SMBC’s Joe Lavorgna parses Powell’s market talk at The Washington Economic Club today. With CNBC’s Melissa Lee and the Fast Money traders, Tim Seymour, Bonawyn Eison, Dan Nathan and Guy Adami. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
» Subscribe to CNBC TV:
» Subscribe to CNBC:
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:
#CNBC
#CNBCTV…(read more)
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
Joe Lavorgna, the former Chief economist of the National Economic Council, has recently warned that the next recession could begin at any moment. According to Lavorgna, several signs indicate that the economy may be at risk for a downturn soon.
Lavorgna has been closely monitoring the economic indicators, such as the yield curve, which is a measure of the difference between short-term and long-term interest rates. The yield curve has inverted several times over the past year, which means that short-term rates are higher than long-term rates. An inverted yield curve is often a sign that investors are nervous about the future and expect the economy to slow down.
Furthermore, the global trade war and other geopolitical events have also created uncertainty, which has led businesses to postpone investments and hiring decisions. This, in turn, can slow down economic growth and eventually lead to a recession.
Lavorgna has also raised concerns over the levels of corporate and government debt. The US federal government is running a large deficit, and many companies have taken on significant amounts of debt over the past decade. High levels of debt can make it difficult for companies and governments to cope with a downturn, as they may struggle to pay their debts or borrow more money.
While Lavorgna acknowledges the strength of the current economy, with low unemployment rates and strong consumer sentiment, he suggests that these positive indicators could be fleeting. In his opinion, it is only a matter of time before the next recession hits.
The timing of a recession is difficult to predict, and it is possible that Lavorgna’s warnings will prove to be premature. However, it’s always a good idea for individuals and businesses to prepare for economic uncertainty. This could involve paying down debt, building up savings, and exploring ways to diversify income and investments.
In conclusion, while it is unclear when the next recession will hit, the signs point to a potential downturn in the near future. The warning from Lavorgna is a reminder that economic cycles are inevitable, and it is important to be prepared for the unexpected.
I HAVE ATTRACTED SO MUCH LOSES TRADING ON MY OWN … I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED. CAN ANYONE CAN ANYONE HELP ME OUT ? OR AT LEAST TELL ME WHAT AM DOING WRONG?
Spot on
I agree with what this guy is saying 100%.
<Thanks bud for keepin us financially Educated! Regardless of how bad it gets on the economy, I still make over $22,000 every single week
Well, can it start sooner already? I have dinner plans.
No recession occurs, in spite of all these talking heads screaming about the Fed causing the big recession forcing them to pivot. Complete and utter nonsense. The economy is rolling along. The market keeps chugging along. Climbing the proverbial wall of worry.
Most times it amazes me greatly the way I move from an average lifestyle to earning over 63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus…
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
<<<<It’s certainly public knowledge that fiat currency is manipulated and used by the FEDS and big corporations to launder money that’s the blockchain is the most reliable money system ever created and getting into this system and having a stand on it is important Bitcoin is here to stay and will however reveal the flaws the fiat currency carries so my advice is invest in Bitcoin and have a passive income status.
