The Money GPS

Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: https://www.masterworks.art/moneygps Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more. See important Masterworks disclosures: https://www.masterworks.com/cd BIG NEWS: BRICS, known for representing big emerging economies, welcomes six new nations: Iran, Saudi Arabia, Egypt, Argentina, UAE, and Ethiopia. These additions come as a move to reshape the global order and offer an alternative to US influence. The announcement came during a summit in Johannesburg, where China's president, Xi Jinping, championed the enlargement, aiming to give the global south a more influential voice in global matters. The expansion's impact is still debated among analysts, considering the diverse mix of these countries. Despite this, the gesture is symbolic of the growing support for a recalibrated global order. Russian President Vladimir Putin, absent due to an arrest warrant for war crimes related to Ukraine, still sees this enlargement as a significant move against US-led efforts to isolate his country. Iran's inclusion shows a clear win for Putin and Xi Jinping, hinting at a stronger non-western alignment. Argentina perceives this as an opportunity amidst its economic downturn, while Ethiopia, as the sole low-income member, sees it as a monumental step. Although several countries applied for membership, only consensus candidates got approved. The current enlargement is viewed as a strategic victory for China and Russia. Brazil and India might have reservations due to potential dilution of their influence. Immediate economic advantages aren't evident, given pre-existing bilateral ties, especially with China. Yet, the symbolic weight of this move is undeniable, as BRICS now represents a larger segment of the global economy and population. #BRICS #china #BRICScurrency #worldorder TOPICS AND TIMESTAMPS: BRICS Expands 6 More Countries 0:00 80% of Global Oil Reserves 8:45 A Unified Currency? Not So Fast 10:15 What Can I Do? 16:46 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

Xi, Putin and other leaders locked in discussions over an expansion of the BRICS economic bloc. The leaders of Brazil, Russia, India, China and South Africa held closed-door discussions Wednesday on the possible expansion of their BRICS economic bloc, a move they’ve framed as a way to amplify the voice of developing nations, but which also serves the geopolitical interests of Beijing and Moscow. A decision on whether to accept new members had been expected late Wednesday, the second day of a three-day BRICS summit in Johannesburg. But officials said that was looking unlikely and a declaration might be made on Thursday. Chinese President Xi Jinping, Brazilian President Luiz Inácio Lula da Silva, Indian Prime Minister Narendra Modi and South African President Cyril Ramaphosa met at a conference center in the Sandton financial district in South Africa’s biggest city. Iran, Argentina, UAE, Saudi Arabia, and more are all part of the BRICS now. #BRICS #BRICSSummit #china #currency #usdollar #currencywar #reservecurrency TOPICS AND TIMESTAMPS: China’s BRICS Dilemma 0:00 Imports and Exports 3:15 Alarming Home Price Declines 9:00 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase Fitch Ratings cut its assessment of the banking industry’s health in June, a move that analyst Chris Wolfe said went largely unnoticed because it didn’t trigger downgrades on banks. But another one-notch downgrade of the industry’s score from AA- to A+ would force Fitch to reevaluate ratings on each of the more than 70 U.S. banks it covers, Wolfe told CNBC. “If we were to move it to A+, then that would recalibrate all our financial measures and would probably translate into negative rating actions,” Wolfe said. The credit rating firms relied upon by bond investors have roiled markets lately with their actions. Last week, Moody’s downgraded 10 small and midsized banks and warned that cuts could come for another 17 lenders, including larger institutions like Truist and U.S. Bank . Earlier this month, Fitch downgraded the U.S. long-term credit rating because of political dysfunction and growing debt loads, a move that was derided by business leaders including JPMorgan CEO Jamie Dimon. #bankcrisis #interestrates #federalreserve #money #currency #stockmarket #bonds TOPICS AND TIMESTAMPS: What’s Up With the Banks? 0:00 Wall St Has A Problem 8::15 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

