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@barryfleming84882 ай бұрын
Are you getting any hair gel promotion offers?
@issenvan10502 ай бұрын
When will you interview Tom McClellan?
@utiz43212 ай бұрын
Where are they going to go? They are making a killing in the rest of the world. So, there.
@SeaJay_Oceans2 ай бұрын
So ? Economic Collapse is a redistribution of wealth as the victims of capitalism EAT THE RICH.
@WillieNickell2 ай бұрын
The bank crisis isn't over yet, and experienced individuals know credit crises don't end quickly. Some find it amusing that some think it's resolved, but in reality, we're headed for a major economic downturn due to this credit contraction.
@tmer8312 ай бұрын
After the '08 financial crisis, I've learned not to trust corporations. Since 2020, I've been investing with a financial advisor and have had no major losses, so I'm not going back to relying solely on banks.
@DavidCovington-st2id2 ай бұрын
Many overlook that banks are profit-driven businesses. I don't trust keeping a large sum in a bank, instead, I invest with guidance, enjoy the benefits, and save for retirement.
@SteveDutton-v2 ай бұрын
How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?
@DavidCovington-st2id2 ай бұрын
'Sharon Ann Meny' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
@SteveDutton-v2 ай бұрын
Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.
@JefferyDuns2 ай бұрын
Really, banks require more regulation. The entire idea of banking as "let's gamble" is terrifying. Because they discovered in 2008 that the government will always bail them out, there are no repercussions. These bank crisis are so worrisome. This whole financial crisis and the Great Recession posed the most significant macroeconomic challenges for the United States in a half-century, leaving behind high unemployment and below-target inflation and calling for highly accommodative monetary policies. And this is only the beginning
@PhilipDunk2 ай бұрын
Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply focus on diversified investments through a financial advisor, collect my profits, which I either spend or repeat the process. Never been this comfortable with my finances.
@PatrickLloyd-2 ай бұрын
I have learnt not to trust corporations, especially these banks. I was badly hit by the '08 financial crisis. Since 2019, I've just been focused on investing through a financial advisor and it has been paying off. No major loss has ever been recorded since 2019 i started. I'm closer to having a million now than i ever was with the banks. I'm never going back to banks full time.
@mikeroper3532 ай бұрын
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
@PatrickLloyd-2 ай бұрын
I definitely share your sentiment about these firms. Finding financial advisors like Sharon Ann Meny who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@mikeroper3532 ай бұрын
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
@NicholasBall1302 ай бұрын
About the current bank situation, I'm really concerned. I am worried about a lot more if a bank the size of SVB may fail. I have a friend who manages a fast-growing startup and was severely impacted by the bank run. I have taken more than $840k out of my bank. Since the FDIC only provides coverage up to $250K, an implosion could have negative consequences. presently want to invest in the stock market. Does anyone have any ideas on how I might proceed?
@StocksWolf7522 ай бұрын
It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points
@StacieBMui2 ай бұрын
We fail to realize that banks are commercial enterprises that are driven by greed as well. The over-leveraging of assets by banks starting in 2020 was one of the factors that led to SVB's collapse. I've never felt secure keeping a large sum of money in a bank. In other words, I invest through my financial advisor, reap the benefits, and then spend the money.
@LiaStrings2 ай бұрын
this is incredible! how can I vet your advisor, mind sharing info, if you please?
@StacieBMui2 ай бұрын
Credits goes to "Sonya Lee Mitchell" one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
@VictorBiggerstaffАй бұрын
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
@jerrycampbell-ut9yf2 ай бұрын
It was a very bad decision to remove the Glass-Steagall Act in the late 1990s, which led to the spectacular failure of huge banks during the financial crisis of 2007-2008. To prevent another disaster, Dodd-Frank and this statute both need to be reestablished right away. What happened with SVB is only the beginning of what will happen if nothing is done to address the current situation.
@Peterl42902 ай бұрын
I believe SVB was making an effort to reorganize their bond portfolio. Yes, they would lose money if they sold their low-yielding bonds. But, they were trying to make up for it by repurchasing bonds on the open market at the higher interest rate.
@larrypaul-cw9nk2 ай бұрын
Although the economy has so far held up, the SVB scenario serves as a warning that Fed rate hikes are still having an impact. At times like this, investors must be vigilant about the next inevitability. You don't have to act on every forecast, therefore I'll advise you to hire a financial counselor. This has been my fallback position for a while.
@sabastinenoah2 ай бұрын
Would you mind telling me how to contact this specific coach using their service? Unlike the rest of us, it appears you have figured everything out.
@larrypaul-cw9nk2 ай бұрын
Her name is “Annette Christine Conte” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
@sabastinenoah2 ай бұрын
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
@Miakate-f3l2 ай бұрын
A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
@Steven-u2u2 ай бұрын
These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.