<̶<̶<̶<̶ ̶E̶x̶a̶c̶t̶l̶y̶!̶ ̶I̶ ̶m̶a̶d̶e̶ ̶m̶y̶ ̶f̶i̶r̶s̶t̶ ̶m̶i̶l̶l̶i̶o̶n̶ ̶t̶h̶r̶o̶u̶g̶h̶ ̶t̶r̶a̶d̶i̶n̶g̶ ̶s̶t̶o̶c̶k̶s̶/̶c̶r̶y̶p̶t̶o̶ ̶a̶n̶d̶ ̶i̶n̶v̶e̶s̶t̶i̶n̶g̶ ̶a̶s̶ ̶a̶ ̶b̶e̶g̶i̶n̶n̶e̶r̶ ̶b̶u̶t̶ ̶a̶s̶s̶i̶s̶t̶e̶d̶ ̶b̶y̶ ̶a̶ ̶f̶i̶d̶u̶c̶i̶a̶r̶y̶ ̶c̶o̶u̶n̶s̶e̶l̶o̶r̶ ̶o̶b̶v̶i̶o̶u̶s̶l̶y̶;̶ ̶"̶E̶l̶i̶z̶a̶b̶e̶t̶h̶ ̶E̶r̶n̶s̶t̶ ̶D̶a̶v̶i̶d̶"̶.̶ ̶W̶e̶ ̶m̶e̶t̶ ̶a̶t̶ ̶a̶ ̶t̶r̶a̶d̶i̶n̶g̶ ̶c̶o̶n̶f̶e̶r̶e̶n̶c̶e̶ ̶a̶n̶d̶ ̶I̶ ̶l̶o̶o̶k̶e̶d̶ ̶h̶e̶r̶ ̶n̶a̶m̶e̶ ̶u̶p̶ ̶o̶n̶l̶i̶n̶e̶ ̶a̶n̶d̶ ̶s̶e̶t̶ ̶h̶e̶r̶ ̶a̶n̶ ̶e̶m̶a̶i̶l̶ ̶t̶h̶e̶r̶e̶a̶f̶t̶e̶r̶.̶ ̶B̶o̶t̶t̶o̶m̶ ̶l̶i̶n̶e̶,̶ ̶s̶h̶e̶ ̶a̶g̶r̶e̶e̶d̶ ̶t̶o̶ ̶g̶u̶i̶d̶e̶ ̶m̶e̶ ̶a̶n̶d̶ ̶I̶'̶v̶e̶ ̶h̶a̶d̶ ̶n̶o̶ ̶c̶a̶u̶s̶e̶ ̶t̶o̶ ̶r̶e̶g̶r̶e̶t̶ ̶e̶v̶e̶r̶ ̶s̶i̶n̶c̶e̶.̶
A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
Imagine being born dumb AND ugly. This guy nailed both.
Thanks<, for all you do! I like your truthful coverage. Mad respect for educating everyone. BTC's price has been fluctuating lately, but I think we should be educating the newbies on what to do aside holding rather than discussing about the dip. The good thing about the space is that you can buy the dips and put them into active trades making profits from trades while confidently waiting for a pump in price because it is inevitable. Most people do not understand how the space works. Your advantage is understanding, Charts won’t guarantee what an asset is going to do. Prices will go up or down. Nevertheless, the market has been so profitable despite price ups and down. I've always played safe implementing trades with insights and signals from a renowned trader, Ryan Donalds. I made 9.3 BTC from the recent crash in the market within a period of six weeks.
A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time.
That’s so dumb..! We’re already
Investing in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. A variety of stocks and digital currencies are still attractive investments right now.
Yes anything could start at any time. What great insight! Idiot.
If you're right about this AWL200B this could really help people offset the losses they experienced this year
Excellent content. I used the last dip to stock up, buying AWL200B now its cheap, can't miss the presale.
if AWL200B can grow organically like that they will dominate that industry
Not sure about BTC and ETH, but putting USDT in AWL200B for 10x makes sense.
Anyone reading this should BUY Amazon token AWL200B , in my opinion, its game changing
We'll see about that. I don't mind to see the crash. I just hope I'll have a lot of USDT to buy more AWL200B live presale.
Everyone waited for Amazon to create AWL200B and the time is ready
Any thoughts on AWL200B ? it's the best thing since slice bread.
Could you please talk about AWL200B it’s very strong and took off in short time thanks
Thank you for the update AWL200B is done right, and waiting is part of the process,
Without watching the video, I know everything is good with AWL200B
Wow I'm so surprised you mentioned AWL200B . I have been keeping eye on it for a while and it seems very promising.
We will rise with AWL200B and Matic!!! Just HODL
it's okay, the market has been very tough recently and you did your best. i'm starting to think about selling all of my coins for tether ans AWL200Bnow too
Thanks for deleting the spam bots, While I'm here though, AWL200B is the next moon shot for sure
AWL200B Saved me after the LUNA Crash
AWL200B is going to 100x over Bitcoins Market Cap.
So basically bearish on everything except amazon's AWL200B
After the Etherem ecosystem, AWL200B is the best ecosystem available on the market and most people don't understand this yet, I believe due to lack of marketing. Thank you so much for bringing us this kind of content!
Best day of my life Amazons annnouncement with AWL200B did so much we can't be wrong now, can we?
I've dumped all of my SOL- its toast for now. All converted to AWL200B and king BTC.
My life feels fixed after horrible markets but AWL200B is the one I believe in!
What's better holding into crash or being safe with AWL200B tell me
AWL200B IS ahead of the game.
I'm waiting on AWL200B don't like buying after it's already pumped, still buying btc
I've had the feeling BTC would be going to 3k as well. Clearing out all my Alts going into BTC and AWL200B only, maybe a little BNB.
AWL200B oNLY Few hours OLD !! IMAGINE THE POTENTIAL
I’d rather buy AWL200B, atom, polka and polygon!
It is a good time to invest in AWL200B Great potential