'BE CONCERNED': Economist sounds the alarm on the labor market

New Century Advisors chief economist Claudia Sahm and Piper Sandler chief investment strategist Michael Kantrowitz discuss whether the economy is on the cusp of recession on 'Making Money.' #foxbusiness #makingmoney
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[@Dantursi1]

Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[@derrickholfman2]

People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

[@michaelschiemer3]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@SteveEstrada-js9nu]

How can i get started when it comes to investing and passive income?

[@michaelschiemer3]

Just research the name Annette Christine Conte . You’d find necessary details to work with a correspondence to set up an appointment.

[@SteveEstrada-js9nu]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@hersdera]

I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?

[@CraigLloyd-fz6ns]

In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor OR in a financial market, requires guidance at some stage.

[@RaymondKeen.]

It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.

[@HectorWhitney]

this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@RaymondKeen.]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@SandraDave.]

Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.

[@HarrisRyan-oy8eo]

I was part of the recent layoffs at twitter and this bites hard. I am grateful that I kept some savings about; $600k and I am looking for ways to invest this into the stock market to generate good dividends to supplement for my monthly expenses.

[@Debbie.Burton]

Thats when you hire someone to manage your money. You need a financial-advis0r straight up! Even while $600k might seem like much, one bad decision might seriously deplete it.

[@RickWatson-xu6gw]

A good number of people discredit the effectiveness of financial advisors in exploring new markets, but over the past 10years I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure.

[@Armstrong741]

Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

[@RickWatson-xu6gw]

*Marissa Lynn Babula* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@EverlyndPerez]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@sci-fi.tsunami]

They won't admit it's a recession or depression because they don't want the herd of sheep to get spooked & panic.

[@danbiss87]

They are just holding off so in 2027-2028 the 100 year anniversary of the great depression can be much more powerful

[@SC-fj2zp]

I think they are waiting until someone else is in office so they can blame that person! I think in the next year or two.​@@danbiss87

[@gezenews]

@@danbiss87 I think the better answer is that the rate of stupidity in the market seems to coincide with the age of a really old rich stupid person.

[@WELVAS.]

Yall been saying it's a depression and recession for years now when it's clearly not definition wise. If you are struggling, it's on you completely as there are many high skilled jobs that don't have the workers to fill them. Improve your education and skills instead of victum mentality

[@RamonMireles-qc8nx]

They won't admit a recession or depression because the country is NOT IN IT!! A recession or depression is not based on How YOU FEEL TODAY!!! If you have problems is because YOU ARE A LOSER!!

[@renaehammer5957]

We’re already seeing lay offs in construction, no one is building new buildings or doing remodels. And no one knows when any big projects will begin.

[@Jimmy-yu9xy]

Lol. Do you practice this BS in front of a mirror?

[@DarkmanDOA1692]

I was just laid off, my friend was laid off. Over 40 mid and senior level workers have been laid off in the last 6 months at 3 of the biggest companies in the nation. And those are just the ones I know personally.

[@jerroldrieger5345]

​@@Jimmy-yu9xyconstruction workers were losing jobs immediately after biden got in office...

[@jerroldrieger5345]

My buddy and 40,000 others in his company lost their jobs around a year ago .

[@ctsmith9225]

And no one is finishing road projects either

[@mikedegrazia]

Dems..."Employment is up across the board"..Home depot cuts my hours to 4 a week. No wonder it's up I need 5 more jobs just to have 40 hours a week.

[@vickryan]

Once, I had 4 jobs going simultaneously. That's ridiculous. You're supposed to have "a job". That's enough.

[@WELVAS.]

If you are working 6 jobs, you are working harder not smarter. Most people making a decent wage only need one job. Improve your skills and education so you can get higher paying jobs.

[@mikedegrazia]

@WELVAS. Just speaking figuratively, I do work full time and have a side hustle. Lots of people count on these companies and this is the way they treat them. It's pretty unfair. Thanks

[@WELVAS.]

@@mikedegrazia Corportate America has a long standing history of being ruthless toward profit. People eventually learn the lesson to stop pandering.