@Sofiapaate2 ай бұрын
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same. Is there any chance you could recommend who you work with?
@JaneBlac-2 ай бұрын
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
@Beatricegove7332 ай бұрын
Sadly, banks continue to stumble, mortgage rates is on the rise with higher imports and lower exports, yet the FED is to lessen cost. So, where do we grow and safeguard our money now? something will eventually break if they keep raising interests and quantitative tightening.
@foden7002 ай бұрын
ideally, you should consider financial planning to get the best results with your money, notwithstanding economy situation
@brucemichelle5689.2 ай бұрын
Well agreed, I'm quite lucky exposed to finance at early age, started job at 19, purchased first home at 28, got married shortly afterwards to raise kids early. Going forward, got laid-off at 40 amid covid '19 outbreak, immediately consulted with an advisor in order to stay afloat and after subsequent investments, I'm barely 25% short of $1m ballpark goal as of today.
@PatrickFitzgerald-cx6io2 ай бұрын
that's incredible! would you mind if I vet your advisor please? started investing in stocks november 2022, but not confident to make the correct investments as of now, seeking professional help to achieve my financial goals
@brucemichelle5689.2 ай бұрын
‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
@PatrickFitzgerald-cx6io2 ай бұрын
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
@michaelschiemer32 ай бұрын
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
@Jamesbrown11262 ай бұрын
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
@Dantursi12 ай бұрын
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
@CindyValenti2 ай бұрын
This is huge! think you can point me towards the direction of your advisor? been looking at advisory management myself.. seeking ways to invest and make more money with the uncertainty in the economy.
@Dantursi12 ай бұрын
Annette Christine Conte is among the most accomplished portfolio managers in the industry, widely acknowledged for her outstanding work. I highly recommend taking a closer look at her impressive portfolio.
@CindyValenti2 ай бұрын
Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Amber.
@chimpmunkboy88502 ай бұрын
I’m retired Army. I did well, survived without major injury. I would not recommend the military to young people. The rich send the poor to war to die while the rich get richer from the military industrial complex. Go to college or learn a trade and save/invest while you are young.
@fredforsythe83102 ай бұрын
"We are going to invade" means you are going to invade and send the loot to us.
@rogerburn51322 ай бұрын
Exactly make y tube program and explain to the poor uneducated yang how the government are using them for War. What about sending the politishans to the front line on War
@dawidmadejski57042 ай бұрын
True. Respect to you for your wise advice to young people
@erickanter2 ай бұрын
Much respect.
@LilyBelamare2 ай бұрын
Sad and true! Stop going to wars!
@donhug-q8k2 ай бұрын
Banks are becoming less reliable than in the past. The looming banking crisis is expected to be significant and devastating for those who are not ready. I recently withdrew $370k from my bank to invest in bonds and stocks of companies with strong cash flows. I think it's a great opportunity to seize the market for long-term profits. Any suggestions for promising stocks would be welcomed.
@OliviaDawn322 ай бұрын
Hey , I dont think here is the place to ask such questions, looking at your budget. You should consider a financial planner.
@KevinCollins-kg5hl2 ай бұрын
True. My $400K portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
@donhug-q8k2 ай бұрын
Who is the financial planner you're working with, and what's their strategy behind your investments?"
@KevinCollins-kg5hl2 ай бұрын
I’m proud to work with Monica Mary Strigle, a highly esteemed and experienced CFA. Her impressive credentials and expertise make her a trusted authority in the financial industry. I highly recommend researching her and seeking her guidance for navigating the complex financial landscape. Her wealth of knowledge and expertise are invaluable assets to anyone seeking to make informed investment decisions.
@donhug-q8k2 ай бұрын
thanks for this recommendation . I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.
@tx88482 ай бұрын
This guy is kinda right about No signs of a recession because its going to skip the recession and go straight to a Depression 🤡💯
@TheThreadofLifeInc2 ай бұрын
Rent control is essentially capital control. If you are going to instill capital controls on one thing, you have to do it with all things in the economy and set a standard price for everything. That’s why it will never work. The solution to the problem is free market capitalism and a responsible government. Currently, we have neither.
@OldManNutcakez2 ай бұрын
What exactly is stopping the current developers and landlords from providing affordable housing? They would rather build "luxury" that sits empty, because it becomes an investment asset rather than a cash flow producing asset. And it is essentially the free market that is financing all of this. Not the government not even the Fed. Sorry, but free markets aren't gonna solve housing issues. Creating unaffordable housing is profitable
@1philliph2 ай бұрын
Unfortunately free market capitalism is not sustainable. Our current situation proves that. It's not use responding with a yes but. It is what it is.
