebtioned factors. Many. Such. Cases.
38$/hr= abject poverty in many places.
Jeff "I'm So Broke and Miserable I Can't Even Afford a Happy Meal" Snider. Debunked.
Biden voter and paid propagandist detected.
al value, unlike so many hyped projects. Holding strong and waiting for the world to notice.
All the people that resigned from their jobs during 2020 to 2023 and found new jobs at very high wages are the ones that are getting laid off now.
We are living in a deflationary period, so inflated wages cannot be paid in this kind of economic environment.
The truth about grifting on TH-cam
There is positions available, but the corporations are being cheap. They're hiring, then wait and fire some, then hire again. However, by this time we're worse off than before. If they didn't pay well I'd tell them, take this job and shove it!
I thought the plan was lay people off, create job requirements that make no sense and no one can meet, claim you can't find any Americans that fit the role, file paperwork for a h1-B visa
Could you please explain what's happening inn the UK bond market.
As with most chronic problems, it continues because the government is trying to treat the symptom of the problem instead of the cause. People don't have enough money? Give them money. The money inflates so even with more money, people still don't have enough.
Unemployment is the result of people whose skills are not in demand in the market for labor. Fix that, and unemployment goes away.
Only one in ten jobs are obtained through the traditional resume etc. Nine in ten are hired on the spot without resume...just job application and only after hired so the company has the necessary information. Be dressed and ready to go to work.😊
I'm excited
Don't worry, the inflation reduction act will save us...
or more idiotic tax cuts for the 1%
Where is HITLER? DOCUMENTARY REINHARD GEHLEN AND THE CIA,OPERATION BIG CITY, THE NEXT PANDEMIC
I really REALLY hope you're right! (I'm in the mortgage biz)
Intel calls firing "CPMs" (corporate people movement).
That company is in a death spiral. Too much DEI has destroyed them.
Thanks for the XAI508P update! I am loving my XAI508P!
Winter gas is cheaper to produce. Summer gas needs more additives to reduce smog. Fyi. On the day when they switch over it is expected to see a drop of 8 cents per litre. Yes litre im from canada. Which i can confirm is true i noticed the day of the drop in price.
So what's the play here? Go to cash or t bill and buy the dips?
Get into HVAC. My company in Michigan can’t find enough people.
Thanks Jeff
There is more people not on unemployment without a job then those who are. Also think of all the homeless they don’t count on the unemployed. Most jobs are ghost jobs also.
You can still get government skilled trade jobs electricians plumbers at schools jails and other government buildings im not desperare enough to do it
The only metric I have ever used is the price of gasoline at the pump as it drops you know the economy is in serious trouble as it goes up you know the economy is getting better and when it really tops out, it’s a booming economy that’s the only metric you ever need
XAI508P$ and ETH together? Bro, this combo feels unstoppable. 15x is just the start 🚀
And this is why I say let the birthrate plummet to hell. We don’t even have enough jobs for people now. Adding more people who can’t get jobs is only going to place an even greater strain on the economy then we already have
anytime you do see hiring ads, they are just doing that for a tax cut benefit or using AI and not getting anyone cause everyone is automatically denied
Maybe it’s betting driven off of use of gasoline in cars because there more electric cars and more fuel efficient cars. How do you take that into account?
This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.
These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you should’t be in the market business. or get you a skilled practitioner.
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of my financial advisor, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking…
Not bad at all. 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?
Finding financial advisors like Jessica Dawn Walters who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
No jobs in retail and fast food. Plenty of openings in cryto, AI, healthcare.
XAI508P hitting 50x? Totally agree with your analysis. This is a hidden gem waiting to explode 🚀
To run a company, you really dont need many people depending on the industry .Pretty much if things where run fully ethically, only a few people would ever get the bag
Thank you
I got a job as an order selector and a food Warehouse when I broke down their Labor standard I'm supposed to be picking 5.1 items a second to make their 97% Labor standard I don't think it's realistic or accomplishable but we'll see
I just quit my job at LaGuardia Airport because a new company was taken over my department forcing people to reapply for jobs that we already had and I refused to be an idiots for there amusement they are also laying people in the process or people are reapplying for the same jobs that they already had
I have not worked in almost fifteen years
Plenty of good paying jobs and affordable living in Northwest Ohio..
I got to move to bubbafuk ohio to get a job.
We need more tax cuts for the top 0.01%, TARP, Bailouts, Stimulus, Rebate Checks, Quantitative Easing and such measures to initiate a new Tickle Down Cycle.
Sorry Xiden lost and Obama can't run again.
Look up Continuous. Liam’s, not just initial claims.
So were in an Inflationary depression, when you add in the true numbers for inflation and other data. 😮
Immigrants, H1B, legal & otherwise are having zero problem acquiring jobs here in the USA. They make up most of the job gains in the official data we keep seeing.
There have been layoffs in some industries
This is what Zulauf said in his various podcast during Christmas.
The supply is below demand
Seems like it's just doom and gloom anymore.
@Jay "Seems like it's just doom and gloom -anymore- ." "Anymore" must be used in a negative sentence, such as "it's _not_ just doom and gloom anymore." For emphasis in a positive sentence, you can write, "it's always just doom and gloom" or "it's just doom and gloom all the time."
@Lawliet734 i don't see any positivity in this economy
Why can’t you use a pointer?
Triggered?
The Earth is round. This shouldn't be a controversial statement, but it will be.
The correlation between XAI508P & XRP blows my mind. Imagine when XAI508P fires up. cant stop wont stop
I dont understand the oil part of this video. You’re saying that since oil prices aren’t dropping, that indicates that there is no demand for oil which substantiates the claim that unemployment is rising? Wouldn’t the lack of a drop indicate that there is still demand for oil? Can you revisit this in more detail?
Pro tip: fast food is not the job market...
Exactly.
Even a broken clock is right twice a day and has outperformed how many times this dudes been right since 2019🤭