Should you be bracing for an impending slowdown in 2024?
For more of Money Mind:
==========================
#CNA #MoneyMindCNA #recession #outlook #finance
For more, SUBSCRIBE to CNA INSIDER
Follow CNA INSIDER on:
Instagram:
Facebook:
Website: …(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
Is A Recession Coming In 2024? | Money Mind | Finance
As we approach the year 2024, many economists and financial experts are beginning to speculate about the possibility of a recession. With the global economy facing a myriad of challenges, including the ongoing COVID-19 pandemic, geopolitical tensions, and inflationary pressures, the question on everyone’s mind is, “Is a recession coming in 2024?”
While no one can predict the future with absolute certainty, there are several warning signs and indicators that suggest a potential downturn in the near future. One of the most concerning factors is the current state of global supply chains. The pandemic has disrupted manufacturing and distribution networks, leading to shortages and production delays. As a result, businesses are facing higher costs and consumers are experiencing supply constraints. This has the potential to dampen economic growth and could lead to a recession if the situation does not improve.
Another area of concern is the rising inflation rates. In many parts of the world, prices for goods and services are on the rise, fueled by factors such as increased demand, supply chain disruptions, and government stimulus measures. While some inflation is normal and expected during periods of economic recovery, excessively high inflation can erode purchasing power and hinder economic growth. If central banks are forced to raise interest rates to combat inflation, it could put stress on businesses and consumers, potentially leading to a recession.
Geopolitical tensions are also a factor to consider when assessing the likelihood of a recession in 2024. Ongoing conflicts, trade disputes, and other geopolitical uncertainties can create instability in financial markets and disrupt global trade. These disruptions can have widespread economic consequences, potentially triggering a recession.
On the other hand, there are some factors that could mitigate the risk of a recession. Governments and central banks have shown a willingness to provide support and stimulus to their respective economies. This could help to bolster consumer demand and business investment, potentially offsetting some of the negative factors that could lead to a recession.
It’s important to note that economic forecasts are inherently uncertain, and many unknown variables could impact the trajectory of the global economy. As such, it’s crucial for businesses and individuals to stay informed and remain vigilant in their financial planning. While it’s impossible to predict the exact timing and severity of a potential recession, being prepared for economic uncertainty can help mitigate its impact.
In conclusion, the question of whether a recession is coming in 2024 remains open. There are certainly warning signs and potential risks that could lead to a downturn, but there are also factors that could help to support economic growth. As the year progresses, it will be important to monitor economic indicators and stay informed about potential risks and opportunities. By staying informed and proactive, businesses and individuals can position themselves to weather potential economic challenges and capitalize on opportunities for growth.
A recession? Blue collar workers have been living in used Winnebagos down by the railroad tracks for 15 years that means a depression is next, pull your head outta your ass…
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. With proper guidance you can scale your portfolio
if interest rates go up where should i look to put money into? I currently have $800k in a high yield savings account, yes I’m making gains but to what extent with inflation eating away at the dollar.
WE ARE NOW IN A RECESSION PEOPLE, ITS NOT COMING, ITS HERE
In every crisis, an opportunity arises, as the saying goes. The 2024 recession, though challenging, offers unique ways to build wealth. Following Warren Buffet's advice to be cautious when others are greedy and bold when they are fearful, investing in undervalued assets like stocks, digital assets, real estate, or businesses during the downturn can lead to substantial returns in the economic recovery. Aligning with Robert Kiyosaki's wisdom, it's not just about making money but investing wisely. Prioritize financial education, cut unnecessary expenses, and leverage emerging opportunities.
We experienced the peak of our era, and now it is gone. Recession is tanking everything including 401K. My retirement equities portfolio of $750K is in the reds. I keep losing because of inflation. This world will fall to the corrupt rulers in the same way that Rome did. I'm sorry if you're thinking about retiring and you're worried that your pension won't be enough to meet the rising cost of living. Horrible foreign policies everywhere, bad regulatory policy, bad fiscal policy, and bad energy policy.
Is this because they wanna throw weaker hands out of the bull run????
Recessions, inflation, and war are the lifeblood of US economy.
Economy is doing well only if you own stocks or massive amounts of real estate. It’s doing well for 0.1% richest of rich like Musk and Bezos. For an average Joe, things have never been worse. Stagnant wages, layoffs in all industries, rising loneliness and healthcare costs. It’s looking very bleak. American dream is dead as young families can’t afford to buy a house and rents are on a tear.
This is probably the same people who said 2023 was gonna be the year of bonds, instead they crashed. Stocks are a better option with interest rates heading south
Bottom line: hunting season about to begin and bargains to be picked — keep your powder dry
I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.
Most US news and equity market aggregated performance believe the negative aspect of the business cycle has been banished through intervention. With cuts coming soon next year and markets soaring plus a presidential election, there seem to be no downside going long. It is just reading history all the way going back to the Dutch and their tulips on downsides, I dunno.
I know nothing about trading /investment and I'm keen on getting started. What are some strategies to get started?
I been in a ressession since 1994
4 years of Bidens administration has brought the world nothing but misery.