@TheThreadofLifeInc2 ай бұрын
@@1philliph we don’t have free market capitalism. We have a controlled market oligopoly/neo-feudalism hybrid system. A free market preserves the upward mobility for all.
@splash48912 ай бұрын
agreed, it will not work, the rent control is a joke...but our current system is doomed to fail too...we need serious revamping, the hard part is, how, who and when...but certainly not to the current powers that shouldn't be...they are what got us here in the first place
@danielhutchinson66042 ай бұрын
We do need to discuss the effects of Capital to dictate Policy? The discussion may prove difficult after economic collapse?
@Shadowcruise992 ай бұрын
*The concept of supporting a corrupt government with a national sales tax is repugnant!*
@danielguide24572 ай бұрын
All three of the market's indices have experienced declines in recent weeks, signalling the market's suffering over the past month. My $400,000 portfolio has lost about 20% of its value; I would greatly appreciate any advice on how to increase my returns before I retire.
@BINDERANDREAULRIKE2 ай бұрын
Losses and blunders can result from investing without the right direction. I know this since I've been there myself.Seeking guidance from a professional is preferable, especially if you're new to investing or have limited time.
@WilliamsTyler52 ай бұрын
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
@JamesPieters2 ай бұрын
Where can I locate a certified financial planner? It would not be a problem for me to find the expert who assisted you. In two years, I'll be retiring, and I could need help managing my considerably larger wealth. Want to avoid taking any chances
@WilliamsTyler52 ай бұрын
I work with Melissa Jean Talingdan, a licensed fiduciary. Simply look up the name. You would locate the information needed to work with a letter to schedule a meeting.
@WilliamsTyler52 ай бұрын
I work with Melissa Jean Talingdan, a licensed fiduciary. Simply look up the name.
@quixomega2 ай бұрын
Canada already has a national sales tax, it let them balance the budget for while. But they've found a way to waste even more money now.
@Lexman002 ай бұрын
You're purposely leaving out that Canada has BOTH a national sales tax, AND an federal income tax. The point is to have one of those, not both. So, of course the government was going to have more money to squander.
@irszgatti2 ай бұрын
I'll speak about Alberta Canada. Let's say you are an oilfield worker and get your pay... it'd have deductions for Canada Pension contributions, provincial income tax, and federal income tax. when we go buy what we need it's like this... fuel has a number of taxes rolled into the price. "sin" items such as tobacco have a massive price, the groceries have exploded in price as mentioned here with examples where things now cost double what they did a few years ago. To top that, our utilities prices include so many extra charges and carbon taxing and regular taxes all while our currency value erodes. Just had a little rate cut here recently I guess, but to me... the situation here seems very similar to the USA so... Canada has kicked the can down the road in terms of the housing markets for so long they probably don't even consider solutions, just ways to stay alive and keep LEECHING from the workers. Word on the street is that it's becoming popular to mention how a vast swath of market participants and shareholders simply make more money in a year than a 60 hour a week northern oilfield laborer. Point is, the government caters to the stability of the market with stimulus to support the system, while Joe worker just went from 800 a month in food costs to 1200+. This demographic of people.... every hundred measly bucks they get counts. When the USA has reached a particular stage in its fall, I think we'll really get to see what Canada is made of. It's ridiculous up here though... Trudeau hasn't really been that great, and there is not a single candidate that even appears string or knowledgeable except perhaps Daniel Smith, the premier of Alta, Can.
@zorrosword1232 ай бұрын
No mention of how to decrease government size? Which agencies have to be curtailed and phased-out? Only taxes, taxes, taxes.
@barcooter82482 ай бұрын
The UK did pay back it's Dollar denominated debt from WWII, it only finished paying it off on 31st December 2006.
@fredforsythe83102 ай бұрын
Those 'savings' went into the gullet of Brussels
@bigpond55552 ай бұрын
The alternative outcome would have been MUCH worse.
@fredforsythe83102 ай бұрын
@@bigpond5555 Wanna bet?
@TheTraderGuy2 ай бұрын
Every day, I hear how shit is falling apart. That's been the case since 2008. Someday, these people will be correct. I get why they think that, but never underestimate the ability of large firms to keep the scam going.
@GiacomoRavioli2 ай бұрын
It should but the moneylenders are pros at scamming.
@joshstieneker46152 ай бұрын
@TheTraderGuy Blackrock will keep things going. They are buying up all the Bitcoin. They will be the most powerful entity on the planet. Now Larry Fink is supposedly going to be the new head of US Treasury if Trump gets elected. There will be some major economic change coming if all of this happens, hopefully for the better. It all depends on how huge crypto becomes in the near future. If Trump gets elected, say goodbye to the US dollar. This may not be a bad thing, however. All I can say is, prepare.
