CTA-Timer Pro (Trade with the Machines) $30/mo — Get it before it goes to $40/mo!
Markets Insider Pro™ (Steve, Jeff & Tracy’s Research and Trade Reports) — Currently $60/mo with coupon (follow the link below) before the last of the coupons go.
Portfolio Shield™ (Steve & Jeff’s Momentum-Based Investment Strategy)
Portfolio Shield™, Momentum Timer Pro™, and Markets Insider Pro™ are unregistered trademarks of Steven Van Metre Financial.
Watermark Artwork by Jasmine Miller Twitter: @jazcreative
Atlas Financial Advisors, Inc. (AFA) is a registered investment adviser and the opinions expressed by (AFA) on this show are their own and do not reflect the opinions of YouTube. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.
Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.
Public comments posted on this site are not selected, amended, deleted, or sorted in any way. If applicable, certain editing of personal identifiable information and mis information may be deleted….(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
Stocks Will Crash and Layoffs Will Surge as BofA Warns We Are Weeks Away From a Major Recession
The global economy has been hit hard by the ongoing COVID-19 pandemic, with many countries experiencing economic downturns and struggling to recover. As the situation continues to deteriorate, fears of a major recession are intensifying. Bank of America (BofA), one of the world’s largest financial institutions, has issued a stark warning that we are just weeks away from a severe economic downturn.
BofA’s warning highlights the fragility of the current economic landscape, which has been exacerbated by the unprecedented lockdown measures implemented to curb the spread of the virus. With businesses shuttered, supply chains disrupted, and millions of people unemployed, the global economy has faced an enormous blow.
One of the most immediate and visible repercussions of this economic crisis is the steep decline in stock markets worldwide. Over the past few weeks, major indices have seen significant drops, erasing trillions of dollars in market value. BofA predicts that this downward trend will only worsen in the coming weeks, potentially leading to a collapse in stock prices.
The crash in stock markets not only affects investors and shareholders but also has broader implications for businesses. With companies experiencing a significant decrease in their market capitalization, they are forced to reassess their financial health and make tough decisions. These decisions often result in layoffs and downsizing to minimize costs and sustain their operations.
Layoffs and job losses have already become a reality for millions of workers across various industries. As economic conditions worsen, many businesses are struggling to stay afloat, let alone maintain their workforce. The grim forecast presented by BofA predicts a surge in layoffs in the near future, as companies are left with no choice but to jettison employees to mitigate financial losses.
These potential layoffs will further exacerbate the already dire situation for the labor market. Increased unemployment rates will undoubtedly put strain on individuals and households, leading to a significant decrease in consumer spending. This decrease in demand will, in turn, have a detrimental effect on businesses, potentially creating a vicious cycle that inhibits economic recovery.
The warning from BofA should serve as a wake-up call for policymakers and governments worldwide. Swift and effective measures must be implemented to avert the impending crisis and soften its blow. Governments need to provide targeted financial support to affected sectors and individuals, ensuring that the economic fallout is minimized.
In addition, monetary authorities must take decisive action to stabilize and restore investor confidence. Central banks should consider implementing measures like interest rate cuts and aggressive asset purchases to inject liquidity into the financial markets.
Furthermore, efforts should be made to strengthen international cooperation to tackle this global crisis. Countries need to coordinate their responses, exchange best practices, and support one another to mitigate the far-reaching impacts of a severe recession.
While the warning of a major recession may sound ominous, it is important to remember that crises are not insurmountable. With the right policies in place and a commitment to collective action, economies can recover and rebuild. However, time is of the essence, and governments, businesses, and individuals must act decisively to steer the global economy away from the precipice of disaster.
All my stuff up. More than i expected. Taking some $$$$ off the table.
"Weeks away from a major recession". That was two months ago… Some old BS and clickbait!
How many more weeks?
This video isn't aging well.
Tired if this crap.. let it all crash already
Van Metre, name on the bottom of a cast iron skillet…
Don’t sit down and watch recession eat us up, we should get into something profitable at least a weekly source of income.it’s been all beneficial after giving a trial to Bonaveststockfx which is profitable you can check them out and see for yourself.
