Economist: ‘The storm is coming’ for the U.S., Europe, and China
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- เผยแพร่เมื่อ 4 ต.ค. 2024
- #US #Europe #china
Morgan Stanley Chief Global Economist Seth Carpenter joins Yahoo Finance Live anchors Julie Hyman and Brian Sozzi to discuss the European energy crisis, the Bank of England raising rates, global recessionary risks, and the outlook for the economy.
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As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.
True..... I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns
It's true... It just takes a good mindset and nerves of steel. I was deeply invested in 2017/2018 in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long term plan for me so I invest and reinvest
@@bobbymainz1160 Search and connect with Eileen Ruth Sparks . She’s a verified CFP and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
@@lawerencemiller9720 I searched for Eileen by her full name and she seems quite trustworthy and knowledgeable. She is a fiduciary acting in the interest of the individual. So I left a message on her site, I hope she will answer soon.
what I will say is that it worries me a great deal that our president seems so out of touch with the reality of what is happening. I don't know if he's just trying to embellish it or what, but the reality is that inflation is at its highest level in 40 years and it's making life difficult for the average person... My main concern is now how can we generate more revenue during quantitative times? I can't afford to see my savings crumble to dust
I suggest using a portfolio coach who can provide you with entry and exit points on which assets to focus on. This way, you can get strategies designed to meet your unique long-term goals and financial dreams.
Right. I'm sure the idea of a portfolio coach sounds controversial to some, but new research from investopedia has found that demand for CFP has skyrocketed over 41% since the coronavirus outbreak until this day. Based on a direct encounter I can confidently say that their skills are top notch, accumulating approx. $1.75 million in savings to date.
@@marianparker7502 I'm glad to stumble upon this thread. Having approx. $1.75 million in savings is a milestone? Who is your portfolio coach and how can I contact him or her?
@@wiebeplatt4749 CORINNE CECILIA HEANEY is the licensed professional behind the success of my portfolio. I invest myself with her help, therefore, I am in full ownership or control of the funds in my trading account while my trades only mimic hers.
@@marianparker7502 Interestingly, I curiously searched her full name on my web browser and luckily came across her website. She looks flawless.
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. When only bad news is coming out and the market seems to only be going down, you can find yourself wanting to wait as an investor to buy more/ invest at all.
This is the reason why you need to get an advisor so you don't get swindled on the market. They provide tailored advice to individuals on securities, placing them into the best of the best.There are some bad ones out there but some with the good track records can be very great
@@louisairvin3052 I agree. Based on firsthand encounter with one Theresa Mary Chamblee, now i have 55k in a well diversified portfolio which has grown by 3x in the past 7 mnths with compounding, venturing doesn’t necessarily boil down to money but you also have to be informed, be patient and back it up with good hands
@Stanley Edwin Theresa covers things like investment, insurance, making sure retirement is well funded, Go over tax advantages , ways to have a volatility buffer for investment risk. many things like that . Just glance her fullname up on the internet .she's well renowned and has quite a following. So it shouldn't be a hassle finding her.
Recessions are an inherent aspect of the economic cycle, and the key is to get ready and adapt. I entered the workforce during a downturn in 2008. My initial job out of college was as an aerial acrobat on cruise ships. Presently, I hold the position of VP at a global corporation, own three rental properties, invest in stocks and businesses, operate my own company, and have grown my net worth by $500k in the past four years.
With supervision from an investment advis0r, I diversified my $401k portfolio across various markets, resulting in a net profit of over $850k within just a few months, thanks to high dividend-yielding stocks, ETFs, and bonds.
My financial advisor is Stacey Lee Decker, a highly qualified expert in portfolio diversification. Research her credentials, she's a valuable resource for financial supervision.
She seems quite knowledgeable and well-educated. I just Googled her name and found her webpage. Thanks for sharing!
I am trying to avoid making any new buys at this point in other not to get sucked into a bear market trap.It's tough making money in stocks when institutional investors are the driving force behind the selling.. although I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?
Right, I've been in constant touch with a fiinancial-analyst since covid . You know these days it's really easy to buy into trending stock`s, but the task is determining when to buy or sell . My advisorr decides entry and exit commands on my portfoliio, I've accrued over $550k from an initially stagnant reserve of $150K.
@@scoutirving9589 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.
credits to Frances Annette Batista, one of the best portfolio manager;s out there. she;s well known, you should look her up
I just looked up Frances Annette Batista online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals.
The storm is coming? fgs, we've been in the storm for more than a couple of months now. Anything more than this will be insane. To make matters worse, our government pretends like they don't see it. I for one has been hit very hard and at this point, I am more interested in a solution because I don't think an end is near. What is the way forward for the less fortunate ones like me? How do we survive this phase? I am slowly losing my mind.
Practical steps: Vote wisely, Spend only on necessities, Pay attention to your health, Try to spread your income source & assets (locally and internationally) and while at it, always make correct inquiries so you don't throw your money in the wind or better still, get the services of a pro (that way, you give little room for error and save time for other side hustles). Made my first million earlier this year this way and can comfortably wait out this "phase".. Good luck!