@tmanthemotivator2 ай бұрын
They're going to print until the end
@GiacomoRavioli2 ай бұрын
@@tmanthemotivator
@rubicon34162 ай бұрын
Yes, it's been a long game, but we're nearing the 8th or 9th inning.
@NoExcuses8882 ай бұрын
United States balance a budget? That will NEVER happen!
@MarekKolenda-cr8vr2 ай бұрын
Unfortunately right
@angiecheesman31142 ай бұрын
How do you balance a 34 trillion dollar debt…..please explain?
@cyberpunkalphamale2 ай бұрын
we dont want a balanced budget
@jarinorvanto43012 ай бұрын
Chuckle. /The Cackle
@HAMBURGER-s1l2 ай бұрын
The country got addicted on easy money and ignores balancing the budget for decades. The rooster will come home to roost eventually.
@darinmoor2 ай бұрын
Things have gotten so tough lately. My mom is really stressed about what to do with her savings of $280k. She’s not sure where to invest it given all the uncertainty in the economy. Anyone else feeling the same confusion?
@Erinmills982 ай бұрын
I hear you, Darin. The financial landscape is incredibly volatile right now. I've been diversifying into commodities and real estate, but even those markets are unpredictable. It's tough to find a safe haven these days.
@AstaKristjan2 ай бұрын
This is why I'm all in on cry-pto. Sure, it's volatile, but the potential for returns is massive compared to traditional invest-ments. Plus, it’s a hedge against inflation, which seems inevitable with all the debt piling up.
@MuradSamadov-n6i2 ай бұрын
I’ve been focusing on dividend-paying stocks and blue-chip companies. They might not offer explosive growth, but they provide some stability and regular income, which is crucial in times like these.
@LarsBergstrom-uh2eu2 ай бұрын
We're in the same boat. My mum is looking a solid guidance. Any recommendation of an expert adviser who charges from AUM would be amazing
@AstaKristjan2 ай бұрын
The invest-ment adviser I use is Kristin Amy Rose. Been amazing for my personal finance. Just look her up
@robertbender732 ай бұрын
He's corrrect, the mortgage agencies (90% of the home loans) have massive deliquencies in forebrarnce, which dont get counted in their del. loan numbers. Govt has modified these loans multiple times, yet they cant perform. Data is being hidden to prevent RE panic.
@bpb55412 ай бұрын
@@robertbender73 agree but they will only be able to hide it for a little bit longer.
@nalivkin-ls3pg2 ай бұрын
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
@Matthew-mb6oy2 ай бұрын
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
@Manselus-c1f2 ай бұрын
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
@Theodore4542 ай бұрын
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
@Manselus-c1f2 ай бұрын
Angela Lynn Shilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
@Theodore4542 ай бұрын
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
@tmanthemotivator2 ай бұрын
Hey man, i love your show, but why does your hair always look like you just left the bar at 3am
@banana-lakefishing60772 ай бұрын
Like Hulk Hogan
@FecklessFroghopper2 ай бұрын
Who says he didn't?
@kaymish61782 ай бұрын
3AM bar hair is the height of fashion right now. All the cool guys are sporting it.
@jimbrown3412 ай бұрын
Why does that bother you? Are you one of those men who talks in a higher octave, does weird movements with your wrists when you talk, and you like dudes? 🤮😂
@IgorB92 ай бұрын
The fed won't cut until they panic, and when they panic even cutting to zero there is no stopping that train wreck
@23drcharles2 ай бұрын
The new book The Bubble That Broke The Bank argues that the Siamese twins of real estate and banking will hit their bottom in 2026. The Commercial Loans are pushing the can down the road and banks are begging the Fed to lower rates as soon as possible. The political candidates are unaware of the collapse and are now planning to build more homes during the crash.
@satyajitmohapatra29432 ай бұрын
During your interview's, could you please prod the speaker more on timelines. Example - companies are going to tighten and unemployment is going to rise - when, what time frame?
@BlueWaterSTAX2 ай бұрын
Well done guys. We appreciate brilliant discussion's.👍
@blauschuh2 ай бұрын
This guy was recommending NY Community Bancorp at $27 (as the 'one bank' that could weather the 'storm') ... it's now at $11
@Resmith18SR2 ай бұрын
I'm sure he's not missing any meals over it. 😂
@maxs3512 ай бұрын
This guy is not making any dough. Better look at proven traders. Like Jason Shapiro.
@cyberpunkalphamale2 ай бұрын
@@maxs351 i like jason and tony drager
@mmercato71742 ай бұрын
Dont take him serious !