Losses are coming. European banks, bracing for rising interest rates, bolster their cash reserves against potential loan defaults. Barclays, in the UK, earmarked £896 million in H1, while Germany's Deutsche Bank saw a 72% rise in loan loss provisions at €401 million in Q2. Meanwhile, Spain's Santander increased its loan provisions by 21%. High inflation in Europe strains household budgets. Recent rate hikes by the European Central Bank and the Bank of England hinder economic growth, pushing euro nations towards recession. San Francisco's record office vacancies signal broader economic woes. Jonas Goltermann of Capital Economics points to significant concerns in the commercial real estate sector. The European Central Bank's interest rate stands at 3.75%, its highest since 2000, and the UK's Bank of England reached 5% in June. Consequently, UK mortgage holders face surging rates, with over 2 million prepping for bigger monthly payments due to refinancing. #defaults #Banks #InterestRates #bankrupt #Recession #ECB #federalreserve #RealEstate Bracing For Wave of Defaults 0:00 Cash Strapped Consumer 11:38 Case Study 16:15 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

Can you guess where the jobs have been moving to? Where people have been moving to? Well, NY and CA have faced a significant financial industry exodus, with firms managing nearly $1 trillion in assets departing over the last three years. Notable departures include Elliott Management to West Palm Beach, AllianceBernstein to Nashville, and Charles Schwab to Dallas's suburbs. This shift resulted in the loss of several high-wage jobs, taxing both city and state revenues. Even as NY remains a major asset management hub, the southern regions are experiencing a surge, evident in Miami's rising real estate prices and Dallas's fast-expanding finance industry. Motivations for these relocations include lower tax rates, favorable climates, and affordable luxury housing. This trend is transforming the US's financial landscape, moving away from historical finance epicenters to areas previously known mostly for regional banks. For example, from 2020 to March 2023, over 370 investment firms, handling $2.7 trillion, changed their HQs. Most relocated from high-living-cost areas in the Northeast and West Coast to Sun Belt regions like Florida and Texas. North Carolina and Tennessee notably gained over $600 billion in assets from key relocations. In contrast, states like Washington and Connecticut experienced significant losses, with Connecticut now lagging behind Florida in assets under management. #newyork #california #NYExodus #CAExodus #workfromhome #Miamieconomy #jobs TOPICS AND TIMESTAMPS: Companies Jobs Moving Out 0:00 Central Banks Mystery 5:57 Economy Dragged Down 10:21 What Can I Do? 13:08 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

In this video, we dive deep into China's ambitious journey to secure its position as the world's number one economy. With strategic moves like expanding their access to global resources, China is leaving no stone unturned. Their partnership with Russia showcases military drills that signify strength and unity in the geopolitical realm. Furthermore, China's increasing deals with nations in South East Asia and beyond echo their intent to forge stronger alliances and broaden their sphere of influence. As China is ardently working towards greater self-sufficiency and reducing their dependence on external entities, the global community watches closely. Not every nation is comfortable with the rapid ascent of China, and concerns about their growing power resonate across borders. Stay tuned as we unpack the intricate dynamics of global power play and China's relentless pursuit of dominance. #China #BRICS #Resources #ChinaRussia TOPICS AND TIMESTAMPS: China’s Bumpy Ride 0:00 China’s Military 6:24 Resources Related to China 8:12 Look Out for These 10:45 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

Almost three-quarters, 72%, of Americans say they aren’t financially secure given their current financial standing, and more than a quarter said they will likely never be financially secure, according to a survey by Bankrate. “There are actually millions of people struggling,” said Ida Rademacher, vice president at the Aspen Institute. “It’s not something that people want to talk about, but if you were in a place where your financial security feels superprecarious, you’re not alone.” This struggle is nothing new. Principal Financial Group found in 2010 that 75% of workers were concerned about their financial futures. What’s more, since 1979, wages for the bottom 90% of earners had grown just 15%, compared with 138% for the top 1%, according to a 2015 Economic Policy Institute report. But there’s now a renewed focus on wage-earner anxiety amid higher inflation and rising interest rates. #richmennorthofrichmond #oliveranthony #inflation #moneytips TOPICS AND TIMESTAMPS: Consumer Weakness 0:00 Economic Issues 7:44 Society Breaking Down 11:03 Music By: Oliver Anthony - Rich Men North Of Richmond https://www.youtube.com/watch?v=sqSA-SY5Hro https://www.youtube.com/watch?v=fsjhRmq9S2s ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