@@herbertAnderson534I Amazing approach though its quite as easy... You mentioned something about using a pro., if it's not a bother, do you mind telling who or recommending any good one? I could definitely use help right now as my finances are currently in a terrible state... I look forward to your reply...
@@charlesharrison3207 Funny enough, I can honestly relate. Nobody said it was easy as it takes some level of decisiveness and discipline. I don't know if I am permitted to go into details here, but her name is "Leah Marie Sandock". Was in the news a lot in 2018. You may look her up for more.
@@herbertAnderson534I wow I know this little lady. Once attended a fundraiser she was also in attendance in Vancouver,, Great speaker with a funny accent,, She's American though, I doubt she works with foreigners,,,
@@herbertAnderson534I Thank you...
Qardden token and amazon signed a partnership. It will blow up once it hits mainstream.
SCAM
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.
True, My wife and I are retiring this year with over $6,000,000 in tax deferred investments. up until 3 years ago we were 100% in the S&P. During bear markets we had a perfect plan. We got an investment manager in our corner and didn’t look at our portfolio for nearly a year. Just kept buying at low prices.
@@hushbash2989 Sure, the inv-coach that guides me is Patrice Carol Rainer, she's popular and has quite the audience, so it shouldn't be a hassle finding her, just search her..
Thank you for this amazing tip. I verified her and booked a call session with her. She seems Proficient..
speak to someone in your local area managing personal individual port folios over 1 million ..research heavily into the crypto market projects stick with the central banking digital currency's for now under the regulated ISO 20022 COMPLAINT BANK COINS there are other great projects but for now if your new to crypto understand ISO 20022 take a month or more to understand its significance ...why??? because right now you are on the ground floor ..positions now in time are going to make life changing wealth ...best a luck
There is more to trading than personalinsights on timing, Most profitable traders can't start all by themselves, They start with experts first then in the process of making profits they learn the key strategies to be profitable
Can one actually trade alone depending on his skill?.tried doing that but made a lot of losses
The technical aspects of trading holds the key to understanding the forex world at least with enough profit one can stand firm
@@idrisboyacoglu3745 To succeed in
trading.. You must have reviewed and put into consideration the dynamics of your trading assets in prior to investing, Analysis based on research is vital. that's why I strongly recommend trading with a professional if you don't know the basis.
Started investing crypto with Collins about 3 months ago and I must say it's the boldest decision I've taken since recently. I've made over $573k in profits.
I had a similar experience with Collins iceking, My initial investment capital was $1000 but made $13200 as profit in just the first week of trade. It was very big for me considering the fact that i have lost money in the past trying to trade on my own.
It’s crazy how the media sugarcoats this so people don’t panic.
For real !
It's like commercials for hospitals where everyone is smiling or laughing about receiving medical care.
There are still stories with the plot line, long term investors shouldn’t sell. I hope long term means more than a decade.
@@animusadvertere3371 good point. If you're in your 70s living off of your 401k long-term is pretty short.
To me it’s crazy how many people are constantly panicking. What’s the big deal? Everything is pretty normal if you ask me
How can people supposedly so educated be so blind . Things are just beginning to implode
Well, this group of people are experiencing financial circumstances differently. Also, they have been taught to spread manure to grow flowers. Therefore, we experience the economy at our income level with devastating inflation. They raise prices and experience growth on their side. The government prints more money. We get the money from the government inflation eats it faster than raises. They charge more for goods. As you can see it's not possible to keep this cycle running forever. At a point the top tier will feel some of this and have to give up on spreading the manure because it will no longer bring flowers. It will bring flies and maggots to a field of decay known as the economy. It takes time for the top to feel our situation.
Good question. Basically, it's because bourgeois economics are less concerned with actually uncovering the systemic laws of capitalist economy, and more concerned with defending capitalism and upholding it as a useful system.
because they regurgitate that which they have been taught ...educated? ...just another name for indoctrinated depending on the observer
Because they speak what they are told.
@@Windham25k Precisely. Bourgeois economics are more interested in defending capitalism than actually uncovering truth. As such these analysts will always be beholden to the interests of big buisness.
When lies are pretested as truth, nothing but pain and suffering comes from it.
only if you pay attention to it ...the opportunity in CBDC in crypto long term positioning for lifetime wealth is now ..i saw and acted on this in 2017 now its guaranteed ...if you pick the right assets and do your research
Lol, this fool really think everywhere gone have a recession except for America? Guy funnier than Dave Chappelle.
You mad the US Economy doesn’t collapse just because China and Russia are you going down the drain? Sad
Because we aren’t doing that bad. Hiriis hard, more jobs than ppl. I hire ppl for a good portion of my job and many ppl don’t want to work in conventional jobs. They are becoming entrepreneurs or working independently through agencies or remotely.
@@jennyfromtheblock.7153 look here jenny .....dont be fooled by the rocks that you got....now you got alot but soon your going back to a little...just like where you came from!!
He's a Democrat
Numbers for the US look really good in comparison. Maybe a mild recession, but nothing as significant as what is in store for Europe and especially China.