@kaymish61782 ай бұрын
I'm listening to what he's saying shaking my head thinking he has no idea what he is talking about.
@pwatom222 ай бұрын
Allowing home prices to fall would be the best thing. We need a floor on interest rates, at least 4% to prevent asset bubbles and malinvestment.
@downunda1072 ай бұрын
Christopher is a reality thinker. Well articulated. Grateful . ThankYou David .
@babylom1052 ай бұрын
If inflation continues to re-accelerate, don't you think they will be forced to increase interest rates? It's not like they have the option to just stand back and watch it increase and hope it comes back down. They indicated they will act not just if it does not re-accelerate but if it does not demonstrate, it is actively on the way down to 2%, so the likelihood of an interest rate hike seems very significant. There's nothing to naturally bring inflation down at this point unless the labor market implodes.......currently I've been engaged in active trading, which is generally safer, allowing investors to weather market volatility and also managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@babylom1052 ай бұрын
Sandy Barclays program is widely available online..
@shamnalie2 ай бұрын
When it comes to investing, we want our money to grow with the highest rates of return, and the lowest risk possible. While there are no shortcuts to getting rich, but there are smart ways to go about it.
@LucasToledo-bb5gm2 ай бұрын
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience.
@jchall122 ай бұрын
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
@Birdman59022 ай бұрын
Sandy Barclays’s understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. Her siignals are top notch..
@FrankPatrick-no8zo2 ай бұрын
It's crucial to manage money wisely, invest prudently, and navigate economic downturns, especially now. I'm concerned about increasing my $300k reserve, which has been idle and not generating profits. Inflation is eroding my savings, and my portfolio is losing value. I need a solution.
@CrystalJoy-322 ай бұрын
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
@RuthEvelyn-rc3bg2 ай бұрын
You are entirely correct; advisors possess knowledge and options that are not made available to the general public. In 2023, I made $560k thanks to my fiduciary counselor's guidance. Do I make sales? Without a doubt. I'm going to take a seat back and watch how everything unfolds.
@Sampson-jh7yq2 ай бұрын
Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
@alicegomez72322 ай бұрын
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
@Sampson-jh7yq2 ай бұрын
Amber Michelle Smith has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
@warningsigns45262 ай бұрын
we are in a movie - Babel on - bread and circus -
@kmilton15932 ай бұрын
Great guest, David. Christopher is correct: why not leave interest rates just where they are? (At least the savings accounts make a bit of interest revenue here). My only consumer spending this year is groceries and fuel. Prices for parts/repairs for farm equipment has skyrocketed. (no holidays, no restaurant meals).
@rubicon34162 ай бұрын
Because we can't pay the interest on the national debt, now at or over 1 trillion per year. We're in a debt trap.
@jacktesmer2 ай бұрын
This guy was very informational, thanks for having him on to share!
@Joey-Jets2 ай бұрын
This guy is great, less guests talking technical analysis bs and more of this.
@faithsrvtrip87682 ай бұрын
Loyalty matters. I'm working with someone for the summer season. I was stunned when she lied to my junior manager, in front of me, and threw me under the proverbial bus! I don't gossip with my co-workers so it shocked me. This woman is clueless as to why the room temperature drops to very chilly when I enter and have to deal with her, now. I consider myself to be a consummate professional and this woman doesn't even realize what she did to me, to my face! I don't snitch on co-workers. It would have to be something illegal or immoral for me to say one word to my supervisor about a co-worker. This gig ends on September 20th otherwise I would have quit that day.
@drewstead3162 ай бұрын
A lot of women are programmed to lie, cheat, and steal as a way of life
@HML-it7te2 ай бұрын
I commend you for sticking to your guns. My wife has just gone down a similar path with “The Board”…more precisely one or two on the board with the other sheep following…that’s fine as she has worked her guts out for them, their clients and the community over the years. She leaves this dedicated, loyal, skilled workforce which is the hardest part. She was a salaried manager/educator with high level Counselling education and more importantly decades of experience and typically worked 80-90 hours a week on average with this increasing to 100 during periods. They have lost a dedicated gifted employee and they will never find a replacement like her again. Fools. Their loss, my gain as I have gotten my wife back again. With her new employer she works more normal hours with improved corporate structure backing their business. The previous mob could have been taken to court, as they wanted her to be a church elder and refused (it’s not like she didn’t do enough for them already)! This is what it was all about. Religion and “extra” servitude. You’ve done the right thing to stick to your principles and move on. You’ll get to know others working in your industry in time and find the employers worth your time, energy, skills to work for. By the way, her new employer has been headhunting her for years:) All the best for your future, work satisfaction is very important as it’s not really work then at all.
@dwood20102 ай бұрын
?