Economists warn of 8% 30-year mortgage rates; Lawrence Yun of National Association of Realtors highlights 7.2% as crucial. Rising rates impact homebuyer demand; potential economic cooling could ease inflation and mortgage rates. Current 300 basis points spread between 30-year mortgage and 10-year Treasury only seen during financial crises. New York Federal Reserve survey expects rates at 8.4% next year, 8.8% in three years. 8% rate could hike monthly mortgage to over $2,300, sidelining many buyers. All-cash buyers like baby boomers could stabilize property values; job market pivotal for price direction. #MortgageCrisis #USRealEstate #Inflation #BabyBoomer TOPICS AND TIMESTAMPS: Real Estate Mispricing 0:00 Moving In Or Out? 9:40 What Can You Do? 16:20 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

China's real estate behemoth, Evergrande Group, recently made headlines as it submitted a request for Chapter 15 bankruptcy protection in a Manhattan-based U.S. bankruptcy court. This move arrives post the global recognition of Evergrande as the most indebted property developer, which suffered a default in 2021 and declared an offshore debt restructuring initiative by March the next year. As an outcome, the trading of Evergrande's shares has been put on hold since March 2022. The unique facet of Chapter 15 bankruptcy protection is its ability to enable a U.S. bankruptcy court to step in on international insolvency matters involving non-U.S. firms currently in the middle of restructuring processes. This method primarily seeks to shield the assets of the debtor and streamline the revival of financially struggling companies. In a related development, Tianji Holdings, closely linked to Evergrande, alongside its offshoot, Scenery Journey, have also petitioned for Chapter 15 protection in Manhattan. Further compounding the challenges in the property sphere, there's mounting anxiety about the ripple effects of China's property industry woes negatively impacting broader economic sectors, as the nation grapples with wavering growth metrics. An illustration of this can be seen in Country Garden's recent financial strife, once among China's leading developers, now grappling with issues like coupon payments on its U.S. dollar bonds, and sounding alarms on profit drops. Reports also highlight the suspension of trading in a minimum of 10 of its yuan bonds traded in mainland China. #Evergrande #Bankruptcy #china #CountryGarden #Chinarealestate TOPICS AND TIMESTAMPS: Evergrande Bankrupt 0:00 Currency Crisis 8:15 What’s Next? 13:01 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

Recent reports from the Economic Observer, a branch of Xinhua News Agency, highlight concerns about the stability of local finance and the national economy in China. An analysis of the work of three local finance bureau chiefs led to a critical conclusion that the financial system is on the brink, with potential upheavals imminent. Adding to the economic concerns, PBOC Adviser, Cai Fang, emphasizes China's urgent need to invigorate consumption and considers putting money directly into the hands of its citizens. Notably, China's recent dip into deflation, marked by a 0.3% YoY drop in consumer prices in July, escalates worries as decreasing prices may deter consumers from spending, potentially hindering the recovery post-pandemic. The global implications are vast, given that China is poised to account for 35% of worldwide growth this year. It also drives growth in the Asia-Pacific region, which the IMF predicts will contribute to 67% of the global GDP expansion. Amid these challenges, Chinese policymakers are exploring economic stimulus strategies, with a recent politburo meeting discussing the enhancement of countercyclical measures to boost consumer spending. #China #Deflation #inflation #PBOC #ConsumerSpending #IMF TOPICS AND TIMESTAMPS: Verge of Collapse 0:00 Defaults Have Begun 7:49 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