Inflation and rising prices had been horrible but I will always be indebted to you 😇😇 you changed my whole life I will continue to preach your name so the world will hear that you saved me from huge financial debt
Oh wow! it's really amazing to see someone else working with her. I make so much profit
The name tells something. I heard about this lady and how great she is, but that's all I know please. How can I talk to hER?
@@katherinecraig2966 you can reach her via her page
Telegrm👇
investwithvalerie ------
Not one economist has ever predicted a crash or a boom correctly. The FED, ECB and BoE economists have a consistent track record in getting it wrong every time. As for recessions its a natural part of an economic cycle. My advice is to look at bond rates, US dollar and price of crude to assess what is happening to the economy, and ignore 99% of all economists who seem to only know Keynesian theory & policy which is bad for every nations debt levels and economic prosperity.
"The FED, ECB and BoE economists have a consistent track record in getting it wrong every time."
Well, as long as they're consistently wrong...
Economists know that the economic cycle is real and unavoidable, but politicians try their hardest to prevent it from turning. It's ridiculous really.
I like 2-D axes, duuuuh.
Actually, Marxist economics has a very strong model for why we see consistent crises of the market. When you understand the mechanism for crashes, it makes predicting them more manageable.
Black swan incoming
We're headed for a Great Depression at this rate.
You can't print so much money and expect there not to be consequence.
He will never say so, but you are correct. Morgan S. and all others are on the same side - not to instill fear.
Yes and no. It’s all relative. On the one hand, us debt to gdp ratio is the highest it’s ever been. On the other, the rest of the large economies in the world, Europe, Japan, China, all have higher debt to gdp ratio and significantly stronger economic headwinds. So where are people going to put their money?
@@nocrtname Difference is, our US debt has been exported, while other, especially Japan, debt is kept in-house.
@@rjl9707 First of all, the amount of debt held by foreign governments isn't massive, it's about 16%. Second, who else's debt are they going to purchase? All the other major economies are in worse fiscal shape than the US, and the minor economies (like Switzerland) are too small to absorb the world's cash. No economy is deep and diverse enough, financial sector robust enough, military powerful enough (to enforce trade agreements), to serve as viable alternative. So yes, debt is high. There needs to be a better alternative for that to really matter though, and right now there isn't (nor will there be for the foreseeable future. Europe has not done what is necessary to avoid breakup of the Euro in the long term, China has huge demographic issues as well as environmental and geopolitical, and an immature financial sector. Japan has been stagnant forever and also has demographic issues).
Even if a country wanted to try and damage the US somehow by offloading all their treasuries at once (China, the largest, has 3.68% of US Treasuries), that doesn't affect the interest or principal payments on those treasuries, so they'd be selling their assets at a discount and shooting themselves in the foot while US liabilities remain exactly the same. If that somehow affected a treasury auction, the US would probably just eat the higher interest payments for a little while, and in the worst case the Fed could say "this is market manipulation, so we're going to take extraordinary measures and have some QE for X% of the estimated amount sold". Then they purchase some treasuries from JPM or Goldman and everything goes back to the way it was (except for the country that sold all their treasuries at a discount, they are left with USD that pay no interest).
@@nocrtname Borrowing money and accumulating debt isn't good economically speaking. Debt and borrowing money based economics create a rabid hole that's hard to get out. Not to mention having the best GDP while being a broke country isn't everything. You could have the best GDP but if you have a lot of debt you will probably not last long as a country economically speaking. People should be using tangible currency like gold and silver instead of crypto which requires connection to the grid which can go down due to some blackouts or the fiat toilet paper you call money which can be printed infinitely to the point where your toiler paper dollars lose spending value due to inflation. And borrowing money you won't be able to pay back isn't a good fiscal policy. The system worked only when people weren't borrowing money to purchase products/services. When borrowing loans became a thing normalized to the mainstream it scaled up the economy but in turn created national debt.
We are already in a recession 🤦🏽♀️🤦🏽♀️🤦🏽♀️
100%
Qardden token will moonshoot after CEX listing..
Nope
Incoming money is always a means for capitalists to collect money.
Lmfao the first 3 seconds are the best, when he remembers to put his fake smile on.
My wife thought I was crazy (maybe she is a little crazy for having so much faith in me) when we sold our house last year, at $20,000 over asking to move into an old 1875 colonial with a backhouse. The property needed (and still does) a lot of work. We convinced the owner into doing seller financing (no banks involved) at a 5% interest rate, this is when you could get a 3.2% rate at banks. (Now my family thought I was crazy). But here was the thing, I knew this crash was coming and knew rates were going up. But I wanted to get into real-estate investing at the worst time. So I prepared, and man was it worth it!!! We bought our property for $200,000. After closing and receiving the deed I had the house appraised for $320,000 (before renovation). We fixed up the back house into an Airbnb and have put all the profits back into the main house. I'm fixing everything myself so the costs are extremely low. We are ready to ride out at least a 40% correction and still be in the green. Besides, it'll take about 4 more years to finish this property hopefully that'll be enough time to ride this out before we refinance. Thanks for reading and may you be blessed. I have a video of the property on my channel (it's the only video lol.) The finished Airbnb video will be posted this January.
Good for you.
Digital currency will be in effect soon. It'll be a whole new economy, get ready, congrats with new home.