@ThatLife4U2 ай бұрын
These next 4 years will be fascinating in politics, policies, and investments.
@issenvan10502 ай бұрын
How does gold perform in this environment? & if there is no recession, why will the FED cut?..
@superhearingcloud21912 ай бұрын
this guy reminds me of the guy who was pranked with spicy food in dumb and dumber
@mth4692 ай бұрын
he is the founder of the Whalen-Yutani corporation as mentioned in the movie Aliens.
@nobodysfool22322 ай бұрын
This guest is incredibly knowledgeable about all credit sectors. WOW
@minnesotasalamander59132 ай бұрын
Chris is a good teacher. Good interview.
@zonnobux39452 ай бұрын
Excellent discussion. Let's hear from Christopher Whalen more often.
@johnmay96992 ай бұрын
Housing crash will make 2008 childs play.
@bpb55412 ай бұрын
Don't forget credit caused the Great Depression and FOMO caused the Dot Com bubble. We get those two with a GFC like event, next. I am ready.
@TheTranquilTrader2 ай бұрын
Idc, Im thinking small correction. As long as there are more and more people coming to America, demand increases.
@bpb55412 ай бұрын
@@TheTranquilTrader our population has flatlined. It is too expensive to have kids so the younger generation are deciding to have them. There is a lot of strife about immigration here. We certainly are not doing a good job with it and it needs fixing. IMHO the only thing that will help America out of the mess it has gotten itself in is going to be immigration. If Trump wins he will shut the boarders down or at least make it much harder to get it.. which is good if they are illegals. Regardless we have Boomers retiring at a faster and faster pace as the years go by. That means less and less people being productive and more people pulling for the social services like social security. That is due to dry up NLT 2035. I think we will be lucky if we get to 2030. Elon musk and Bill Gates have talked about this... it is one of the big threats to a debt based society.
@prolific15182 ай бұрын
The problem is this economic collapse will not be caused by a credit event. It's going to be an employment problem which collapses everything. That's cause for a depression.
@technom35982 ай бұрын
Too much cash on the sidelines
@ChristianDykstra2 ай бұрын
David Lin is a proper journalist
@SpiritintheSky.2 ай бұрын
Outstanding guest. May it not be long before Mr Whalen is invited back.
@elizabethmurray57182 ай бұрын
Do you have the list of the banks going down?
@bobjinessr79572 ай бұрын
This guys everywhere! He da best
@mtrest42 ай бұрын
Sent by the Whalen-Yutani corporation.
@Resmith18SR2 ай бұрын
Is that you, Chris?
@irszgatti2 ай бұрын
"i think he was channeling John Connelly" 😂😂😂😂 nice one
@afterdark68222 ай бұрын
Outstanding conversation.
@josephpurdy83902 ай бұрын
At what point since, March 2020 did we exit the recession? GDP can be masked by increasing the debt burden. Manufacturing here in the United States has been in a decline for the past 40 years. A raise in unproductive employment by various government jobs, and permanent welfare.
@allencoffland16852 ай бұрын
good job David in getting Chris to comment on many issues..........he has such a big brain most of the times he's talking at a level the average investor can't follow
@CT-ig2oz2 ай бұрын
Thanks David and Christopher. Let him come back for another interview 😊pls.
@tropicalbreeze-hh3sh2 ай бұрын
Great guest, thank you David. Aloha!
@stargazer50732 ай бұрын
Great talk, simple and to the point!!!!
@aNotoriousNerd2 ай бұрын
Can the same be said for brokerage firms?
@lunab35732 ай бұрын
Great discussion, thank you David
@haroldgrey1342 ай бұрын
David you need to talk to Jeff Snider about the banks!
@dang66842 ай бұрын
Your blind if you don't see the recession.
@GiacomoRavioli2 ай бұрын
depression
@choppedcheesegaming2 ай бұрын
love when people tell the truth. God speed
@bpb55412 ай бұрын
Not just a liquidity crisis... a collateral, and debt (credit) crisis all at the same time. You all ready?
@davematsch53182 ай бұрын
"the dollar is strong"....are you referring to the USA dollar now valued @ 2-3% of original value?....3 years TOP. Watch😊
@bpb55412 ай бұрын
the dollar is only strong compaired to other fiat debt based currencies. The really story is told by compairing BTC to every assset ... It doesn't matter, pick one... gold, stocks, the dollar. It's all getting eaten. The only thing that going up in real nominal value is BTC. Everything else is falling and has been for awhile. That is why we are in serious trouble. Even the very thing that the whole system is based off of is crap and just getting worse as the debt rise and inflation goes up. It's like a snake eating its own tail.