Minneapolis Federal Reserve President Neel Kashkari expressed concerns about regional banks, especially after a recent banking crisis. At a town hall, when asked about new capital requirements for banks with assets over $100 billion, he felt the measures might not be stringent enough. This commentary coincided with a 2.4% drop in the SPDR S&P Regional Banking ETF (KRE). Kashkari, who played a key role during the 2008 financial crisis, warned of the implications of ongoing Federal Reserve interest rate hikes on smaller banks. He identified duration risk as a primary concern, with some banks forced to liquidate assets due to rising bond rates. While the current banking landscape seems stable, unchecked inflation could mandate more rate hikes, leading to larger losses for banks. Referring to Silicon Valley Bank's issues in March, Kashkari attributed the failures to both higher interest rates and bank mismanagement. #BankCrisis #InterestRates #Risk #Inflation #SiliconValleyBank TOPICS AND TIMESTAMPS: Not Real Concerns 0:00 Very Real Concerns 3:23 What Do We Do About It? 12:32 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

Goldman Sachs economists project that the Federal Reserve will initiate lowering interest rates by the end of next June, with an expected gradual, quarterly pace of reductions. Driven by the desire to normalize the funds rate from a restrictive level once inflation nears its target. With rate cuts anticipated to begin in the second quarter of 2024, the Federal Open Market Committee is expected to bypass a hike next month, concluding that the core inflation trend has slowed sufficiently to render a final hike unnecessary. Goldman's analysis of the rate cuts reflects a complex decision-making process, acknowledging the significant risk that the FOMC may hold steady. The uncertainty regarding the pace of 25 basis point cuts per quarter aligns with the recent data showing US inflation rising at a slower-than-expected headline rate of 3.2%, and core consumer price index (excluding energy and food costs) running at a 4.7% annual pace. This video provides an in-depth analysis of Goldman's predictions and the potential implications for monetary policy, inflation trends, and the broader financial landscape. #GoldmanSachs #FederalReserve #InterestRates #Inflation #CPI #MonetaryPolicy TOPICS AND TIMESTAMPS: Economy 0:00 Debt 5:48 AI Crazy 11:48 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

Southern California’s Hot Warehousing Market Is Cooling Off Vacancy rates for industrial real estate are ticking up in a region that was considered effectively booked up a year ago. Logistics companies are finding something in Southern California they hadn’t seen in several years—empty warehouse space. One of the tightest industrial real-estate markets in the country is showing signs of loosening, industry experts say, as soaring rents, limited empty space and plummeting import volumes drive companies to look elsewhere for warehouses. The warehouse vacancy rate in a logistics-heavy region called the Inland Empire jumped to 3.8% in the second quarter from 1.2% a year earlier, according to real-estate services firm Savills. That is still below the nationwide vacancy rate of 4.8% but a sharp reversal from a yearslong contraction that left one of the country’s busiest warehousing markets effectively full. #inflation #CPI #PPI #china TOPICS AND TIMESTAMPS: Inflation Mixed 0:00 Indicators of Slowdown 8:22 Thrive and Prosper 12:45 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023

China Export Prices See Biggest Drop In A Decade Falling demand, commodity deflation and high inventories lead to price cuts. A big driver of low prices this year is the build-up of inventories over 2020, and in the first quarter, during a burst of optimism following the end of restrictions. That has since reversed, with businesses cutting prices to reduce their stock. Vivian Feng is a Shanghai resident who purchases discounted goods, from farm products to Nike Inc.’s t-shirts, and sells them to neighbors in her residential community. She said her suppliers have cut prices significantly this year due to high inventories and soft demand. “Some well-established apparel brands used to offer products for the group-buy channel at around 40% of the original prices in 2021, and they’re now selling at just 10% or even less,” said Feng. Some economists expect consumer inflation to trend lower for a few more months before picking up toward the end of the year as the higher base of comparison with last year fades and domestic demand picks up. Economists surveyed by Bloomberg expect full-year inflation to reach just 0.8% in 2023, the slowest pace since 2009. Low inflation is driving up real, or inflation-adjusted, interest rates in the economy, pushing up businesses’ debt-servicing costs and undermining the central bank’s pledge to spur lending. TOPICS AND TIMESTAMPS: Deflation in China 0:00 China vs the World 5:59 What You Need To Watch 8:34 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 ————————————————————————————————— #money #inflation #investing