Heard someone say the best season for a financial breakthrough is now, especially with inflation running at a four-decade high. I have approximately $550k stagnant in my port folio that needs growth. What is the greatest approach to capitalize on this downturn?
Insightful content, very nice of you guys to Share.
long term markets can dip so buy in small increments as we dip and press on the gas when we rise
Open a share trading account on Wall st and trade options. Best way to make money in a snowstorm.
Buy canned food, medicaments and a lot of firewood. We will need it for the winter 👍
Loan your money to me... I'll pay you 30% interest... oops... bankruptcy sux for you unsecured creditor...
Thanks for the insight, but I'm still confused why Bitcoin and crypto prices keep dropping? This drop follows a number of other significant drops in recent weeks. I still hold enormous value of cryptos and it scares me. Whats your take on this?
There are many reasons for this drop in value. One of the main reasons is that there is an ongoing debate about whether or not Bitcoin should be regulated as a security or as a currency.
I would advice you to trade your assets rather than hodl for a future you aren't sure about, only predictions.
@@martinez2567 Well, I've tried but was so confused with the inflation in price, due to the pointers on how to make substantial progress in earnings?
@@beverly8480 If you are not conversant with the markets, I'd advise you to get some kind of advise or assistance from a financial/investing coach. It might sound basic or generic, but getting in touch with an investment broker was how I was able to outperform the market and raise a profit of $2.5M For me, its the most ideal way to jump into the market these days
@@martinez2567 That's sum cool profit. I dream of that
Watching this as the Dow has plunged almost 1300 pts today
Recessions are a necessary part of a cycle. It gets rid of the waste in the economy. The longer you put off a recession the worse the economy becomes.
Hmm yes..Like fever and fasting are essential for the human body. The longer you put them off the worse your body gets.
I’m in Japan and I just saw houses begin to let go at half the prices….starting from today…to me this is P.Schiff prediction right on schedule！
That's crazy.
I might leave my business here running and go buy a home in Japan. United States homes are super expensive and pushing people out of the city and into the rural and cheap suburbs.
@@Bnguyen276 i just want to remind you that japan had a lot of big earthquake, if you are ok with it, japan it is.
@@Bnguyen276 what state are you in with houses that expensive?
@@Chomusuke1 I’m just saying, United States homes has been sky rocketing in major cities. Honolulu,Los Angeles, San Fran, nyc is pretty expensive for a 2000 sqft home. Before COVID , the homes were a lot cheaper. Pretty much sure if I sell one of my tiny homes that’s 2 mil , I can buy something in Japan. 2 mil in San Fran is just a decent average home.
USA already had 2 q of contraction. If that is not recession, what is?
It's just self appeasement that they are not in recession and you know ignorance has no medicine
Lesson 1: Always consider the source. Here we have a Morgan Stanley employee. Morgan Stanley is a brokerage house. The source has an interest in painting a prettier picture than what is. Because of severely lessening of population growth rates (and even negative growth rates) in Japan, China, America and Europe, PLUS covid shutdowns and loss of production, PLUS the war in Ukraine, PLUS Brexit, PLUS political division in America, England, EU and Russia, PLUS China banking and real estate impending collapse, my guess is that we are all in for a bumpy ride like no other in modern times. 2001 and 2008 were mere hiccups compared to the global economic state we now see before us. Mi dos pesos. Signed - One Who Does Not Work at a Brokerage House
You forgot the 2008 problem got kicked down the road with 0% interest rates and the trillions countries owe.
Plus the geopolitical reset (worldwide conflicts) happening every one hundred/ decades since Napoleonic War
I like reading comments like yours. It is an undeniable truth that conflicts of interest drives the reporting, in fact my theory is that the mainstream message is "guided" by the, as you call it, brokerage houses, the so called "wall street, big money shot callers" to further exert control over individual investors, as to stimulate them, dumb them, confuse them, and not cause panic. Furthermore, FED's policy which is based on two mandates (i.e. employment & stable prices), which creates "business cycles" (and perpetual debt), has been RETARDED, and especially since the housing crisis of 2009... Case in point:
- artificially sustained, prolonged period of "free money" (near zero interest rates), which created unsustainable debt; addiction to debt; and a lot of zombie companies who are not/will not be able to roll over their debt at higher interest rates, &
-Quant. Easing- buying Mortgage Backed Securities (including toxic subprime mortgages that got us into 2009 fiasco in the first place). Now they have to unload that.
...Moral of the story is that as long as governments can borrow (as long as there is demand for treasuries; petrodolar; and dollar being the reserve currency), the system will hold, with exponentially diminishing return on investment, i.e. bang for the buck, or in other words, stimulating effect of expansionary monetary and fiscal policies will not have the anticipated effects on the economic growth (GDP)...
greater
And just think , you could of made a much much much longer list of factual examples. Great to see some people are truly paying attention.
@@lukedziuball2298 It is good to hear from the brokerages houses but only so far as to set the stage for some expert, unbiased analysis. The latter did not happen in this interview.