[@Musicvidsetc]

@@WELVAS. LOL! What a joke. There are people w/ graduate degrees who can't find anything better than a $15/hr job answering customer questions on the phone. And how about senior citizens who have had their savings and fixed incomes erased by inflation? Are they supposed to learn to code when people who code can't get jobs coding? Why are you on here gaslighting?

[@PowerstrokeSynd]

20 people laid off at my shop last week. 25% of the workers here. We are a government subcontractor.

[@Jimmy-yu9xy]

McDonalds is hiring.

[@PowerstrokeSynd]

@@Jimmy-yu9xy How's it treating you?

[@jerroldrieger5345]

Democrats Ef America Tour is heating up...

[@gezenews]

You mean you are a money printer shop. Actually pretty smart considering the party is almost over. What is depressing is watching private businesses pull back because inflation has made it impossible to afford to stay in business.

[@nickvin7447]

@@gezenews Bingo

[@joshfahnestock244]

I have no money

[@willrose5424]

No one does.. it's a medium of exchange. It's a fiat, debt system on a cycle.

[@anthonysantellan9577]

Me either bro. Me fuking either.

[@thedude5040]

I have the most money ive ever had in my adult life.... the monthly interest from my savings account is big enough to pay the summer electric bill

[@mikedegrazia]

@thedude5040 20 dollars is 20 dollars....right bro!

[@sparkyjerred419]

I'm an electrical contractor & never in my life have a had so many customers who had to live with electrical problems for weeks after i gave them an estimate so they could come up with $300 or $600 to pay me to repair it.

[@eddiekulp1241]

Don't charge so much , your making inflation worse

[@Jimmy-yu9xy]

OMG. Your comments made me laugh. 🤣

[@FelonyVideos]

​@@eddiekulp1241😂😂😂

[@kathleenredick275]

I'm putting off electrical problems - I just don't use the problem areas. 🙁 I also have my truck in the shop (they graciously have allowed me to leave it there) as I try to get enough $$ to have it fixed. I'm making payments to them now to get it fixed later. I go back to work (at a school) in mid Aug.

[@kathleenredick275]

​@@eddiekulp1241 👍 Says Biden who never did anything but grift millions.

[@argotype8995]

We are already in a recession and close to a depression. They are cooking the numbers to not panic the masses. But people have stopped spending because they don't have money to spend. The ECO system of companies and employees has broken. There will be no holidays this season. Watch the reports on low sales and companies begging the government for bailouts.

[@gezenews]

There will be no holidays because there will be no employment. Its actually one big vacation. We should all be very happy. :)

[@RusuSilva]

I've only made roughly 8% total, or 2% annually, from investing my $150k salary over the past four years. i want to build a good investment portfolio and have been looking at videos and doing research to be more educated. Where should i invest this for stable cashflow?

[@FusunTumsavas-cq7tp]

Invest in real estate, ETFs and high-yield savings account.

[@RichardMoore-jg5tl]

stocks are pretty volatile now, but if you do the right math you should be just fine, whereas you can save yourself the hassle by employing the service of a really successful advisor, one with experience since the '08 crash

[@RossiPopa]

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 14.3%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an advisor.

[@KeenanHumbles]

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?

[@RossiPopa]

I've experimented with a few over the past years, but I've stuck with the popularly ‘’Amber Michelle Smith” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@vinnymigliore2810]

I live in FL the average wage where I live is 55k. The average house is 420k, and we wonder why we have these problems.

[@kathleenredick275]

We're already in a recession. Just waiting for the full on depression. I'm 74 and still working because my S.S. is not enough. Working at a school, even with the summer and school holiday breaks, I was doing well...until Biden took office. Now I'm really hurting. I have my electric bill leveled through the year. I had a credit balance (paying about $100 per month every month) coming into the summer. Now I'm almost $200 behind. I also go to a food bank 2 times a month.

[@jerroldrieger5345]

This Administration has hurt everyone in our country especially the elderly, I lost my good job during the oblunder years and had to sell my house during the Joeblunder years tired ,hurt and broke thanks to the democrats 64 years old...

[@kathleenredick275]

@@jerroldrieger5345 😢 I'm so sorry for that. I don't have a mortgage, but insurance goes up & up & up. If something doesn't change, I'll have to take my chances without it. That's scary.