On July 18 2023, I said “on a month over month basis, we could start seeing increases”. Now it has happened as the favorable year over year effect is over. US Core CPI posts the smallest back-to-back increases in two years, a key measure of consumer prices that signals a moderate rise in inflation. With a 0.2% increase in July, led by shelter, and decreases in the prices of used vehicles and airfares, the core consumer price index indicates underlying inflation trends. The core CPI rose modestly for a second month, reflecting the smallest consecutive gains in over two years, according to Bureau of Labor Statistics data. Economists view this core measure as a vital indicator of underlying inflation, showing the Federal Reserve's impact in taming inflation without sparking a recession. The overall annual CPI measure picked up slightly, the core CPI YoY stood at 4.7%, and the nation's highest interest rates in 22 years played a role in calming price pressures. Housing costs contributed to more than 90% of the overall CPI increase, while used-car prices fell, and airfares posted significant declines. American households faced increased costs for groceries, utilities, and gasoline, with auto insurance witnessing the most significant rise since 1976. While the Federal Reserve may leave rates unchanged in their next meeting, inflation remains above their target, posing challenges for monetary policy. The video delves into these trends, offering an in-depth analysis of the current inflation landscape, Federal Reserve's role, and the broader economic situation. #CPI #inflation #FederalReserve #consumerprices #economy TOPICS AND TIMESTAMPS: Inflation News 0:00 Consumer 7:26 Money Supply 10:50 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 ————————————————————————————————— #money #inflation #investing

The most worrisome such blaze, say analysts at Goldman Sachs, is surging local government debt levels that President Xi Jinping’s men have done their best to hide. The default troubles at the globe’s most indebted property development seem like small embers compared to the $8.2 trillion worth of local government financing vehicles outstanding. And that’s just the LGFVs we know of. The data that Goldman’s Maggie Wei highlights is as of the end of 2020. Clearly, the tally is higher now—perhaps markedly. Ten months ago, these shadowy investment schemes had reached 53 trillion yuan, up from 16 trillion yuan, or $2.47 trillion, in 2013. They now amount to roughly 52% of China’s gross domestic product, topping the official amount of outstanding government debt. In other words, as scary at the $300 billion Evergrande story might be, Xi’s government has much bigger problems on its hands. The most acute: keeping GDP this year from falling too far below the 6% Beijing hoped to produce without adding to the nation’s bubble troubles. #china #evergrande #realestate #crisis #realestatecrisis #debt TOPICS AND TIMESTAMPS: 8 Trillion 0:00 De-Dollarization 12:40 Geopolitical 15:21 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 ————————————————————————————————— #money #inflation #investing

USE MY LINK: https://moneypickle.com/themoneygps Inflation is always a concern as central banks devalue our currencies. We need to invest to not only keep up with inflation, but hopefully grow beyond it. It’s important to use the best resources we have in order to make the right decisions. That includes information perhaps we would disagree with. I'm always asked the question of what I should do about investing? Should I invest in stocks? How do I go about estate or retirement planning? Regardless, it is important to do your research first. Don't go about it alone. In my personal journey I spent every waking hour reading book after book after book of financial history. Every moment in travel listening to audiobooks. You have to look at the 30,000 foot view. You have to look from the top down. It's important to see the bigger perspective before investing. Financial advisor, financial advice #money #inflation #investing #moneypickle #fiduciary #CFP #financialadvisor #financialadvice ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 —————————————————————————————————