I want to start investing but with a possible recession looming would it be unwise to invest at the moment? I've $1M to place advantageously, spread across various areas in the financial market
@Lloyd Bernard I tell people this all the time, knowledge is VERY ACCURATELY wealth in a very direct fashion. The more you take the time to read and learn then the more wealth you will have, it's a very direct correlation.. Please, how do i reckon with Katherine?
@Lloyd Bernard Out of curiosity, I lookedup Katherine using her fullname and she seems pretty tight and outstanding . I read through her resume, educational background. She’s a fiduciary who will act in any individual best interest. so i book a session with her
How are we still arguing on if we are in a recession?
The only leading indicators that say we are not is the labor market/unemployment rate… but how can you rely on this when Covid completely has muddied the waters?
European energy crisis is not being priced in enough + inflation is still well above the target = higher federal funds rate until it moves down. The crazy part is inflation is still significantly driven by supply constraints.
But why are stocks still rising 🤔
@@harryharrison362 which ones?
@@harryharrison362 People are getting smarter.
Why the supply constraints? USA economic war on China and Russia. As soon as the USA get rids of its war loving leadership, everything will go back to a healthy state.
Hit 120k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in January 2022.❤️
I've got up to 700K returns since I came across Mrs Alice trading platform, My financial life has completely changed all thanks to her awesome trading strategies !!!
@Michael Roger
I'm baffled by the fact that you guys still think you're not already in a recession. Who are you trying to fool? LOL
what stocks should i buy during a recession just to be still profitable during that time? :D
@@onderosoy3746 is this a stock advice channel?
@@onderosoy3746 take advice from nancy pelosi
@@onderosoy3746 any cheap fast food stocks are recession proof ofcourse they need a strong balance sheet
@@onderosoy3746 if you are asking for advice on youtube you arent ready to invest my man
Qardden token will make millionaires, after CEX listing it will blow up.
A storm each of them had a greedy hand in creating
Trump told Germany they would go down with there Deal's !!!
We use to be totally energy independent in the USA. What in turn means, a very wealthy country.
Use to be.
Until the Potato Head shut the Colonial Pipeline with his executive order during his first day in office.
Food super expensive.
Energy super expensive.
Yo, let's raise interest rates and squeeze home owners even more.
...makes sense.
Interest rates are the only weapon to lower inflation. You lower inflation by making borrowing more expensive, cause we’re a debt driven economy and it lowers demand for goods.
@@mcied1 yeah but it's going to screw ordinary people not the elite politicians or the wealthy.
@@harukrentz435 no other way out, the era cheap free low interest rate money is over
@@twostop6895 And it can't come quickly enough. This nonsense should've been curtailed last year, maybe around the same time Republican states started cutting unemployment benefits early? Nope, the Fed was still pumping liquidity then, but those still out of work were left out in the cold. QT hasn't even made a dent in the balance sheet yet. Time to step things up. But it has to be done in a way that preserves wealth for those who matter... I'm cynical, but remember Jerome Powell and co. dumped their stocks right at the top. Coincidence?
@@freethinker9071 it's crazy isn't it?, what do you think might happen if they focused on fixing our supply side issues? Any hope there?
That previous post about making money is a scam they try to get you to contact for info then rip you off
Whenever I see those scam posts, I report them to Google.
@@Max-nt7ho Me too. Far too many are still appearing. Google gets 10% . . . ?
Here in the U.K. the economy will certainly collapse due to massive increases in energy costs. We are facing price hikes of well over 100% this Autumn and further huge increases next Spring. This will effect every aspect of life, especially small businesses. Many are expecting quarterly elecrcity costs to rise from roughly £5,000 to well over £15,000. In a Country built on small to medium businesses this will be catastrophic.
No it will not "certainly collapse". The government has already stepped in to prevent energy price rises becoming unaffordable for homes; something similar will happen for businesses I'm sure. Throwing money at problems is all they know how to do, and they're not about to stop now.
Hmmm, it seems like all of the normal folks already knew we've been in a recession for months now... Analysts these days are so behind on news it's funny.
behind or lying lol
I don't see the housing sector imploding in my area (Lexington-Louisville)--quite the opposite. Housing prices are going UP and houses (unless they have structural issues etc) are selling a few days after they're listed for at or close to list price. The only difference is that people don't appear to be paying over asking price, but houses are marked up to twice or even three times what the sellers paid for them 2-5 years ago. If a seller can't get his price, I've noticed that they just pull them off the market. The housing market appears to be permanently broken by investors using that free money the Fed rained on them from 2020-2021 to buy up the decent inventory and either demand outrageous prices for it or hold it unavailable. Those same investors, large and small, are NOT going to stand for sharp price reductions, and if it comes to that, will demand (and get) huge bailouts from our corrupt government.
Sooooooooo that sounds like a bubble …..
Give . It . Time!!
@@joshstovall1944 They don’t know.
People aren’t buying homes anymore because the housing prices are so high. The demand is at its lowest since 2009. I’d give it until at least January or February the earliest, then it will start tanking
Recessions have two sides what you are seeing is the supply side which happens when there is to much capital in the Market that causes inflation and whatnot once the banks get that capital back they'll induce the Demand side which is there is no more loose cash flowing around and the price someone is willing to pay will show I.E. im not paying 400k for a 200k house 🏠 lol
I don't think this guy realizes how dire of a situation the U.S. economy (indeed the entire U.S. Empire!) is in.