[@Dieselpwr]

Should have made better life choices

[@stretchshorteningcycle2161]

@@Dieselpwr you don’t know about his/her life. Gtfo

[@kathleenredick275]

@@Dieselpwr If you're talking to me, my husband was diagnosed with stage 4 cancer and died 6 mos later at 58. IRA's were liquidated and spent. As I said, I was doing OK before the Marxist regime took over and made stupid decisions, including HUGE spending, all of which drove up inflation (and not just 17%, since groceries are not included). BTW, a trillion is 1000 billion, in case you do not know. I am working and NOT on any food stamps, medicaid, whatever else there is, because I am not a leech, and I (so far) can make it on my own.

[@kevink682]

Yeah, I can't find anything with a decent living wage after being downsized by my employer of 13 years, but the democrats main concern is getting what little money I have left to illegals!

[@pamelabelenski5606]

Illegals need to go back home.... Destructive idea.

[@shanesprecher8290]

There’s something seriously messed up with the entire system. It takes decades of bad policy for it to get to this point.

[@michaelmcclurg9698]

The Deep State Communist Democrat Elites have been planning & colluding for decades to move our country to destruction first & then a ONE PARTY RULE SOCIALIST COMMUNIST GOVERNMENT

[@brianm2238]

se senior!

[@jryecart8017]

JUNE 20, 2024 Soaring U.S. Debt Is a Spending Problem On Tuesday, June 18, 2024, the Congressional Budget Office (CBO) released its updated budget projections for fiscal years (FY) 2024-2034. This is an update to its February baseline. CBO now projects that deficit spending for FY24 will reach a staggering $1.9 trillion, an estimate that is $400 billion higher than CBO predicted just four months earlier. This is the third highest annual deficit in American history. A key driver of this increase is the Biden Administration’s use of executive actions. 138 executive actions have been issued over the past three years and five months, costing more than $2 trillion. Over a third of the increase in CBO’s deficit projection for FY24 is the direct result of Biden’s unilateral cancelation of student loans earlier this year. SOURCE, HOUSE BUDGET COMMITTEE

[@MarieBurnsTalentAmp]

“Twilight Zone” is the perfect word.

[@DOCTORDETROITLIVES]

Hi. I can teach you. *Twilight Zone with lyrics Golden earring* Read don't listen 😮 Ear...listen.

[@xsl1c343]

The unemployment rate is an absolute GARBAGE statistic.

[@WestboundContrail]

Manipulated government numbers for all presidents. Jobs is a vague word. WAlMart jobs. Economy is poor and this video was a waste of time.

[@danielgriffin8132]

Unemployment increasing illegal migrants crime increasing What could go wrong?

[@dantheman6607]

Dow 41K and GDP 2.8 % this quarter, if you’re going to make stuff up at least back it up 😂

[@carolgreen-fn1tm]

God have mercy on us.

[@philmeanor2638]

We need to vote Republican- nobody’s perfect, but we’ve seen that Dems have the wrong answers.

[@322dawgg]

The belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?

[@user-3456rtu]

Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares that you are interested in.

[@loud9090]

Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

[@Marthas-r4c]

How can I participate in this? I aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@loud9090]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Elise Robinson’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@icewa-fg]

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.

[@johnbryant-nf3mg]

My retirement account is feeling the effect of Bidenomoics! Please no Kamalanomics.

[@Jimmy-yu9xy]

You have a retirement account? WTF is that?

[@sunshinehoward9649]

@@Jimmy-yu9xy DANG jimmy. nobody ever taught you to save? jeez my account is little but I learned. dude. START NOW. stop doing drugs START saving bruh.

[@Jimmy-yu9xy]

@@sunshinehoward9649 Bitcoin. No banks or stock for me.

[@CryptoSpacesYT]

4 years of her incoming

[@WELVAS.]

How about your 401k?

[@FosterTravis1071]

Depression, not recession. It's coming, and deserved.

[@1SmokingLizard]

Not depression, but Destruction

[@gezenews]

We're in it already. 20 months of reduced gdp. The definition of it.

