'NERVOUS': Economist sounds the alarm on recession, gov't spending
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- เผยแพร่เมื่อ 21 ต.ค. 2024
- RBC chief economist Francis Donald analyzes the 'huge divergences' in the U.S. economy on 'Making Money.' #foxbusiness #makingmoney
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Is the stock market getting better or this some election time manipulation to entice new investor? My portfolio has done well all year, but now I’m feeling the pinch. My returns have dropped significantly by 6%, and the market’s all over the place. What do i do?
IMO this rate cut will a create new buying opportunity, but given the current market uncertainty, have you considered consulting a fiduciary advisor?
Over $6 trillion is in money markets earning high interest, but Fed rate cuts will push this money into equities. A crash/recession can be discussed after that shift. My financial advisor has helped me understand the market, gaining 25% this year under her guidance.
I've been looking to switch, but have been kind of relaxed about it. Could you recommend your wealth manager? I'll be happy to use some help.
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I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.
It honestly feels like we are already in a recession. 😢
Have been for 3 years plus.
As a Iranian American I can tell you if you don't vote Trump is game over.
he spent $8 Trillion Dollars on Billionaire Tax Breaks???
@@michaelWells-ef9bxto bring jobs back and for companies to hire more and raise wages for Americans.
@@skidit100 Yes please!
No taxes on SS.
No taxes on tips.
No taxes on overtime.
Coming soon by Trump.
I don't think that plan is a good idea especially for SS
Don't be so ignorant, Trump has the best plan. For goodness sake, all the money spent on illegal immigrants need to stop, and stop importing them, stop giving our money to Ukraine & green peace bs that goes to terrorists groups. And Elon will clean up the government spending & those democrats that are stealing our money, especially those that send to other countries that really line their pockets.
@@rjs7984 your mom, who pays the bills, while you live in her basement, thinks otherwise
Lolita express flies The lord of lies Through troubled October skies Wile weird jd draws flies 😊
@@rjs7984 Obviously you're not on Social Security! You don't even try to explain why you don't think it's a good idea.
I am an absolute idiot but I think I heard unless you are at the top 20% you are out of luck.
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Who do you copy from and how can I reach him to copy too??
He’s mostly on telegrams using the user name
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That’s because we are. 2008 never ended they just papered over it.
The govt doesnt make an economy it can only hinder its efficiency and growth.
Too late, gold and silver already sounded the alarm.
Glad she spoke! She sound confident and know her stuff!
They know its really bad now and they waiting for trump to come in then watch how bad they say everything is all ofva sudden and they are going to blame him for everything non stop headlines
NOBODY BUT Biden and Harris to thank for this
You must not have been paying attention about four years ago. Trump pretty much ruined the economy and mismanaged the Covid crisis. Unless you were rich, then you, like myself, did well. Trump has been bankrupt six times. No lie.
For old times sake: "Let's go Brandon!"
Hearing about recession since 2021 yawn
interest on the debt will topple us soon. oil is the only thing value dense enough to reverse the situation.
Also, you economic masterminds who don't know how government spending nor money printing works, keep predicting an immediate recession for years now. Literally every single day. Knowing that you are manipulating technical indicators which even rookie traders know are not some magic crystal ball.
@@timothylopez8572 Anyone who knows anything about Economics knows $35,000,000,000,000 in debt is unsustainable.
@@timothylopez8572 And anyone who knows anything about debts and recessions knows how much worse this one will be than 2008's.
I hate being in the 80%!!!
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Been soundings the same alarm since the last one when the Debt was only $10 Trillion.
Totally
It’s gonna be epic
Inflation is tax
Yayyy. It's finally coming... tired of waiting.
Putting it a nutshell we are being turned into a third world country
Best economy the government can buy. That money is running out though
US has been pushing the idea, debt is a tool not a problem. So why worry.
Glad somebodies are talking about this! K-shaped recoveries ARE terrible for ANY economy in history!
Stop it! You act like this is the first time....
When has it ever been any different ??
Fox's outlook when the mango musalini crashes😂
My question would be over in Ukraine. We're sending money to Ukraine. Isn't that war time? I mean, we're not sending troops, but we're sending money. So we're participating in war time, sending money to another country to do the dirty work of war
We're not lawfully at war if Congress doesn't declare war.
I'm supposed to listen to an Iranian for advice about electing a President?
Hi
Wall Street,
Keep trying to scare me out of TLT, and you'll lose 1000x more. 😢
Ooo more doom and gloom from the entertainment channel.
MSDNC says the economy is great as does NPR, lol I know! Trump 2024!!!!!!!!!!!
2 ? Comments?
Came here to read ?
Zip, nada, zilch! What with TH-cam?
Gold still going up ? Inflation devaluation still growing killing $ purchase power! Brick of gold trade for loaf of bread ?🥖
No one wants to talk about the topic. Enjoy now. Cry later mentality
COME ON everything is fine,just dont look behind the curtain
Says you. Who are you?
@Jeff-ih8gi guess u didn't see wizard of oz
@@Gregorysonlinechannel Huh?
Manipulative liar. That's not how government spending works, nor inflation. The government doesn't get to just print money, or we wouldn't need to whine about taxes or the budget. It's a biproduct of fractional reserve banking.
Uh, we have completely monetized our debt. The Treasury and Fed work hand in hand now. The Treasury absolutely does print, and the Fed buys. Look at its balance sheet.
@@srp7038 Uh, you don't know what you're talking about. Have you ever heard about Fiscal Policy?
I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks or Crypto will be appreciated
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I don't really blame people who panic. Lack of
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Recession would follow Trump. He tanked markets twice in his first term.
LoL the lies & blaming Trump are is so freaking ignorant. KAMALA & biden ARE IN OFFICE & HAVE BEEN FOR ALMOST 4 YEARS. THEY ARE THE ONLY PEOPLE TO BLAME PERIOD. LOOK AT ALL THE MONEY KAMALA SPENT ON ILLEGAL IMMIGRANTS & FLYING THEM INTO OUR COUNTRY & FREE IN STATE FLYING, ROOM, FOOD, CASH, CELL PHONES AND ALL THE MONEY SENT TO TERRIOST GROUPS, AND FOR F$CK SACK ALL THE MONEY TO UKRAINE AND WE ARE PAYING THEIR FOR THEIR WELFARE CHECK, JANITORS, FOR EVERYTHING. ALL OF THIS IS KAMALA & BIDEN
It's going to crash no matter who is there. It could be Jesus and national debt would not change
Recession is going to happen no matter what president. Less chance it happens under trump then Biden