We are facing internal collapse and the worsening economy will only ensure our demise as a rich Empire.
You cannot have a stable society when your middle class is hollowed out.
The U.S. is now a Monarchy with the few super rich top 10% and the bottom poor 90%.
And we all know what happened to the Monarchy throughout human history.
He is a Dem recession media denier he gets paid to say stupid things in face of reality
This has literally been occurring for the last 100 years; this is nothing new.
What in the world are you saying? The US is in a recession and there is nothing that we can do except get rid of our administration
UK food prices are relatively
stable, given seasonable adjustments and post “covid” shortages (including employment and tourism) and brexit difficulties.
The real problem is the huge reliance we have on fast food, other forms of take-away, and restaurant attendance all of which have steep overheads, and all of whose staffs are demanding wage imcreases on the basis of the emergy crisis.
So the solution for UK is, obviously, more home cooking. But how many of today’s young adults are capable of handling that ?
"So the solution for UK is, obviously, more home cooking."
You mean home-microwaving. For many people, it's becoming expensive to cook food, hence the reliance on takeaways. Microwaves are quicker and use far less energy than gas ovens.
Gas cost applies to commercial cooking too!
But certainly microwaves are handy - I cook rice, lentils, pasta, vegetables that way. You can also get electric steamers and cook several items simultaneously - same applies when using the oven! Using one’s initiative you can prepare several days food in one session thus saving time as well as energy! Personally I cook three meals a day seven days a week. So I know what I’m eating and how it was prepared and cooked.
And by the way. I suggest you turn off your fridge - in winter at least -
It’s:- you’d be well surprised how many items don’t actually need to be there. I’m vegan so I have no dairy products, and my fridge is off pretty well the whole time - even during the recent hot weather
There appear to be a few low IQ types in this comment thread, so I’d better make it clear: when you cook rice etc in the microwave you do need to add water, same as cooking them on stove! I forgot to mention porridge in previous comment, which is perfect for microwaving and is a sustaining and healthy way to start the day:- no sugar or milk now, raisins are good cheap sweetener and contain iron which is valuable especially for women and several other important minerals
In a food bank in a badly deprived coastal UK town the volunteers were giving cookery classes. Only one of the 10 young adult parents had never peeled an onion.
Food Banks: I have to say they are a function of which I am extremely sceptical. I believe you can only benefit from their fare once a month and then only with a GP authorisation. It’s hard for me to see why young adult parents should be frequenting them: old age pensioners with no other income would be much more needy I would have thought. I have actually heard of people arriving by car to collect their food parcel!
Peeling an onion. Yes, indeed: a skill we should all have at our finger tips.
We've seen the rich get richer for 2 decades now comes the poor getting poorer
Glad I’m on the wealthy side
What statiatics are you looking at?
@@wread1982 glad you on the losing side
@@wread1982 Then please don’t forget to help the poor
Too late for that
You show a chart with two quarters of negative growth, the FED is in a tightening and removing liquidation from the market. The United States is in a recession technically and will be in a recession shortly
US and Europe are collapsing
Never underestimate the power of the printer.
Let's all throw are hands up in the air, run around in circles, and scream we are doomed! Maybe that will solve all the world's problems!
It really is just at that point now, because we’re going off the rails on a crazy train. Nobody can even begin to predict when we’re stopping
It might help,
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life
Yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too
I follow Michael Hudson, Tom Luongo, and Fabio Vighi, Who is behind the curtain?
Good times ahead!
I never understood the point of printing more money , like if they print and people eat this money .
I thought there is cycle of spending , and government return them every month .
We are in a recession, period.
Changing the definition after it happens does not make it go away!!!!
Calling a turd a rose doesn't make it smell better.
USA was in a bubble…..now it is deflating.
Whether it is a fast deflation or slow deflation is left to Powell.
Europe is screwed. High oil prices and uncompetitive prices …..increased military spending required.
China will get the chills from the cold wind.
Let's see who are left standing after the storm rolls over. There is no question that the UK and Europe have already gone under. Those that seek to rule the world by unfair means will pay badly just as those who are unable to think or have benefited in non-thinking.
Seek to rule the world? Lady, regardless of what you think of anyone in the Western world, we weren't asking for any of this. There was a power vacuum after WWII, and we happened to be the victors. You have no idea how tired US citizens are of sending aide to every country but ourselves.
@@mbr8167 Louis is a man's name, brosef.
Wtf, not in recession on US. Wasted a minute of my life.
The US is already in recession... or stagflation to be more precise.
Let's go Brandon!
I sold enough overvalued stock to pay off the small mortgage on my 5 acre food forest with a modest home.
2 years with zero debt!
I am careful with food prices, and changed my diet accordingly. My garden is mostly harvested and preserved, but this year I started eating my winter preserves already. I add one 2' raised hugelkultur bed every year, using them as an "earth berm" around my house to moderate temps.
Do what is best for you and your family.
I sold my mansions in Beverly Hills and have a modest home in Paris now. Yes, everyone knows our struggle.