[@jfuite]

@@gezenews A depression is an extended period of depressed growth rates. Here in Canada, the GDP per capital has been flat to negative since 2019. Our growth rates are below immigration rates. We are, and will remain for a long time, in a depression. The USA is similar, but not as bad, ONLY because USA is running 6% of GDP deficits, which are unsustainable, of course.

[@gezenews]

@@jfuite US is exactly as bad. All of the numbers are inflated except the bad ones.. The GDP deficit is the screaming indicator that the growth isn't real and driven by printed money.

[@WELVAS.]

​@@gezenewsReduced gdp? Where?

[@robertweinmann1657]

Resumes are being red flagged and people are being blacklisted. This is not a free market

[@CapitalismDeathSpiral]

I am blacklisted. Thousands of applied jobs and no calls. Capitalism AI is pure evil. Homelessness is all you will get and tax payers will be forced to foot the bill.

[@brianjosey8113]

There is another thing no one is talking about, there are lots of jobs out there but the company wants an employee with thirty years experience and does not even offer the money some one at Starbucks makes by making coffee, I am 57 and am an industrial Electrician, many mills are full of people over 40 and no younger people, the younger people want the top dollar just to show up with not having any experience at all??? The world has gone totally upside down

[@BellaBehave]

It's called DEI hiring. We literally have categories for the races we hire for. AAPI, Black, Native American/ indigenous. Etc. Unfortunately this practice is still in full swing and gonna get worse under Skamala.

[@dawnclabaugh3598]

@@BellaBehave DEI kills but I suppose that’s the point.

[@BellaBehave]

@@brianjosey8113 exactly.

[@jessegaddy1897]

It's because the US is not investing in the youth. College, child-care is extremely expensive. You can't expect us young people to know things and have experience without even giving us a chance. We're not all lazy, i promise you we're trying very hard

[@gezenews]

​@@jessegaddy1897 Because they want to include slaves in OUR market. They don't want to have to put in any risk in researching and creating better business and better products. They just want to incorporate as many slaves as possible into the market and eventually there no longer a reason to hire americans. And then all of a sudden the largest consumer based economy has no more consumers. And yes DEI is a cause but it's also a huge excuse to outsource. They have always wanted to hire slaves and they have also always wanted to avoid lawsuits, but the environment had never been so frightening legally since George Floyd, where your corporate offices could be raided if the mob thought you deserved it, and no police would come to your aid. In the long term it is irrelevant because these things correct themselves. 10 or 20 more companies will achieve catastrophic failure by accidentally hiring from NK and being infected with a computer virus, or just repeatedly delivering failed products as their HR department gets game theoried out of quality from overseas. Inevitably the consume has to contend with the fact that they are receiving 3rd world quality and are not happy about it.

[@Cross79127]

Not new at all! This has been said for a long time! Wake up because things are going to get way worse fyi! Find Jesus Christ because he’s the only way you can be saved💯😇

[@SheriKaye1]

Well, what makes me an outlier I guess! I am 57 year-old English immigrant, with zero interest in tech or stocks, and yet I am 110% committed to Bitcoin. I would describe myself as an extreme conservative/libertarian. I have been involved in UK politics for some time, and the main thing that drove me to study Bitcoin and ultimately recognise its value to Humanity was the threat posed by an over-weening government, first in the UK and lately in the US also. I regard the CBDC as the final brick in the wall of the totalitarian prison the world's governments are building for us. And Bitcoin is the ultimate defence against a tyrannical government.r.....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

[@SheriKaye1]

Francine Duguay program is widely available online.

[@TristinHopper3]

I appreciate the professionalism and dedication of the team behind Francine’s trade signal service.

[@brandGuy-n4b]

Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.

[@msalganik2]

The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.

[@KatieAtwood-ij9gb]

It was quite challenging to understand the different trends on my own until i found out about Duguay. Trading made easy.

[@Arellar]

“…after 80 yrs of (debt) study,” math is still math! You CAN’T spend yourself into wealth!

[@peterwatson900]

I'm already investing in stocks by watchiing youtube videos, but my portfolio of around $120k is not getting much yield. what strategy should I ue at this point to make gains?

[@jeniii990]

diversify into different asset classes but DYOR before investing. If you lack extensive market knowledge, consult a financial advisor to help you.