I appreciate the creators of this broadcast it really has a great content and raw facts keep up the good work.
Wtfu people. Do not keep giving them control. Don't believe me, believe HISTORY.
How do you get the Fred graph to look like that? I’ve tried looking at the site but it only allows me to see the graphs separately not together .
major push back for any reason is mostly to blame the super greedy big banks, who once again by greed are fcking over the public,
Don’t we really have a digital dollar already? Debit/credit cards. How many people actually carry cash?
Meh.
Then you can say I told you so. Your reputation will grow.
What if it doesn't happen? will you hide somewhere for a while say 2 days or 10min and then reappear and make another prediction?
The process repeats.
I hope so
Good time to put your faith and trust in Christ as Lord and Savior if you haven’t done so. He took our place on the cross to pay the penalty for our sins. He is the perfect, sinless lamb of God. Things are unfolding in our nation and world exactly to Gods plan.
The solution is to use your constitutional right and get rid of your government and start over. Its all planned.
Great. I love it. Americans deserve nothing less. Let’s keep letting incompetent fools, democrats, continue to steal elections.
Old news now. First Republic Bank has been picked up. The banks who are doing things they're not supposed to do are the ones collapsing.
Well, when it crashes….perfect time for investing at the low!
Does not one person have a specific recommendation?
Seems like we were only days away from a major crisis weeks ago…
Americans need to choose, to fire their politicians, or be fired by their politicians.
RIP-https://www.youtube.com/watch?v=rgslVqhCNBA&t=962s-
America is at war with its own self. This place is nothing but an overgrown Police State with the likes of the NSA, FBI, DHS, and all these other alphabet soup agencies that they have concocted up. The funds that these morons receive could end the homeless problems in 5 years and could do so much more, like fix this failing infrastructure. These inner cities look like something from a 3rd world country. DHS alone receives 50 Billion dollars a year alone and what the f#ck are they actually doing, there are mass shootings every other week in this corrupt shithole. This place gets what it deserves being that it is being run by a bunch of pathetic crooks who could care less about the future of this shithole !!
BEST NEWS I HEARD ALL DAY !!!
If you need a job emigrate to Canada.
Unemployment? There is no such thing ppl need to get a job and stop slugging
I am seeing too many “experts “ predicting a crash, when that happens the crash doesn’t happen
i heard that bla,bla over 8 months, is going to be by the end of year
We are coming up on the 5th Generation anniversary of the stock market Crash of 1929. That will be in the last half of July. Look for the crash to happen from Thursday, July 20 to Friday, July 28.
Oh boy, the Chicken Littles have been at it for months and the economy just keeps rolling along. Do you think you have any credibility left? Around here every other business still has "help wanted" signs in front of them. Housing is still booming with new housing tracts going up all over the place. Retail stores are booming with business. Restaurants are crowded. I guess "doom and gloom" always get a lot of views.
thank god can"t wait.I need a new vacation house and a new boat.
We dont need to worry about recession anymore because we can just call it not a recession and it just goes away. We now live in a "Modern monetary thievery" system of unicorn economics.
Slur much….?
Robbers of people's money at Fed
He says this all the time
I'm no longer waiting for a GRANT LOAN because I acquire $28,600 every 7 days recently.
I'm wondering if people who went through the financial crisis in 2008 had an easier time than me right now. The stock market is making me really worried because I've lost over $27,000 in just this month and I'm not making as much money as I used to. This is making me concerned that I might not have enough money saved up for my retirement since I can't add to my savings.
I'm glad I got into trading when I did because it was a turning point for me financially it was my best decision ever. All thanks to Mrs Shana Heckel her set skills are amazing.,
So lets limit the debt, and put the government into default, and crash the banks. Go Keven McCarthy! Fools rush in.
Digitalizing paper money into CBDCs is like upgrading cockroaches with all weather wings to fly and a venomous sting to attack.
The FED is not blundering, the FED is executing the big plan.
Silver and Gold are considered money in the Constitution!
SCREW DIGITAL CURRENCY! I WILL NOT COMPLY…
I love how you can just type in 'Stock Market Crash in (whatever the next month in the calendar year is) and find some jackass…..