@alicecooper94722 ай бұрын
since the Fed was created in 1913, with the mandate to protect the dollar
@bpb55412 ай бұрын
@@alicecooper9472 The Federal Reserve's dual mandate is to achieve maximum employment and keep prices stable. Sine 1913 when they were formed the Dollar has lost 96% of its purchasing power, so I disagree with your statement. They have nothing to do with a strong dollar. But don't worry, I got you: The dollar's value comes from the US' position as a critical global economic power and the country's political and economic stability. While it may hold less value than such currencies as the Swiss frank. Remember the currencies trade on the Forex market which is actually much bigger than then the stock market. It price compared to other fiat debt based currencies is done there not at the Federal Reserve. Which is not Federal and not Reserve.
@patrick_McD2 ай бұрын
David is a content machine
@FeelingPeculiar2 ай бұрын
Fa sho
@Jackson-l3r2 ай бұрын
And yet Bitcoin has outperformed every asset shamefully over the last 10 years.
@dianedean41702 ай бұрын
🎉❤😊 Thank you very much, David, for your interesting and informative podcasts. Christopher Whalen is very insightful and realistic about his assessments of financial markets.😊🎉❤
@thegreatpumpkinsloftiestcr3152 ай бұрын
Excellent interview
@cryptoricardo2 ай бұрын
Careful with masterworks, David. Not that great. Plain Bagel did a video on them
@brandonmesser25032 ай бұрын
I agree. There will be no cuts. The math says that this bubble needs to burst. Until housing is affordable again. They fucked up by not putting a moratorium on appreciation when they decided to cause a distortion in housing they caused. THEY KNEW IT WOULD DRIVE HOUSING VALUES UP DRAMATICALLY!!!!!!
@toddhupp2 ай бұрын
super guest.he really gets it.Thank You
@JimmyHat-k4t2 ай бұрын
Nice guest David
@jmencoboni2 ай бұрын
Im happy to have been introduced and learned about decentralized blockchain companies & investing in nodes
@danobrien33402 ай бұрын
Great conversation! I May I suggest further discussion on risks of transactions with bitcoin.
@hughjass-pz3cp2 ай бұрын
when this guy explained the cause and effect of the price of buildings in cities being cut in half, he did it like a side issue. i wish he had elaborated on this issue a little more. actually a lot more. edit: looking at the time line and replay, it appears others feel the same.
@steveborchers20802 ай бұрын
EXCELLENT. A NATIONAL SALES TAX OR CONSUMPTION TAX AND/OR TARIFF TAX IS THE WAY TO GO. HIGH TARIFFS WOULD BRING JOBS BACK ALSO.
@chriswb72 ай бұрын
High tariffs weaken the dollar. It would take years to rebuild the US manufacturing infrastructure to pre 1972, possibly plunging us into a recession in the process. However….it may be worth it in the longterm. We need to put americans to work at good wages and being paid in dollars are strong.
@bpb55412 ай бұрын
@@steveborchers2080 this would cause even more infaltion. Tariffs never work. Either do tax cuts. Those are inflationary too. Be careful what you wish for.
@johnbirman58402 ай бұрын
I have to comment re: American Express. What a Great card to have if you’re traveling overseas (if they accept it - I’m talking to Italy) Their service IF one gets in trouble - as in “what todo if one’s card gets stolen” is like the US Military vs Lichtenstein. It’s a Really Great Card! SoI’m not surprised Chris picked them out.
@johnbirman58402 ай бұрын
P.S. IF American Express needs a Horror story Solved vs MasterCard/Visa that’s True .... contact me.
@kikaalvesdesouza84292 ай бұрын
Is It true that the next deadly crash has been announced in the WSJ, last Friday?
@crcr49922 ай бұрын
Great production Dallas. Just catching up from France whilst on holiday. I've been selling puts in BTC miners since 2022 and it has been productive.All managed, conservative but doing ok. Keep it going bro. Have a good one....
@momofomomofo2 ай бұрын
If anything, the next few months are the best possible moment to do an "unbiased" pre-election cut
@Eric-is1jt2 ай бұрын
We'll just keep borrowing & counterfeiting until the aliens running the casino take their winnings & leave this solar system.😅😮😢
@Sarah-b7r3g2 ай бұрын
David’s contents are always comprehensive and relevant, one of the top financial channels on KZbin 👍🏼👍🏼
@PonziZombieKiller2 ай бұрын
👍🚬🐻🎄
@mtrest42 ай бұрын
CBDC dystopian future incoming.
@DIYDaveT2 ай бұрын
We don't need higher taxes, we need honest money and less government spending, especially on social programs.
@splash48912 ай бұрын
yup social programs enable despair and keep people from growing, for the most part they are a joke and cost those that do work, no such thing as free lunch
@issenvan10502 ай бұрын
What will happen when YC un-inverts?
