Honestly, this situation makes me uncomfortable, especially with the Fed cutting interest rates by 50 basis points. It signals deeper economic concerns, and I'm uncertain about my $130K investment strategy, given the possibility of not just a recession but perhaps even a depression.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Congress delegated its power to control the money supply when it created the Fed. They should create a Fed-like agency to manage fiscal policy and prevent shutdowns.
Not true, I’m doing better than ever before, and this year will be my first 7 figure year. The economy is doing just fine. Just look at the stock market this year.
Corporate greed messed up the people!!! Inflation as in HUUUGE interest rates to buy a home is out of reach and yet rental fees are out of control!!! Nice to squeeze the people.
If the Fed had hiked interest rates sooner to a lesser degree, they would not have had to hike them as high as they did for so long. Now they've started to bring them down too late as well in fear of a potential recession their poor decision-making has created. Anyone who re-finances now at the first sign of a rate reduction will feel very dumb when rates fall again in the months ahead. Your credit card interest rate is NOT tied to the bank rate: it's whatever the banks think they can get away with. Your best option is to pay more than the minimum repayment... whatever you can afford... and when the balance hits zero, throw those cards away. That's the ONLY way credit card interest rates will ever come down.
Great enjoy milk and bread prices when inflation starts to rise again. Core inflation last month was up. They have not beaten inflation. Enjoy the mess.
I haven’t seen the price of anything come down yet…in fact egg prices have shot up again where I live. Bought an 18 egg pack 3 weeks ago for $4.50 and 2 weeks later that same egg pack was $6.40. It seems like this whole “inflation is down” thing is a scam to try to delusion the public into thinking it’s down. Before Biden the toilet paper I bought was between $5-$6….that same pack this whole time after he took office is between $11-$12….and it’s still the same. The price of beef and other meat hasn’t come down either….these people think they can fool everyone…but many of us now have to pay super close attention to prices and we know nothing has come down.
Mine is doing great. My employees are making higher wages than last year, and the price of gas is under 3 dollars up here in the Poconos! Thanks Biden.
You know when they say they low down prices like hotel airlines and everything. That's only because they were forced to lower down the prices because we stop giving them money cuz we did not have enough to give them That's the only reason why the prices went down
For the middle class and lower, I believe it will not make a positive difference. Home and auto insurance still high. Electric and water rates still high. Those won’t be coming down.
@@owenbowen1090 I’m sorry. I didn’t get my point across. My bad. I was not saying that it did. I’m saying that these other bills will not come down and most everyone has to pay these. It’s a difficult time for so many. Have a blessed day.
Middle class need to borrow money for houses, cars, credit cards. What do you mean it won’t make a positive effect? It won’t affect people who pay “cash” for everything.
Uh no... the interest rates went down because they were pushing 6% and this looked extremely bad on the Biden admin so lowering interest rates is something the fed is trying to do to artificially boost markets before the election season. They fail to take into account that we could see inflation rise again because of this in the near future.
I don't know if you understand but if you really believe Joe Biden had anything to do with this, it would mean you believe America is corrupt. This would mean Joe Biden has turned America into a corrupt country. The Federal Reserve is independent for politics and acts on incoming data.
Biden’s administration is the one that raised rates to begin with and had rising prices. Trump had low rates and low prices of everything….everyone could afford things easier.
Yeah did not show the 2016 that but they did so how much we suffer over the years and they did not do nothing about it and the president sent this at like inflation did not happen or raised prices I miss the days when Little Caesar was his $5 and the dollar menu from McDonald's
It means a difference in the thousands when you get to business levels. Hey people beg for trickle down economics that's what they get it's all for upper level!
🧠 ~ There’s going to be some people who don’t understand what critical thinking is who claim the interest rates being lowered is about the election. But these interest rates are going to take five or six months to trickle down to most Americans, so if this was about the election it would’ve been done five or six months earlier. But unfortunately some people don’t understand how the economy works or how most things work yet they are convinced they do. But I do have some sympathy for them because too many people turn to propagandists who outright lie because anger and fear drive viewership and money. And even look up how many TH-cam “medium“ guys on the right wing took as much as $100,000 per video to support Russia by speaking against the Ukrainian war. For one freaking video. Now that is for an interference but you don’t think there are billionaires doing the exact same thing legally on other topics in this country? TH-cam viewership averages out to be about half of 1¢ per view. Do you think that is what pays the bills for these multi millionaires? Or do you think it’s money coming from other areas? P.S. anyone remember when the last administration publicly bullied the Fed into doing what he wanted regarding interest rates when he was an office? Or is that not covered by the right wing media? And by the way, by him wanting to manipulate the interest rate for his own benefit so the economy would be better under him, also makes inflation worse later on. That’s exactly why you don’t have sself interested politicians controlling the interest rate.f
![ค้างคืนโรงเก็บกระสวยอวกาศร้างกลางทะเลทราย [Around The World Ep. 3]](http://i.ytimg.com/vi/E5bWZQhABJE/mqdefault.jpg)
Honestly, this situation makes me uncomfortable, especially with the Fed cutting interest rates by 50 basis points. It signals deeper economic concerns, and I'm uncertain about my $130K investment strategy, given the possibility of not just a recession but perhaps even a depression.
