#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #income #fed #federalreserve
Recent Federal Reserve report claims at least half the country is already in recession, while another substantial portion likely is. Not only does that match softening rhetoric from policymakers, obviously there’s been a radical change in markets, too.
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Holy Sh*t! The Fed Just Admitted We Are In A Recession
In a shocking turn of events, the Federal Reserve has just admitted that the United States is in a recession. This declaration comes as a surprise to many, as the Fed has been cautiously optimistic about the state of the economy in recent months. However, the ongoing impact of the COVID-19 pandemic has forced the central bank to face the grim reality of the current economic situation.
The Federal Reserve made this admission during a recent press conference, citing a combination of factors that have led to the downturn. The pandemic has caused widespread job losses, disrupted supply chains, and weakened consumer spending. These economic pressures have resulted in a significant decline in GDP and a rise in unemployment rates.
The Fed’s acknowledgment of a recession is a significant moment for the American economy. It serves as a wake-up call for both policymakers and the general public, urging them to acknowledge the severity of the current economic crisis and take action to address it.
One of the most concerning aspects of this admission is the potential long-term impact of the recession. Historically, recessions have been associated with increased poverty rates, reduced access to healthcare, and a growing wealth gap. These issues will undoubtedly have a lasting effect on the country unless meaningful steps are taken to address them.
In response to the recession, the Federal Reserve has announced several measures to support the economy. These include lowering interest rates, providing funding to banks and businesses, and implementing various forms of monetary stimulus. Additionally, the central bank has called on Congress and the White House to provide additional fiscal support to those most affected by the economic downturn.
While these efforts are a step in the right direction, the road to recovery will be long and challenging. It will require a coordinated effort from all levels of government, as well as collaboration with the private sector and individuals. The severity of the recession demands a comprehensive and sustained response to mitigate its impact and lay the groundwork for a robust and equitable recovery.
The Fed’s admission of a recession serves as a sobering reminder of the fragility of the economy and the need for proactive measures to protect it. It is a call to action for all stakeholders to work together to address the challenges ahead and pave the way for a brighter economic future. Only through coordinated and decisive action can we hope to emerge from this recession stronger and more resilient than before.
I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.
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.
Every crash/collapse/inflation/recession provides an equal market opportunity if you are properly prepared and knowledgeable. I've seen people amass up to $800,000 during crises and even with ease in a bad economy. Someone has undoubtedly become extremely wealthy as a result of the crash.
The looming recession and the Fed's rhetoric of raising interest rates have investors extremely concerned. I'm not sure what to do with my $600,000 portfolio yet. because we may not enter a recession, and even if the Fed is hawkish, interest rates may not be raised further.
So you just ignore last years continued claims doing the exact same thing at the same time? And then use that to say a recession is coming? I understand thinking that, but at least don’t be blinded by ur bearishness
I think most lnvestors like myself right now are more interested in how we can enhance our earnings during this period of adjustment given the current economic difficulties that the country is experiencing in 2023. I'm at a crossroads deciding if to liquidate my $620k stock/bond portfolio, or just wait for favorable times since the market always recover.
On a normal trading leverage, I still manage to earn $32,000 weekly from my investment of $3,500, wow I can’t wait for bull run to hit the crypto market so I could make more ..God bless expert Mrs Angela Mae
Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency.
With a decreasing ability to control inflation and a reduction in stock and oil trading, it seems that a new multilateral world order is on the horizon.
Perma-bear, why do people still listen to this guy when the markets are ripping all year
So sick of these ppl. So tired of their constant propaganda.
Can you please have an Eli5 section at the beginning or end? Please
What are the FHLB's saying? The regional banks that collapsed in March were in debt to the FHLB in San Francisco. The FLHB's indicate issues with small business. Good analysis with the information you have.
2 quarters of negative growth comes before a recession can be called.
The government currently lacks concrete strategies to address inflation. Inflationary pressures are impacting various sectors, including stocks, housing, and commodities, causing their prices to rise. It is not advisable to keep your money idle and wait for a market crash. Instead, it is prudent to put your money to work by starting with cautious investments and gradually increasing your pace as prices decline further. Withdrawing a significant amount of money, exceeding $500K, from my account at this time presents a challenging decision.
Blah blah blah
Im trying to get severance its almost impossible they wont fire me
My dream is to see 3 hours show of trio: Jeff, Lyn Alden and Saifedean Ammous hosted by Adam Taggart 😉
Steve is so epic
Every crash/collapse/inflation/recession provides an equal market opportunity if you are properly prepared and knowledgeable. I've seen people amass up to $800,000 during crises and even with ease in a bad economy. Someone has undoubtedly become extremely wealthy as a result of the crash.
OMG! Something wrong with the caviar in that luncheon? BF is now boosted by BNPNever debt.
'Out Work'? "Don't let them catch me on
Only Fans." "Don't work off that backlog!" ???
I start to believe that you are supporting all these scammers in the comments, because you never mention not to fall for them.
Dobra, w której sekundzie filmu Powell mówi, że będzie recesja?
thanks guys
So what if we are in a recession? What changes? Isn’trecession supposed to happen once in a while?
Despite the economic downturn, I still manage to make $35,000 every 10 days after investing $3,500..God bless Expert Michael Allen
The FED knows. They aren't committed to attacking inflation/ recession . They are going to continue to inflate, stocks and commodities will continue to go up with everything else. You can't just sit on cash waiting for a crash, get your money working for you, start buying in slowly and then gradually increase the pace of buying as the prices continue to drop.
do you mean mathematcean that mathologist. Why are all Americans so lazy that they just stick ologist on the end of everything. there have been correct words for centuries IF you can be bothered and not be a lazy dumbass.
Tell me agian who is manipulating the 2 year paper? So u inform us the 2 year tells us where the fed is going to go and i say wef yellen is forcing the fed tp pivot. I hope he raises to 7% so he tell yellen to shove it together with the wef puppets.
Ah linear algebra lol
Every crash/collapse/inflation/recession provides an equal market opportunity if you are properly prepared and knowledgeable. I've seen people amass up to $800,000 during crises and even with ease in a bad economy. Someone has undoubtedly become extremely wealthy as a result of the crash.
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs. Catherine Gauthier.
321.41 in October 2023 is equal to 311.01 in November of 2022 according to an online inflation calculator hahaha
As Steve says. I dont think 0 is enough. They may try to go negative which is awful. No wonder bitcoin is over 40k
Yes, that because I AM FEDERAL GOVERNMENT HATE BIDEN FAMILY
According to President Biden, everything is OK in the US economy; according to him, there is no recession. Therefore, do not worry. Vote Democrats at the next election !
The Fed must take care of the position of the US and the dollar in the face of China, Russia, Brics, etc. that is threatening its position in the world.
As long as governments spending their income to fund bullshit jobs, rather than spending on building roads and infrastructure. Central banks have to keep interest relative high to prevent debts going up further.
So in a way they are now in a position to start reducing debts.
No, no, Biden told us there's no recession. Sorry I believe everything Biden tells me. You know, Bidenomics. He's a reincarnated Keynes.
You need to make a video on how to make 6 figures monthly because I have read about investors making up to $650,000 within 5 months and I really want to know how to outperform the market and make a significant profit
Block the token spam.