[@margie-b2v]

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.

[@peterwatson900]

pls how can I reach this expert, I need someone to help me manage my portfolio

[@margie-b2v]

Monica Shawn Marti is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@NicoleWillams-d1q]

Thank you for the lead. I searched her site up and filled the form. I hope she gets back to me soon.

[@roxiesorrells4552]

There's NO JOBS

[@user-je4vd9sp5d]

I was unemployed under Trump for over a year, been working for over 3 years now, 2 raises, soaring 401K. Harris 2024 🇺🇸

[@lexdunmon7345]

There's No *Good Jobs, plenty of part-time low pay soul crushing jobs.

[@sunshinehoward9649]

@@user-je4vd9sp5d I am unemployed got unemployed UNDER BIDEN AND HARRIS and now we can't get jobs because they are closing down so fast. I can't feed my family without help and my taxes on my home went into space not mention the mortgage rising. and you know how i know you are lying, what did you in, the "soaring" 401k, ONLY if you are making over 1 million. So. yt/tic tok creator you going to explain with context or sit on your lie? Let me know. I could be wrong.

[@PowerstrokeSynd]

@user-je4vd9sp5d yeah right

[@jerroldrieger5345]

​@@user-je4vd9sp5dmust be an illegal border hopper.

[@LawrenceBroussard]

just look at housing cost compared to income and you can see most people are underwater. Worker coming in that have no right to be here does not help the average American Citizen.

[@eddiemunster4094]

Trust in Jesus no matter what happens amen 🙏

[@user-rq6ej3dh9o]

Amen❤

[@HondaRidea]

Orange Jesus will save us

[@JesusPaidForYourSins7]

Amen!!!!

[@K1-rh7rr]

@@HondaRidea you are a disgusting puke

[@butchgraham8409]

Omg they have been sounding the alarms for ever. Awake up America!!!!!!!!!!

[@ampovpodcast1624]

It's like a magic show that's happening scary times coming

[@fredhenry426]

Coastal elites are so out of touch with Main Street.

[@scottcarlson2294]

We've been in recession for a minute now

[@tracyt4327]

It's called stagflation guys. Come on. It's the worst of the worst predicament. And it is going to be very long and very painful.

[@briancoughlin6732]

ITS A COOK BOOK

[@user-hy8oz8zx4l]

The problem with recessions is we are already in one before we realize it.

[@robertjones2282]

"Its not flashing red" LMAO !!

[@johnleca]

Just means they are fine.

[@MarcoGarcia-nj3cf]

Brother, you always put out good information on our economy.

[@roberthubbard5008]

That's not what Biden says. It's the best it's ever been according to him

[@WELVAS.]

The economy is still the best it's ever been job wise. Inflation continues to be an issue but high interest rates are making the dent they are supposed to

[@jryecart8017]

@@WELVAS. The American Fiscal Reality: The fiscal reality under Bidenomics is grim. After nearly four years of inflation, Americans have been forced to endure the financial burden of: The cumulative rate of inflation for goods and services increasing by 18.9 percent. Inflation once again spiking to 3.5 percent in March 2024, the highest level of the past six months. Families having to spend nearly $17,000 per year to maintain the same standard of living they could afford before President Biden took office. Consumer Confidence for April falling for the third consecutive month in 2024, reaching its lowest level since July 2022. The unemployment rate for April 2024 rose to 3.9 percent, with 6.5 million Americans unemployed-an unwelcomed increase from the 3.8 percent unemployment rate in March 2024, that depicted 6.4 million Americans unemployed. SOURCE, HOUSE BUDGET COMMITTEE 5/14/2024

[@jryecart8017]

@@WELVAS. BIDEN CLAIM: Biden proved that a strong recovery and support for households brings more people into the workforce: a higher share of working age Americans are in the workforce now than at any time in more than 20 years and higher than on any day of the prior Administration.” FACT CHECK: Labor force participation was stronger under President Trump. The labor force participation rate remains 0.7 percentage points lower under Biden than it was when President Trump was in office. When adjusting for population gains, nearly 2 million more Americans are on the sidelines today than they were during the previous Administration.