I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q3 2024.
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.
Her name is Bonita Jeanette Rodriguez. You can easily find her information to arrange an appointment.
Thanks for sharing. I searched for her name and found her website. I reviewed her credentials and did my research before contacting her. Thanks again.
Thank god this decision isn't something that had to be approved by Congress.
Congress delegated its power to control the money supply when it created the Fed. They should create a Fed-like agency to manage fiscal policy and prevent shutdowns.
@@RiteMoEquationsThe House would have a field day if that was ever suggested. Likely the only time we’d see unity among the parties
Easy money makes prices go up. Borrowing money is for losers. This country is addicted to borrowing.
Solid economy for the rich not the working people of America
Come on now , it will trickle down .
@@kapihannibeshie9634 trump made that impossible
Not true, I’m doing better than ever before, and this year will be my first 7 figure year. The economy is doing just fine. Just look at the stock market this year.
Everything non dollar will appreciate
The timing is impecable
You rather not have it then?
Stupid comment of the day. The Fed doesn't care about the election.
BRO.............WE ARE SUFFERING MAN. I AM STARTING TO WORRY FOR MY FAMILY. WE DONT NEED A HALF PERCENT CUT, WE NEED HUGE CHANGES !!!!!
That would cause a deflationary spiral which would be the death of our economy
@@danielforgedragon3446 we are in the death of our economy. My rent has gone up 40% gas 50% food 40% insurance 40%
Corporate greed messed up the people!!! Inflation as in HUUUGE interest rates to buy a home is out of reach and yet rental fees are out of control!!! Nice to squeeze the people.
If the Fed had hiked interest rates sooner to a lesser degree, they would not have had to hike them as high as they did for so long. Now they've started to bring them down too late as well in fear of a potential recession their poor decision-making has created. Anyone who re-finances now at the first sign of a rate reduction will feel very dumb when rates fall again in the months ahead.
Your credit card interest rate is NOT tied to the bank rate: it's whatever the banks think they can get away with. Your best option is to pay more than the minimum repayment... whatever you can afford... and when the balance hits zero, throw those cards away. That's the ONLY way credit card interest rates will ever come down.
You should work for them America needs your expertise.
😅too bad Feds spending was hiking up the Inflation rates and causing all these price hikes.
Great enjoy milk and bread prices when inflation starts to rise again. Core inflation last month was up. They have not beaten inflation. Enjoy the mess.
Lol cry harder
I don't get the cut especially a half a point. Those who have the cash will send prices back up.
I haven’t seen the price of anything come down yet…in fact egg prices have shot up again where I live. Bought an 18 egg pack 3 weeks ago for $4.50 and 2 weeks later that same egg pack was $6.40. It seems like this whole “inflation is down” thing is a scam to try to delusion the public into thinking it’s down. Before Biden the toilet paper I bought was between $5-$6….that same pack this whole time after he took office is between $11-$12….and it’s still the same. The price of beef and other meat hasn’t come down either….these people think they can fool everyone…but many of us now have to pay super close attention to prices and we know nothing has come down.
Correct
Only private industry can get inflation under control.
i doubt this will have any effect for middle class Americans.
It will for me, I need to refi. Hopefully more cuts this year.
Middle class need to borrow money for car loans…
Too late. Small businesses will not survive the holiday season.
Why not? Consumer demand is sky high.
Mine is doing great. My employees are making higher wages than last year, and the price of gas is under 3 dollars up here in the Poconos! Thanks Biden.
Speak for yourself mine is doin fine
@@danielforgedragon3446thanks Biden? Brain dead
@@owenbowen1090 yeah exactly. Business should be great for everyone during the holiday season.
Time to print more money?
Why?
MAGA tears.
You know when they say they low down prices like hotel airlines and everything. That's only because they were forced to lower down the prices because we stop giving them money cuz we did not have enough to give them That's the only reason why the prices went down
they bought a house with 8% interest???? LOL what are you thinking?????
They may have had a large down payment or really needed to move and didn't want to rent
For the middle class and lower, I believe it will not make a positive difference. Home and auto insurance still high. Electric and water rates still high.
Those won’t be coming down.
Water bills have nothing to do with interest rates. Funny.
@@owenbowen1090 I’m sorry. I didn’t get my point across. My bad. I was not saying that it did. I’m saying that these other bills will not come down and most everyone has to pay these. It’s a difficult time for so many.
Have a blessed day.
Middle class need to borrow money for houses, cars, credit cards. What do you mean it won’t make a positive effect? It won’t affect people who pay “cash” for everything.
@@iishyxvietxboyii1 true. I’d hate to try to make a house payment, insurance payment, property taxes, utilities ect. I feel for the young families.
I knew interest would go down when people don't have money to spend it lowered the inflation and then you get interest rate cuts.
