Danielle DiMartino Booth, CEO of QI Research, discusses the latest jobs report, market response, and Fed monetary policy.
*This video was recorded on November 3, 2023
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0:00 – Jobs report
3:45 – Fed monetary policy
6:38 – Inflation
8:17 – Employee retention credits
11:28 – Student loans
13:00 – Investment implications
15:29 – Asset allocation
16:32 – QI Research
#investing #economy #recession…(read more)
BREAKING: Recession News
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Latest data from the US Bureau of Economic Analysis has revealed that the country has officially entered a recession. This news comes as a significant blow to the economy which has been struggling in the wake of the COVID-19 pandemic.
Economist Danielle DiMartino Booth has been closely monitoring the economic situation and has been warning about the possibility of a recession for months. Booth, a former advisor to the Federal Reserve, has been vocal about the potential impact of the pandemic on the economy and has been calling for decisive action to mitigate the effects.
The latest data revealing the recession has only served to underscore the severity of the economic crisis facing the country. The pandemic has led to widespread business closures, job losses, and a sharp decline in consumer spending. This has had a ripple effect across the economy, causing an overall contraction in economic activity.
Booth has been advocating for targeted relief measures to support businesses and workers affected by the pandemic. She has also emphasized the importance of fiscal stimulus to boost economic growth and prevent a prolonged recession.
The recession is expected to have far-reaching implications for the economy, with many industries experiencing significant declines in production and sales. The housing market, in particular, has been hit hard, with home sales and construction activity dropping sharply.
In response to the recession, policymakers are considering a range of measures to support the economy. The Federal Reserve has already taken steps to lower interest rates and provide liquidity to financial markets. Congress is also debating additional stimulus measures, including support for small businesses and direct payments to individuals.
Despite these efforts, Booth has cautioned that the road to recovery will be long and challenging. She believes that the recession will have lasting effects on the economy and that it will take time for businesses and consumers to regain confidence and resume normal levels of activity.
As the country grapples with the recession, it will be critical for policymakers to continue to monitor the situation closely and take decisive action to support the economy. Booth has urged for a coordinated and comprehensive approach to addressing the challenges facing the economy, and she is hopeful that with the right policies in place, the country can eventually emerge from the recession and regain its economic strength.
Do you think the unemployment rate will go up even more? Comment below and don't forget to "like" this video and subscribe!
FOLLOW DANIELLE DIMARTINO BOOTH:
QI Research: https://dimartinobooth.substack.com/
Twitter (@DiMartinoBooth): https://twitter.com/DiMartinoBooth
Job market is still strong….but it will reverse when something happens. I think something can result from construction area due to housing bubbles…. will see
America.cannot.buy.in.the.market.and.sellto.the.consumer.as.retail.stors.are.closeing.but.can.emigine.out.of.any.situtation.just.as.a.hollowed.movie.❤❤❤
She is very knowledgeable. Lookforward to her next interview.
where does this woman get her information? earnings are revised UP! from 2021 till now every interview she says we are in recession stocks will drop ….
is it just me or this mama is hooot
Thanks David!!!!
We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.
Love Danielle. More or her and Steve Hanke
I wonder if Danielle picked up on the red poppy. I am an American (now also a Canadian); I moved to Canada about 15 years ago and was working in an office. One day in November I noticed a lot of people wearing the red poppy pin that David is wearing in this video but I had no idea why so many people were wearing it. Excellent work David, paying respect on Remembrance Day is important!
Buying the dip isn’t enough in this economic terrain. We’re already seeing savings dwindle this year because of higher prices and the rising costs of paying back debt. We are looking at turning to emergency funds. The festive season is here what moves can an investor make to rack up gains even in bear market?
Hogwash! GDP grew 4.9% a month ago. How can that be part of a recession?
Great Talk David! Danielle, congrats for the clarity of mind… and beauty for sure!
If I could get just one dollar per crash upload I’d be friends with Elon.
I walked outside today and sun came up….I was surprised to see the seas not boiling
So muxh insight!!! The insanity of PPE fraud and taxpayers having to pay for it is NOT RIGHT!!!
How come this video has 106k views n 164k likes?
do I eat this food or do I eat this piece of paper?
Great interview
At my job i am working 50 hours plus
The word for today, boys and girls,…is pain.
Amazing meaningless hollywood analysis… Oh dear
Want not aware Gov was STILL issuing stimulus checks via employment retention act / put a temporary pause due to corruption / what does it say about our politicians who
promote a program that is rot
with corruption and plan to restart it up – can tell Michelle Booth is extremely knowledgeable
She has been selling this narrative for more than a year now. Great explainer but gets market timing completely wrong every time. She is just selling it
I think the guest has shallow knowledge when she starts the interview critizing what the officials are doing! I think its a way yo grab attentions but showing she might not really understands what is going on.
Ms. DiMartino-Booth, are you sure "revenue numbers cannot be fudged"? o_O
There's no way for corporations to engineer "boomerang" a.k.a. "lazy Susan" asset sale transactions to give appearances of income?
There are rumors that nVidia did just that to bolster their data center revenue numbers last quarter.
If it’s one thing I have learned it’s that the kind of FOMO surrounding AOK44X is where life changing buying opportunities are made… the development and partnerships for AOK44X don’t lie.
Thanks for all the info on AOK44X, I got some a couple minutes ago.
If it’s one thing I have learned it’s that the kind of FOMO surrounding AOK44X is where life changing buying opportunities are made… the development and partnerships for AOK44X don’t lie.
Thanks for all the info on AOK44X, I got some a couple minutes ago.
If it’s one thing I have learned it’s that the kind of FOMO surrounding AOK44X is where life changing buying opportunities are made… the development and partnerships for AOK44X don’t lie.
Finally thanks for the update! Im trying to hold a million dollars worth of AOK44X . Oddly enough its a sleeper for some weird reason that not many YouTubers talk about in regards to lnvesting. It has had steady growth since its release.
On AOK44X , youve done an amazing job. How are you going to make all of these films and write all of the text in such a short amount of time? Exceptional work.
If you hold into the crash its your own fault. Amazons AOK44X is the way out and its here for anyone to use – should be aware on this as a chance this year which is rare even for the century guys
I’m wondering if you’re really good at predicting runners or if your videos are moving the markets??? Either AOK44X is working thanks…