[@jryecart8017]

@@WELVAS. BIDEN CLAIM: The White House is “working to bring down the cost of living, including by lowering drug prices. Inflation has come down 11 months in a row.” FACT CHECK: Inflation is still high and causing economic pain. Americans are still feeling the sting of this inflation crisis-prices are up 15.5 percent under Biden. Inflation remains over three times higher than just a couple years ago. The average family of four is paying $13,717 per year or $1,143 per month more to purchase the same goods and services as in January 2021.

[@jryecart8017]

@@WELVAS. Biden’s priority isn’t confronting China, it’s combatting international climate change. Commits to “more than quadruple international climate finance.” Biden’s priority isn’t helping the farmers and ranchers who put food on our tables, it’s propping up the environmental lobby. Prioritizes $7 billion of Department of Agriculture money for “climate related funding.” Biden’s priority isn’t decreasing the size and scope of the federal government, it’s auditing middle-class Americans. Expands the budget of the Internal Revenue Service by 10 times their average annual budget in just two years. Gives $15.1 million for the IRS police force to drive electric vehicles. Biden’s priority isn’t supporting American job creators, it’s increasing taxes and growing the size of government. Makes the corporate tax rate higher than the Chinese Communist Party. Provides a pay increase for federal employees that is higher than the average private sector employee.

[@rickrod784rodrigues3]

Government jobs that are t important should be abandened anyway. If we saw on a map just how big government is, we would get a better look at the waste, and see where we can save tax payer . money.

[@arthurbrumagem3844]

Dems love to expand govt and take credit for jobs which don’t only fail to produce but cost taxpayers additional billions

[@JessieWalker-no8zq]

We are in a recession doesn’t take a genius to know that as for unemployment oh just wait we are taking guesses at my job if we’re gonna lay off and many say yes and if that happens hundreds will lose their jobs we aren’t selling anything and yes the supply chain is one of our problems we can’t even fix a bathroom faucet I put an order in to fix it two months ago

[@drsous6400]

If you don't have a couple million to donate to a campaign then it's unlikely you will ever benefit in any way.....ever.

[@shagster2828]

I am glad these 2 are not my advisors. Not in a ressesion yet? hmmm. They must believe the gov's published numbers. I've been in asset protection mode from January

[@mlmoreno75]

Bidenomics at its best

[@britthoward4776]

You guys are ignoring that the Fed is defending the dollar against dedollarization with interest rates. It isn't just domestic issues.

[@EndDims]

These guys don't seem too sharp.

[@MattGuzman-ug8dl]

Reached 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024

[@GabbyMJ-md2rs]

Wow that's huge, how do you make that much monthly?

[@Lionadmike]

I'm 37 and have been looking for ways to be successful, please how??

[@MattGuzman-ug8dl]

Woah for real? I'm so excited. Sonia Campbell strategy has normalised winning trades for me also. and it's a huge milestone for me looking back to how it all started...

[@JackWilliams-hp5ip]

Sonia Campbell was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Sonia campbell.

[@Francisco-287]

Sonia Campbell concept is key in beating all odds to excel in this form of online commodity. Her management team is quite impressive so far! With SUK made a profit of over 28,863 dollar

[@jhull5870]

The Bond market is screaming recession is coming. These two know but don't want their clients to panic and pull money out.

[@headspaceandtiming2114]

Good content Charles. Keep the honesty and the questions of what the establishment is telling us coming.

[@Patriciacraig599]

Alarm on the labor market? 🚨 Time to take my $150k emergency fund and think about how this affects my investments. Anybody else feeling the heat from this economist's warning?

[@user-3456rtu]

Definitely a concerning signal from the economist. With $150k, it's wise to keep an eye on economic indicators like labor market trends. Consider sectors less impacted by labor market woes, maybe tech or healthcare, for stable growth. Stay informed and adaptable! 💼📉

[@Patriciacraig599]

Thanks for the sector suggestions! Now I'm ready to dive in, but I'm clueless about finding a trustworthy investment advisor. Any tips on how to find one who can navigate these economic uncertainties?

