The global economy has been facing uncertainty and volatility in recent months, with trade tensions between major economies, geopolitical tensions, and the COVID-19 pandemic all contributing to economic instability. As a result, many are now wondering if we are actually in a recession.
A recession is typically defined as a period of declining economic activity, characterized by a decrease in gross domestic product (GDP), rising unemployment, and a general slowdown in economic growth. While there is no official definition of a recession, many economists consider two consecutive quarters of negative GDP growth as a sign that a recession is underway.
One indicator that we may be heading into a recession is the recent inversion of the yield curve. The yield curve is a graph that shows the relationship between short-term and long-term interest rates on government bonds. In a healthy economy, long-term interest rates are higher than short-term rates, creating a normal yield curve. However, when short-term rates exceed long-term rates, the yield curve inverts, which is often seen as a predictor of an impending recession.
Another indicator of a recession is rising unemployment rates. As businesses struggle to stay afloat in a slowing economy, they may be forced to lay off workers, leading to higher levels of unemployment. In recent months, we have seen a significant increase in jobless claims and job losses across various sectors, suggesting that the economy is contracting.
Additionally, consumer spending, which accounts for a significant portion of economic activity, has been on the decline. With uncertainty looming over the economy, consumers may be cutting back on their spending, leading to decreased demand for goods and services. This, in turn, can further exacerbate economic contraction and lead to a recession.
While these indicators suggest that we may be in a recession, it is important to note that the situation is not yet clear-cut. Economic data can be volatile and subject to revisions, making it difficult to definitively say whether we are in a recession. Additionally, government intervention and stimulus measures can help mitigate the effects of an economic downturn and potentially prevent a full-blown recession.
In conclusion, while the signs are pointing towards a potential recession, it is still too early to say for certain. The global economy is facing unprecedented challenges, and it will take time for the full impact of these factors to become clear. In the meantime, policymakers and economists will continue to closely monitor economic indicators and take necessary measures to support the economy and prevent a deep and prolonged recession.
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If you want to see how Ken made billions in 2008, and how that compares to what he's doing today. watch it next here
https://youtu.be/buLG87uNWLU
I have always said and believe this, 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
God said, that the dollar collapse will happen at the end of this year.
My investments in stocks say things are going down. I’m losing money on them
Amazing content. Thank you for the education.
I’m so glad you finally are saying it. I’ve been commenting on everyone’s videos about economic saying the real reason the GDP is positive is government spending
I don’t need this proof. My business says we are- 50% lower revenue than last year and the year before. People are out of money.
Where in the Middle East oil embargo, I experienced as a young man. He wasn’t Middle East oil embargo is a President Biden cancellation of the keystone pipeline, valid oil leases on Federal Land, for filling a campaign promise to go after big oil. I guess he didn’t realize that you don’t go after big oil you only go after your supply and demand.
Every recession put a portion of the middle class permanently into the lower class.
The government keeps changing the way they calculate GDP so we will never have another recession. Under older calculations, we are in a depression.
Gold and silver do well during inflation as well. If you bought it all-time highs last year, you'd be up about 15 to 20%. And this is before quantitative easing. When that starts it's going to go crazy. No one talk about, especially with the failing US dollar.
Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.
BIDENOMICS IS STARVATION!!
VA not hiring for vacant positions, eliminating them. Kaiser hiring more benefited positions (full and part time) to squeeze out per diem and registry nursing staff.
Government needs to end all their programs and let free market capitalism work
They’re spending good money chasing bad .
The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?
Public private partnership with Ukraine is what we have.
It would be irrelevant except Biden is 100% corrupt destroying the constitution and the civil society which is always terrible for economy in the long run. And subsidies( direct and indirect )to housing in form of low interest rate regime is part of how we got into to this inflation mess.
I think if you want to follow me, or my suggestions. I made money in 2008-2009. This is going to be like that times ten. Gold, silver, oil, lumber, and real estate. Ken is right on the money here. Get ready we had real inflation of 19 percent in 2022, in 2023 we had 7 percent inflation on top of that. This is nothing you’re going to see double that in my estimates. We have a real storm that has now been set by our government spending . You also have the Federal Reserve has just cancelled their small bank finance funds program. The small banks are set to crash in huge numbers. Run on the banks. Just saying gold was in the 30 to 40 dollar range in the early 1970’s. Where we at now $2300 an ounce. Get ready for double that. Buy oil, buy gold , or gold etf, or producers, copper producers, lumber stocks. Real Estate giant housing holding landlords. Do Not buy office real estate holdings or retail building holding landlords. Get ready Ken is instructing you where to go. Just listen then act.
And if the real numbers ever came out you would be saying depression.
Those, who complain about the 'money sent to Ukraine' have not idea how the money to be spent. Almost all of that money will stay in the US. The Ammunition, missiles, etc., to be produced by the US enterprises, generating more jobs and money multiplication.
The LIES out of this administration is overwhelming. I knew politics was rotten BUT wanting the middle class erased and complete power is nuts! What's even more nuts are the people who would vote for this insanity again.
California has very high HOA
Can we please push for a balanced budget Amendment? These criminals in Washington can't seem to be trusted with our hard earned tax dollars.
BMS just announced 2.2k layoffs…
Real estate hasn't gone up? Not sure what you are talking about.
Nope the Feds cannot give up because housing is NOT affordable and most cannot afford it!!!! Many will be on the streets!!!