We have been talking about recession since 2021
Elizabeth plotted all your WARs in America and Europe with Fann WONG, Jeanette AW, Kate Middleton and Megan Markle with her indian. They are behind house break INS and robberies in Asia, they harass non stop for money with escorts, tied to the Singapore Police in drugs, prostitute trafficking and robberies with Fann WONG, WONG kan Seng, Li Hsien Loong, NG Joo Hee, Melvin YONG Yik Chye. Tan Chuan Jin, Tharman, Halimah YACOB, Masagos Zukifli, LIN -YIH, POH hock guan, Wayne Li and his other ministers, your WARs were all plotted by them. They stole your own TAX to fund your own WARs with Obama. With Sadon Suraiman whos bother committed robbery placed by WONGs to assist Fann WONG. They are after money and land. Li Hsien Loong plotted all the WARs because they are in a network of criminal activities to fund their expenses. Elizabeth is the one behind all the wars past and present with them. Your WARs were plotted by her with her indian, they are tied to bank frauds, house break INS. Other criminal activities. Elizabeth plotted all your WARs with Halimah YACOB, Masagos Zukifli, Malays, indian, Chinese, others looting CCTVs out to Fann WONG, Jeanette AW, Kate Middleton and Megan Markle. Li Hsien Loong plotted all your WARs with his ministers , family, Singapore Police in drugs, prostitute trafficking and robberies, house break INS, bank frauds
This video is a sign to start buying!!
5% a month profit? lol CNA stop promoting gambling and scams
Is recession coming? I doubt so. Input prices have come down, along with interest rates. On the demand side, consumer sentiment is still good with Xmas around the corner, followed by Chinese New Year in China. Investment spending follows consumer spending. Government spending, if they don't monetize the debt, largely replaces private spending. The external shocks, particularly the R-U and I-H wars, have reached stalemate. Hence I don't agree with the dismal scientists.
prolonged inflation
Looks like it's time to keep buying LEAPs. Do folks really take bearish positions anymore? This market is only going to go up from here. New all-time highs are imminent.
This Simon ree makes a 5% a month if that compounds for 1 year is about 71%. Just got to do the math and ask yourself If you believe this load of crap. When you download his book the tao of finance is literally technical analysis that probably incentivised by brokers to educate the public to trade like monkeys.
"The Only Thing We Have to Fear is Fear Itself". Wallow in fear or just go forward and be damned.
Whenever I see videos speaking about money. I always wish people knew what I knew about money and how it’s not so difficult to hit your financial target if you know the right steps to take. Honestly, I see Not making upto a million before retirement as an unfulfilled retirement. I’m 54 and my wife is 50 . We are both retired with over $3million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on the FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early. Even till now, we earn weekly.
Tax the billionaires. Recession is a man made disaster enforced by greedy greedy humans.
The moment you buy, they sell and vice versa. The market is counterintuitive. REMEMBER!
Why would one can think that printing money freely and irresponsibly, use US dollar as a weapon where everyone has started to forego US dollar plus sky-high debt have no consequences? This bubble busting is in the works for many years already and yet the people here are burying their heads in the sand for ages.
Listening to these jokers that cna interview is such an entertainment.
Singapore needs a change from this gov
The goal of a minimum wage is to prevent workers from being unduly exploited, particularly low-skilled, low-wage workers, and to ensure they have minimum living standards.’ Lim also points out that ‘A rich country shouldn’t have so many poor citizens—proportionally, Singapore has twice as many poor citizens as . . . other rich countries.’ While the general response from current political leaders is to direct proponents to the Progressive Wage Model (PWM),142 this model has been critiqued by Lim for its limitations in lifting wages and protecting workers.
Singapore needs a change from this gov
The goal of a minimum wage is to prevent workers from being unduly exploited, particularly low-skilled, low-wage workers, and to ensure they have minimum living standards.’ Lim also points out that ‘A rich country shouldn’t have so many poor citizens—proportionally, Singapore has twice as many poor citizens as . . . other rich countries.’ While the general response from current political leaders is to direct proponents to the Progressive Wage Model (PWM),142 this model has been critiqued by Lim for its limitations in lifting wages and protecting workers.
This means that while Dr Ho and members of WP are worried about the ability of the lower income Singaporeans to survive in Singapore on less than $1,300, PAP ministers are worried that people may not consider political office if the pay of ministers is cut further.
Let that sink in.
So when it tells you that it will help tackle inflation, just remember these three letters – G, S, and T.
With the cost of living skyrocketing, it is going to increase everything that you by 1 more percent in a few weeks' time.
Just take it as reference only. In regards of recession or economy booming, still there are people made or loss fortune. Just focus what you need to do.
Should I sell all my shares and stuff the money under a mattress?? That's all I really want to know…
3 months from ending 2023 is sluggish and recession is delayed at 2023 and starting bouncing back harder at 2024 ; Indonesia somehow already feels sluggish market and ecomony in last 3 months …. people all go wait and see to make buying a goods.
when msm starts to talk about something, it will go the opposite way
Economist have been saying recession since forever. It almost never happened. Even during pandemic economic wasnt so bad. At that time I thought economic would turn into depression. We're fine.
And still they want to invent AGI.