[@AliceHh_]

Finding a reliable advisor is crucial in uncertain times. Look for someone with a strong track record and expertise in economic analysis. Have you heard of Linda Aretha Reeves? She's known for her strategic insights and client-focused approach

[@Patriciacraig599]

I actually came across Linda Aretha Reeves after researching advisors - she seems like the perfect fit for guiding my investments through these challenging economic conditions. Thanks for the suggestion!

[@rcpcash]

We need a deleveraging... Problem is a deleveraging now would cause all derivatives to be exposed...

[@sunshinehoward9649]

Big Tech even failed today. Huge losses in the stock market. wonder why?

[@WillieFungo]

All the ai spending is going to evaporate when money gets tight

[@googleuser868]

Invest heavily in lead and rapid delivery devices.

[@brandonrachas2869]

Just got laid off - warren truck assembly plant FJB

[@lennypignatello7493]

Maybe more new workers so-called workers come across the border have something to do with more and more unemployed and homeless Americans. I’d like to hear somebody on Fox News. Talk about this.

[@cyberherald7571]

Oh lord here we go

[@rondrake3720]

Wait a minute, this is what Fed chair Powell said n deed to happen. Which when I picked up on him saying we need to see unemployment rise , I thought how twisted

[@user-cv7uv7qe6v]

I just got hired for one of the last pharmacy tech jobs available in my state as a trainee without the national licensure. My state is going to start requiring it very soon. Point is that is what happens when the economy goes to crap. Not happy illegals are doing all the medical and pharmacy transports though.

[@johnrockwell6088]

Economists and investors don’t seem to know poop about what real people are going through!

[@johnblasik9647]

Charles Payne would make a good commerce or treasury secretary.

[@LopezJohn478]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Michelle Stewart.

[@ThompsonHarris475]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@MorrisHaugan-z4u]

She is my family's personal broker and also a personal broker in many families in United States, she's a licensed broker and a FINRA AGENT in United states

[@JohnAlbright328]

You trade with Michelle Stewart too? Wow that woman has been a blessing to me and my family.

[@AshleyMurphy735]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@LopezJohn478]

she's mostly on Telegrams, using the user name.

[@topicalstormofficial]

Sooner is better than later. Should keep krapala out of office.

[@briancoughlin6732]

I see interest rates are higher short term rather than long term meaning i think economists not sure about the economy down the road we could be in a false economy right now

[@YourDreamAgent]

I love how we count unemployment as real. People can only claim unemployment for 24-26 weeks then you get kicked off and what?! They count you now as having a job??!? Hmmm

[@zz449944]

It can NEVER be a good thing when the only sector adding jobs is Government. Those jobs rarely produce any beneficial affects to GDP and are NOT productive jobs that boost the economy. Instead, it is more people sucking on the teat of Gub'ment doing pointless paper pushing and adding more layers of unelected bureaucrats who may eventually be granted enough power and influence to allow them to apply their own personal agenda toward government action, inaction, policies, enforcement, and control of US Citizens.

[@timluk2749]

I think a MINI Oct 1987 approaching ! ! !

[@user-rr8db3mu6y]

Thanks Charles.

[@srp7038]

Harrisnomics. Unemployment is rising.

[@1SmokingLizard]

More like Hairassment

[@2011hwalker]

lol is that your attempt at some lame smear slogan, try harder.

[@HondaRidea]

Hahahahahahaahahahahahahah -Kamalatoe Harris

[@bunnoatnichibei]

And just like that, it's all Harris' fault.

[@srp7038]

@bunnoatnichibei Harris has been #2 in the failed Biden-Harris Administration. She is absolutely responsible in part for the poor economic decisions of that Administration.

[@YG-fo5rl]

How can you say that in increase of illegal aliens actually helps with the labor mkt? Our labor mkt is shrinking because of lack of demand, high inflations, high taxes, and liberal polices that squashed growth and prohibits hiring. Government spending does not provide substantial growth. We need the private sector to grow but doubt we are going to see that in this year or next, and if no changes are made soon, this country will become a third world nation.

[@seansmodernlife9823]

When you finally get to the end of 'The 2025 Presidential Transition Project': "It's a cook book!"

[@SharperPenImageConsulting]

Lol. Everyone is lying. Just wait for the next crash. People will wish it was as small as 2008.