@czbuddy152 ай бұрын
This is a very interesting video, with a lot of information provided. The U.S. having a developed Capital Markets has been beneficial.
@drewstead3162 ай бұрын
Realpage is price fixing rents and keeping inflation propped up otherwise we'd already be in deflation. The median house price in the US is already down 16% from its peak of 500k but still up 2% from September of last year but oddly enough the median house price was about the same at 415K in 2008 before it crashed by like 30%. High interest rates limits supply of housing driving prices up yet it's killing demand and already driving prices down. Deflation is hard to get back out of so rate cuts won't fix it anytime soon.
@kingjorta2 ай бұрын
I'm favoured financially with Bitcoin ETFs approval, Thank you, buddy.$42,000 weekly profit regardless of how bad it gets on the economy
@OliveKen-kk3xb2 ай бұрын
How is that? If you do not mind me, please
@kingjorta2 ай бұрын
Lia Lorenzo has been my backbone since last year and has brought me many benefits.
@henrymagee66752 ай бұрын
I don't know that people know Lia Lorenzo that much. I have been able to climb from $10k to $56k, plan under her supervision, and her responsibility. The signs are the best to enter and exit a good woman
@evaserrano81752 ай бұрын
Thank you for this here on KZbin... I am a doctor from Houston Texas, it was recommended to me on KZbin, and I started with $19k and accumulated $52k in a week
@OnuimoStephanie2 ай бұрын
Please, how do I connect with Lia Lorenzo? I would appreciate it if you show me how to go about it
@calebfast80882 ай бұрын
Interesting interview.
@provosta2 ай бұрын
No hard indicators for recession”?! What undersea chasm has this dude been hiding in for the past 3 years?
@auntiefiat97692 ай бұрын
Seriously. Especially since the yield curve is starting to un-invert. That is the starting gun we've been waiting for, to signal the end is near.
@martindarmanie68542 ай бұрын
He benefits from the existing, highly manipulated financial system. He is an advocate for substantially less banks. Attempting to justify this with improved technology being the reason. However, that has little to do with the factor of competition, which improves the offering to consumers. Hence it is no surprise that he claims, to not see a recession coming, even though the signals are glaring.
@ethereal_472 ай бұрын
BRK.A owning 3% of the entire treasury bill market should be an interesting speculative factor in all of this.
@Resmith18SR2 ай бұрын
This guy living large in Westchester County NY with all the multi millionaires and saying the economy is fine and you're just crazy for thinking otherwise.😂😂😂
@bobbobertson75682 ай бұрын
I think the economy sort of stinks, inflation is still elevated, and the jobs being created are part time, low paying garbage, but fact is unemployment is still low and GDP is still positive so can't call it a recession.
@Resmith18SR2 ай бұрын
@@bobbobertson7568 It doesn't matter if it's technically a recession which still by the way may happen it's a shitty economy for millions of Americans like myself who aren't wealthy. Try living on $12,000 a year.
@tyguy1042 ай бұрын
Trump, "I want a lower interest rate" Well what do you want to do Powell?
@paulsweningson62612 ай бұрын
Great speaker
@MrJdcalmerin2 ай бұрын
You guys forget, the Feds can still reverse the interest rate and could stimulate the economy again, Japan has been doing this since the 80s,
@glowwurm93652 ай бұрын
Sales tax is such a regressive way of funding a country, if you want to do that combine it with a capital gains tax, which would truly help the middle class whilst targeting those who simply live of their assets (whilst i might add accumulating more at the expense of the middle class).
@JanRiffler2 ай бұрын
"My spirit will rise from the grave and the world will see that I was right."
@jonanderson13422 ай бұрын
No signs of recession? Thumbs down since your guest is naive and ignorant.
@Lichtenstein_2 ай бұрын
The banks got no money ❤🎉
@mikelew4152 ай бұрын
Borrowed created money lol
@Lichtenstein_2 ай бұрын
@@mikelew415 🥰❤️😂❤️❤️❤️❤️✅♥️
@bobjinessr79572 ай бұрын
Nah they never loan to me and I got fair credit, they cheap as hell
@Lichtenstein_2 ай бұрын
@@bobjinessr7957 I never payed them for there funny money on a screen they never questioned me
@MarekKolenda-cr8vr2 ай бұрын
Wait when digital currency system comes and be computer disfunction
@cuzmariosaidso2 ай бұрын
Don’t always agree with that Chris says but gosh do I love hearing him talking! Game of thrones 🎉❤
@mikesmacedo2 ай бұрын
Love this guy - he takes enough adderall to make a horse learn how to play baseball.