USA recession is coming big dawg, we're already in a technical recession and it's just a matter of time till financial asset prices(stocks, bonds, real estate) which depends on stimulus crash and burn.
Considering the Nasdaq 100 rose by over 140% from the covid lows to the ATH in November 2021, and that the index is still up 86% from the covid lows, I'd say it's about time for this bubble to be popped. Unfortunately, as always, it's going to hurt the poor and middle class harder than the rich, elite, and oligarchs. In fact, they will swoop in and scoop up assets at low prices, securing yet another transfer of wealth in their favor. Lovely system we have, isn't it?
Their recession definition is when theirs a depression
@@60secnews27 unemployment is a big factor why they don't want to call recession, but we are in a technical recession right now. Once unemployment stops going down and then starts going up which could take 3-6 mths we'll be in an official recession
Remember in the movie Christmas Carol where there is an old, callous man who forgets the joy of Christmas. Most will forget the type of global market situation in which this man lived. So, to all Europeans, I say "humbug."
Worst really coming without the removal of over used sanctions said....period ...
We cannot have both record-high inflation with rising interest rates and GDP growth.
The recession is already here and will continue to get worse.
Do not focus on "unemployment" but rather look at the Labor Participation rate.
Why would it be any different now than it was from 1977 to 1981?
No one is talking about the US printing of Dollars in just 2 years during Pandemic. With so much cash floating around the world how can there be no effect on the world?
good perspective, i wish people would talk their points of view and informated opinions like this man. You can agree or not but i'm sure you miss this level-headedness & straightforwardness
The US and China should participate to solve the problems, while they are fighting.
They are participating for a new world order. They didn't put you in the loop. Agenda 2030
A process long overdue has started and there is no going back.the dollar must die for the free world to exist.
It is time to legalize Cannabis, our economy needs it, I need it too, legally.
Boy that will sure help your future and brain and work productivity lol
Chicago it's legal to MURDER anyone !!! Just passed a law !!!
Thank you
We can change the financial structure
So we can have stability.
If you redefine recession then no we are not in one.. however we are in one it’s not real horrible at least not yet. In america at least it’s self inflicted covid may account for part of it but a large part of it is not being energy independent anymore scoff if you like but it’s the truth. If thinks had been left alone not only would we be energy independent but the keystone pipeline would be supplying Europe with much needed energy make no mistake the pain america is feeling is directly related to the leadership of this country like it or not that’s a fact
Learn. Punctuation. Dumbass. 🤦♂️
It is simple
When inflation is bigger then wage growth, there will be less demand and recession.
Recession everywhere, nice!
Is a recession really inevitable every once in awhile, or is it just economic incompetence?
If the goal is global consolidation and control over people they are very competent.
It has cycles. Look for Ray Dalio's video on it.
It has cycles and the economy does go in and out of speed once in a while but the degrees can vary wildly. That's why people are talking abt soft landings and such.
@@DeedoDoop Money used to be a means of exchange, but now is a vehicle for control. When international central banking interests (controlled by the royal bloodline) started inserting it's banks into countries everything went downhill. You are right that things operate in cycles, however that cycle is always trending downward for the people and upward for international banking interests. Their profits go up while your money is worth less and less every year. Cash used to be redeemable in gold and coins had real silver. Why do you think that was taken away? Soon you will be operating on a digital surveillance system with out any privacy.
The moment of reckoning creeps closer
Unless we increase the fiscal money supply, we will NOT see a general inflation.
long term markets can dip so buy in small increments as we dip and press on the gas when we rise
So looking forward to the revision on this right after midterms. I don't see a scenario where every precariously placed social, geopolitical and economic domino - and there are a lot right now - somehow manages to fall and not hit another.
Also, please stop talking about the employment numbers; the current massaged calculation process for those is ludicrous; if everyone had a firm grasp on the current methodology there would cause laughter, then shock, then pitchforks and torches.
Enough spin; honesty and transparency are the only things that will allow us to tackle what's coming.
The strom started in feb 2021, you guys are living on another planete right......???
Has any economist gotten anything correct in the last 4 years? I missed it if they did.
We are going into tough recession
Who paid this fool to say everyone is having a recession but us lol
You have to laugh at USA's constant BS.
USA Economists keep saying the same thing for a long, long time and ... NOTHING comes to fruition. So there is something seriously wrong with USA's Economists final analysis. I think the problem is, they do not take into account that USA just prints money, skewering their conclusions. China is not collapsing. China's REAL profits may have shrunk because of the Pandemic that is affecting the WHOLE World. China believes in saving its citizens hence are still in lockdown where-ever there is an outbreak (not EVERYWHERE, only in places that have an outbreak, then they open up the place and look at other places around China to lock down ... it's like putting out the cinders). As a result, China has had under 6 THOUSAND Citizen's deaths from Covid-19. USA are just driven by money and they're just anti-lock down and they don't even encourage Mask wearing or Vaccinations. As a result of pursuing MONEY, USA haver over 1.2 MILLION Citizen' deaths from Covid-19 (and China is 4 times larger in population than USA).