[@Willfully_Ignorant]

Ok so even the woman who coined the Sahm rule is saying she isn’t confident it’s right. Why do we even listen to these so called economists?

[@Moldyman3740]

Our money is worth nothing!

[@H2R5GSXR]

early to make cuts to an already low to normal rate. Don't you realize even a small cut will cause run away inflation. A major cut in Gov spending is needed.

[@barbaracantanho3578]

Lies Lies Lies Lies Lies

[@creative_mindsrus1541]

Her constant blinking makes me think shes lying about something.

[@mamabearwarriors93]

Um...we've been in a recession for a good long while now, folks.

[@globalfamily8172]

Why are credit card rates 37% (synchrony)? Is everyone defaulting?

[@carolgreen-fn1tm]

This guys don’t shop at Walmart if they did they have a different view.

[@charlespiper9291]

Joe and pals working hard to create a new third word country

[@BrianDarcy-1331]

we didnt forget that Kevin O'leary told businesses not to hire people did we?

[@Tanko1337]

Not to hire the terrorist protesters.

[@NocturneSMT3]

I need that cat pillow

[@twistnshout3031]

Great depression looming.

[@travisrogers2362]

what is wrong with that lady her eyes do some strange things

[@kmng3207]

Saw mills have reduced Production - Spec homes are not selling- Builders are dropping prices - New Building Projects have been slowed and many have been put on hold.. Yea we are in a recession- The Layoffs will increase - All aspects of Construction - Building supplies, Vehicle/Equipment sales-- All of it will be affected ... This will Trickle down painfully.. Low hanging fruit will be the first to go...

[@vinnyheaphy1372]

Charles of Fox News screwed up! Twilight Zone did Not have that Alien episode!! It was called: "To Serve Man" on the Outer Limits program!!!

[@jameslewan7026]

Maybe the indicators are Orange!

[@Dohair879]

It sounds like maybe we will call it now. After all these years.

[@JohnBond777]

The Fed is already too late

[@ats89117]

The book To Serve Man; It's a cookbook! 🤣

[@Wild-Wisdom]

You can't afford to live off $30-$40 an hour that's wild.

[@ChrisJones-oe8gv]

To all you single boss babes who don’t need no man. You got this!

[@ziruk-king4466]

😂

[@nativestacker4185]

Don't be fooled , the Labor shortage is because US Citizens want a living wage , they don't want to "just get by" . That is one of the reasons The Democrats wanted to bring in all the Illegals so there is "cheap labor" . Historically it has kept wage growth down . That brings us to The Lay-off rates , companies have to think about Lay-offs because people are spending less money because they have less money . As The Dollar looses value it causes inflation , inflation causes higher cost off living , the only way to balance the economy is to increase wages across the board . When The Consumers have more money they are more confident in spending it . The Recession we are currently in will subside if there are some changes to leadership in this country at a State level and at a Federal level . We need to bring back Industry and Manufacturing and we need address The Energy Crisis .

[@DOCTORDETROITLIVES]

*THE DARKNESS IS COMN. I AM COMN. AND I AM COMN FOR IT ALL.*

[@samuelweller9569]

For really smart and forward-looking analysis of the economy, I can't recommend the KZbin channel Reventure Consulting highly enough. Not paid to say this and have no relationship to the channel, just a fan who has followed it for a few years and appreciates it.

[@gruntgamer4204]

If I didn't have to give up about 25%- 46% of my pay for taxes, I'd get a regular job. Until they start taxing the 1% an equal percentage as compared to anyone living below the poverty line like myself, I REFUSE TO WORK FOR ANYONE OTHER THAN MYSELF.

[@randyscott3386]

HUSTLE ; A hundred dollars an hour when you walk down the street with a broom , dustpan and a trashcan on wheels . That's how much they literally throw at you without even asking . They run out their doors when they see you to throw it at you . CASH !!! And all you do is sweep up the sidewalk in front of their business . BROOM DUSTPAN TRASHCAN ON WHEELS .

[@dylanmobius]

Headline, Fear Fear Fear!

[@shawndejong6699]

Here it comes.... Buckle up!

[@Dr_ko_LA]

C saham overruled herself