Explore the current economic landscape with insights into yield curve inversion, inflation, deflation, and federal reserve policies in this in-depth analysis. Yield curve inversion has historically been a significant indicator of upcoming recessions and financial turmoil, and this video breaks down what the latest yield curve movements mean for the economy. Inflation, a persistent and concerning economic issue, is analyzed, covering its root causes, impact on consumers, and how governments and central banks are reacting. Conversely, deflation and its effects on the economy are also covered, offering insights into scenarios where deflation might arise and its potential consequences. Special attention is given to the role of the federal reserve in managing inflation and deflation, including recent federal reserve decisions, interest rate policies, and quantitative easing strategies. #yieldcurveinversion #inflation #deflation #federalreserve

Explore the current economic landscape, tackling pressing issues such as employment challenges, the ever-entrenched inflation phenomenon, and global demographic trends that are posing negative impacts on economies around the world. Delve into the complexities of robotics and artificial intelligence (AI) as they continue to reshape industries and job markets, and how they interplay with today's employment scenario. In a world where assets are becoming increasingly unaffordable, what does this mean for investors, homeowners, and everyday consumers? The move towards a cashless society is accelerating, with Central Bank Digital Currencies (CBDC) at the forefront, redefining banking, retail, and the way we transact. Understand the intricacies of CBDC, its benefits, challenges, and how it fits into the broader trend towards a cashless global economy. In this comprehensive analysis, we break down the medium-term and long-term economic issues, providing insights, forecasts, and actionable advice to navigate the ever-changing economic terrain. From inflation to employment, from the rise of AI and robotics to the gradual phasing out of physical cash, this video covers a broad spectrum of topics that are critical to understanding where the world economy is heading. #inflation #economy #CBDC #AI #money #investing TOPICS AND TIMESTAMPS: Current Conditions 0:00 Medium Term 4:45 Long Term 7:49 Thrive and Prosper 10:52 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 —————————————————————————————————

Navigating retirement in uncertain times has become a new financial reality as more Americans say they can never retire due to market conditions and economic uncertainty. In the midst of global trade waves, A.P. Moller - Maersk reports robust Q2 financial results, showcasing a strong performance in difficult market conditions. Maersk's insights into the long and deep contraction in global trade reveal a multifaceted economic landscape. The year 2023 sees a credit crunch impact revolving credit, student car loans, and credit card interest rates. Financial insights delve into the credit card interest rate fluctuations, while the FAO Food Price Index rebounds in July, reflecting the economic shifts. High Street retailer Wilko is on the brink of collapse, a sign of mounting pressures on the industry, while Moody's cuts US Banks due to rising funding costs and office exposure. The return to the office is highlighted as Zoom asks employees to return to work for the first time since the, shedding light on office vacancy rates and the future of commercial real estate. Opinions differ as Morgan Stanley analysts forecast a scenario worse than the Great Financial Crisis, while Goldman Sachs and UBS share contrasting views. In July 2023, the CMBS delinquency rate rose, marking the highest level since December 2021, reflecting CRE turmoil and worsening office delinquencies. The current financial landscape includes detailed analysis and imagery depicting global economic trends and transformations. #inflation #realestate #interestrates #commercialrealestate #bankcrisis TOPICS AND TIMESTAMPS: Economy Down 0:00 Consumer Debt 3:32 Commercial Real Estate 8:30 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 ————————————————————————————————— #money #inflation #investing

China’s tech sector is showing the strain from last year’s sweeping U.S. export restrictions, which seek to stall Beijing’s ambitions in cutting-edge industries such as artificial intelligence and supercomputing. Semiconductor imports to China are falling. Chinese companies say they are struggling to get key components and machinery. And chipsets that have been remodeled to make them less powerful so they fall within U.S. rules are now threatened by the possibility of additional restrictions. The distress signals show Washington’s nine-month-old policy of denying Beijing access to the most advanced semiconductors and the tools to make them is starting to bite, despite loopholes and workarounds keeping some key components flowing. The restrictions also show the obstacles facing China in developing domestic alternatives for some of the most sought-after foreign semiconductor technologies. TOPICS AND TIMESTAMPS: WW3 0:00 Why Should You Care? 7:48 What’s Next? 10:35 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 ————————————————————————————————— #money #inflation #investing