So here is USA Economists problem. China is still fighting hard to save their citizens and are willing to have a drop in PROFITS (still making Profits, but not as much) ... hence their data readings for China. USA are driven with all it's might to maintain PROFITS, and if the Profits are down ... USA Print MONEY. Hence why their USA conclusion are skewered.
Basically, China's economy is concrete ... but controlled. USA economy is NEBULAR and out of control.
So, the concern is NOT China's Economic Collapse (far from it) ... the concern right around the World is USA REAL ECONOMY COLLAPSE ... hence why Countries all over the World a dropping USA's Petrodollar for Trade ... it means nothing because USA can NOT back up the Petrodollar anymore.
Just pointing out why their constant predictions do not come into fruition. They do NOT have all the parameters at their disposal. Cheers mate.
Deep state.
Self appeasement!
Brandon did
Exactly why I’m not touching stocks or realestate with a 10ft foot pole!
The biggest threat to our economy is the lack of qualified and skilled employees not inflation. Actually the shortage of skilled employees will cause inflation and slowdown innovation and productivity. Lets fix immigration and bring in quality people that can help our economy. We have a strong dollar which means investors are pouring money into the US. Lets get the people to capitalize on that.
Absolutely. We need more engineers welders plumbers… Our economy is so dynamic that high interest rates can’t break it. We need to build FLNGs and get more natural gas to the EU
There's no shortage of qualified labor. There's a shortage of pay. Employers want to give 1990 wages for 2022 work. We aren't picking cotton for free anymore.
🤣 USA will be fighting for people to emigrate soon. Most democratic countries have a declining population workforce and a increasing population of old people. The country to watch is Japan as their population is really declining at an alarming rate and will rely on immigrants in the short term. It will be interesting to see if Japan will be the first country to use AI and robotics in nearly all of their industry and not rely solely on immigration.
@@moemuggy4971 Not for long. Boomers are going into mass retirement - there's not enough Millennials and Zoomers to make up for the Boomers retiring. There will be a labor shortage. . . Sooner or later. . .
No, we have a shortage of training and a lack of jobs that pay a living wage. We are full.
Does anybody remember the 1929 stock market crash and what happened after it??
Recession started already big time in USA & Europe. Gets worst towards end year
His point (along with Mike Wilson) is true only if inflation remains at high level. Feels like more people are betting that’s not going to be the case.
Welp she’s still pretty high soooo……
a recession is when your neighbor loses their job, a depression is when you lose yours. We are headed for a great depression.
Blame your sadistic president Biden and Trump. These miseries are just result of trademarks, sanctions and Ukraine war. Those two sadistic started all these.
Ronald Reagan couldn't have said it better :)
Oh nice, where did you get your economics degree from??
@@citizenk812 The guy that every modern politician follows and manifested trickle down economics killed the US.
I have been waiting for normal for the last fifty years, everything has just gotten worse.
Interest rate rise is going to destroy all economies. Rapid interest rate rise is going to create economical and financial crisis.
Too late for that
Up until a decade ago, normal interest rates were 5 to 6 percent, and now everyone thinks 3 percent is disastrous. Because a majority of Americans have never seen normal interest rates or a recession. let along high inflation. or high unemployment. . I myself have seen 10 percent interest rates and 30 percent unemployment and I survived.
Where did they get these numbers? Not what I see at the end of the day..this has to be reaaalllyyy old
This guest was talking about US hoping to avoid a recession. Too late, US already had 2 consecutive quarters of negative growth.
He is a saying a sort of slow down like 2001 is coming to US than 2008 financial crisis.. I don't know what is this guy smoking ? The coming depression makes 2008 seems like Sunday afternoon picnic.. Get out of stocks as fast as you can..
The unemployment rate is as off base as Carpenter's predictions.
It took a year and a half to get us in this mess and will take at least 5 to 8 years to get us out of this and back to normal. In the mean time I am patiently waiting to buy up as many foreclosures a possible.
The UK was proved right in not accepting the EURO
Western countries have to start producing goods again not just to import from China, India, Vietnam...
Then start making high tech products coz you simply cannot compete with cheap manufacturing in those countries unless you lowered your standard of living.
That will never happen, Mike. Sadly, corporations have gotten used to squeezing profits higher and higher, and they did this by outsourcing. Onshoring manufacturing would create unsustainable costs that the ownership class would never accept. The irony is that their own greed has basically painted them into a corner. How stupid, right? Send jobs overseas to crank up the profits, but when the fails what are you gonna do? Oh, I know! Outsource manufacturing to Mars! I'm sure for the right price, Elon Musk could come up with a "plan" to do that! 🤣🤣
India's exports are very weak, and the goods exported by India are not competitive. I don't think India should be included here
Watch next summer
Lololol. I was out shopping in Warsaw yesterday and people were spending money like crazy.
It’s already happening.
What are these so called gurus talking about. Seriously delusional or intentionally misdirecting people.
My bet is on the latter. They can't possibly be so dumb that they believe in the BS they're spewing.
Sugar coating it
why is the guy in video saying it wont be a bad recession despite a once in a century pandemic its like that doesnt make it high chance
And just two days ago they said S&P going to end the year higher lol.
Market tanks one day and everyone panics, kind alike covid, I’m buying buying buying
There is no storm, only this video title is a storm trooper.