Mass Layoffs Have Begun Everywhere | Powell Admits Hard Landing!
My New Channel:
https://www.youtube.com/channel/UCWx1ZkC9eM4khwdr7zplo8g
TOPICS AND TIMESTAMPS:
The Next Recession 0:00
Layoffs 0:18
Central Banks Did This 5:20
Ray Dalio 9:18
As of a today, the Federal Reserve raised their benchmark interest rates by ANOTHER 75 basis points while they move forward on their path to cool down the highest inflation we’ve seen in more than 40 years….this was the LARGEST RATE HIKE since 1994, and - it’s only just the beginning.
The Federal Reserve is currently scheduled to meet 4 MORE TIMES throughout the rest of the year, in July, September, November, and December…meaning, we could potentially see MORE 75 BASIS POINT RATES HIKES….bringing us to a 3.5%-4% federal funds rate by the end of the year.
This would put us at a level not last seen since the beginning of 2008…RIGHT as the United States entered The Great Recession. Of course, there ARE WARNINGS that a recession may simply be UNAVOIDABLE, or that they’re MORE LIKELY TO RISK ONE for the sake of bringing down inflation…but, regardless of what happens, the Federal Reserve DID signal a few forecasts in terms of what’s to come:
First….whether or not you believe it…they think that inflation has ALREADY BEGUN TO PEAK, and that prices will begin to cool down throughout 2023 and 2024, eventually returning to their baseline of 2%.
Second, they also projected a slowing economy throughout the next 2 years, with the unemployment rate beginning to SLIGHTLY increase.
Third, by bringing down demand - we increase our chances of entering into a Recession. See, their goal, on the surface, is to raise rates ENOUGH to slow down demand to a level that matches supply…and, that’s already beginning to happen. Retail sales have reported down, right as energy costs have soared…so, it’s logical to assume that people will begin to cut back.
And fourth, they were quoted as saying: “clearly, today’s 75 basis point rate hike was an incredibly unusual one…and I do not expect moves of this size to be common,” - which, the market loved. HOWEVER…just remember, a month ago, a 75 basis point wasn’t even considered…proof that anything can happen, and should be taken with a grain of salt.
As far as what YOU can do about this…practically, do your best to pay down variable interest rate debt...always get a fixed rate loan if you’re worried about rates rising much further…and, the boring answer: stay the course as usual…because every piece of data tells us that THIS is most likely going to make you the MOST MONEY, long term.
—————————————————————————————————
💵 HOW TO MAKE MONEY ON AMAZON - FREE eCOURSE: 💵
👉 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
—————————————————————————————————
T-SHIRTS: http://merch.themoneygps.com
—————————————————————————————————
Sources Used in This Video:
http://bit.ly/TheMoneyGPSSources2022
—————————————————————————————————
The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It's simply data that is generally not found through conventional means.
#money #inflation #investing
Music Provided by Skip Fearless
Graphics: https://foundation.app/@Haptic404
https://www.instagram.com/haptic404/
-
16:23
The Money GPS
10 months ago $0.15 earnedLet Me Tell You Exactly Why Prices Are About To Shock You
5732 -
Akademiks
8 hours ago6 more Diddy Lawsuits. Kanye Gets Sued for SA. Gucci3rdLeg Infects Whole OF Game. Rooga press Adam?
77.6K17 -
7:46:01
Phyxicx
10 hours agoDome After Dark: Off The Grid and Scary Videos! - 10/14/2024
66.5K2 -
3:50:58
leeannstar
13 hours agoResident Evil 4 again because I love it lol and Ppl in NC still need help
50.4K9 -
23:55
Josh Pate's College Football Show
12 hours agoOregon KNOCKS OFF Ohio State 32-31 - Josh Pate Reaction
44.9K12 -
1:22:59
Glenn Greenwald
11 hours agoJD Vance / Martha Raddatz Conflict Reveals Elite Detachment; New Studies Document U.S. Funding Of Israel & Real Gaza Death Toll | SYSTEM UPDATE #352
103K237 -
2:08:33
Flyover Conservatives
1 day agoDR. TROY SPURRILL | Deep Dive: Injecting God and Hope Back into the Medical System | FOC Show
71.7K23 -
2:32:32
We Like Shooting
19 hours agoWe Like Shooting 580 (Gun Podcast)
46.1K9 -
55:03
LFA TV
1 day agoRegime Media: Illegal Aliens Have Taken Over Only a ‘Handful’ of Buildings | Trumpet Daily 10.14.24 9PM EST
70.8K78 -
1:08:51
Steve-O's Wild Ride! Podcast
1 day agoTara Yummy Is On Top Of The World - Wild Ride #238
108K57