TOPICS AND TIMESTAMPS: One By One 0:00 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 ————————————————————————————————— #money #inflation #investing

Explore the detachment of the market from the real economy. Dive into visual insights showcasing economic trends in 2023. Digest the latest jobs report revealing the U.S. added 187,000 jobs in July as economic momentum wanes. Contrast this with the Canadian economy which shed 6,400 positions and saw an unemployment rate spike to 5.5%. Gauge Euro zone's inflation and GDP growth for Q2. Understand Germany's economic trajectory, pondering whether the nation is sinking into a 'slowcession'. Delve into the ECB's precarious position, seemingly trapped between Japan and the US economic strategies. Visualize global debt projections up to 2027. Lastly, arm yourself with recession-proof business and product ideas for 2023 to navigate the shifting economic landscape. #stockmarket #Economy #Germany #GlobalDebt #Recession TOPICS AND TIMESTAMPS: Stock Market Overreaction 0:00 Economy Looking Weak 2:59 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 ————————————————————————————————— #money #inflation #investing

Biggest single-day dollar slide in three weeks Dollar's drop erases almost all the week's gains Jobs growth slows but wage gains point to tight market Focus now on consumer price index (CPI) next week NEW YORK, Aug 4 (Reuters) - The dollar fell on Friday, paring almost all the week's gains, after slowing U.S. jobs growth in July encouraged hopes of a soft economic landing but higher wages suggested the Federal Reserve may need to keep interest rates higher for longer. The U.S. economy added fewer jobs than expected last month. However, solid wage gains and a drop in unemployment to 3.5% signaled continued tightness in the labor market. Nonfarm payrolls increased by 187,000 jobs last month, the Labor Department's survey of households showed, less than a Reuters' survey of economists who forecast growth of 200,000. TOPICS AND TIMESTAMPS: What the Charts Say 0:00 Global Actions and Consequences 10:37 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 ————————————————————————————————— #money #inflation #investing

Impact of Fed Rate Hikes on Credit Card Debt | Hiring Fatigue & Interest Rate Collisions | China's Consumer Support Strategy Explore the repercussions of Federal Reserve rate hikes on balance-carrying cardholders. Understand the economic struggles of UCLA students resorting to living in their cars Student debt. Gain insights from a economist on how interest rate hikes will clash with hiring fatigue next year, as reported Interest Rate Hikes Learn about the permanent decline in Canadian living standards Canadian Living Standards. Examine China's approach to spurring the economy without direct consumer support, as revealed by Bloomberg China Economy Consumer. Grasp the implications of Saudi Arabia's extension of a voluntary 1 million barrel per day oil production cut Oil Production. Consider the tight loan standards reported by banks in 2023 Bank Loan Standards. Learn why many small US banks are unprepared to borrow from the Fed in an emergency Fed Emergency Borrowing. Discover why US home prices haven't fallen significantly despite Fed rate hikes #inflation #HomePrices #FedRateImpact #EconomicUpdate #FinancialNews. TOPICS AND TIMESTAMPS: Consumer Down 0:00 What About the Banks? 7:44 ————————————————————————————————— 🔥 All My Tips and Strategies on the Discord Community: 🔥 https://discord.gg/QNgHFgxkq9 ————————————————————————————————— 💵 HOW TO MAKE MONEY ON AMAZON: 💵 👉 http://TheAmazonGPS.com 👈 ————————————————————————————————— LOOK THROUGH MY BOOKS! http://books.themoneygps.com MY FAVORITE BOOKS: https://youtu.be/Y_mwbfp1ULU SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 ————————————————————————————————— Sources Used in This Video: http://bit.ly/TheMoneyGPSSources2023 ————————————————————————————————— #money #inflation #investing