Uh no... the interest rates went down because they were pushing 6% and this looked extremely bad on the Biden admin so lowering interest rates is something the fed is trying to do to artificially boost markets before the election season. They fail to take into account that we could see inflation rise again because of this in the near future.
Refinance means paying more
Gold 🚀🚀
Cut it back to Covid rates
Haha highly unlikely even tho I wish cuz I need to refi.
WOW THE BIGGER NEWS FROM THE INTEREST THAT,S GOOD IT,S GOING THE RIGHT WAY 😊
There’s gonna be a lot more rate cuts until 2026.
I haven’t felt anything…
and apparently this matters?
Corkery Flat
Another wave of money printing.
MAGA tears.
Arthur Burns lives!
Alta Burgs
GET READY FOR THINGS TO GET MORE EXPENSIVE!! ADDING FUEL TO THE FIRE
MAGA tears.
Thank you! What great news!
Started going up with Biden came in. Now that he's going out (and trump is back) the rates will come down.
We’re all gonna die.
The 😂inflation is on the right track.
After data manipulation to the core and many of the data being purged. 😅
What does this mean for stocks?
It gives them a little breeze of Fresh Air 😊
@@adamhuffman3354 so, does that mean, they will continue to dip or rise?
This will save tens of dollars annually for the average family.
Not really you know how long it takes for the company that's to load down prices. We probably won't fill that until next year
MAGA tears.
Leftist shill
Good news !!!
This is amazing omg!
Thank you Joe Binden. 😊😊❤
😂😂😂😂😂😂😂
Koolaid syndrome
I don't know if you understand but if you really believe Joe Biden had anything to do with this, it would mean you believe America is corrupt. This would mean Joe Biden has turned America into a corrupt country. The Federal Reserve is independent for politics and acts on incoming data.
Biden’s administration is the one that raised rates to begin with and had rising prices. Trump had low rates and low prices of everything….everyone could afford things easier.
The US economy is likely to decline, and the Federal Reserve has not withstood the pressure
MAGA tears.
This will generate a flood of MAGA tears.
Ooooooooooo.... .5 from 6???? 🤡 let me know when it's back to 3.
Notice they won't show the graph from 2016 to now. They only showed the peak and it coming down a little.
Yeah did not show the 2016 that but they did so how much we suffer over the years and they did not do nothing about it and the president sent this at like inflation did not happen or raised prices I miss the days when Little Caesar was his $5 and the dollar menu from McDonald's
@@James55000 the days of obama were good
Election stunt
MAGA tears.
Cutting it by half of a percentage while Americans are suffering badly financially my god we need BIG CHANGE
You can't cut it too fast. Will cause inflation.
@@owenbowen1090 will cause inflation ? Lol bro im not even going to waste my time.
@@Coral-reef. please don't, economics clearly too hard for you
Jewish capital has harvested the poor
We need more MAGA tears.
Some Biden nomics going on
MAGA tears.
Everyone pass go. It's party time
Its times for american to take in more money for christmas ❤❤
So what does this change besides lowering my potential monthly expenses for loans?
It means a difference in the thousands when you get to business levels. Hey people beg for trickle down economics that's what they get it's all for upper level!
@@dstarrII8442 Bidenomics is trickle up. It turned into a fire hose up economics.
@@dstarrII8442too late. Ask any accountant how his clients are going. They are going out of business.
Businesses borrow and invest more. More jobs.
A little to late maybe elections mad her do that lol
"Her?"
Finally some relief.
It will save tens of dollars over the year. Literally that's it. Maximum of 45 dollar savings annually per household.
💙💙💙💙💙💙💙💙💙💙🇺🇸🇺🇸🇺🇸🥇🥇⭐️⭐️⭐️
Finally can buy stuff
Wow
I like Kate snow she's a real person.Shes has a pretty figure .
🧠 ~ There’s going to be some people who don’t understand what critical thinking is who claim the interest rates being lowered is about the election. But these interest rates are going to take five or six months to trickle down to most Americans, so if this was about the election it would’ve been done five or six months earlier. But unfortunately some people don’t understand how the economy works or how most things work yet they are convinced they do. But I do have some sympathy for them because too many people turn to propagandists who outright lie because anger and fear drive viewership and money.
And even look up how many TH-cam “medium“ guys on the right wing took as much as $100,000 per video to support Russia by speaking against the Ukrainian war. For one freaking video. Now that is for an interference but you don’t think there are billionaires doing the exact same thing legally on other topics in this country? TH-cam viewership averages out to be about half of 1¢ per view. Do you think that is what pays the bills for these multi millionaires? Or do you think it’s money coming from other areas?
P.S. anyone remember when the last administration publicly bullied the Fed into doing what he wanted regarding interest rates when he was an office? Or is that not covered by the right wing media? And by the way, by him wanting to manipulate the interest rate for his own benefit so the economy would be better under him, also makes inflation worse later on. That’s exactly why you don’t have sself interested politicians controlling the interest rate.f