BREAKING NEWS: Federal Reserve Cuts Interest Rates by 0.5%!

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ClearValue Tax

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Пікірлер: 1 400
@iamcanadianedmonton
@iamcanadianedmonton 23 сағат бұрын
canadian here. i only found your channel very recently. i wish I had found you earlier as you are very objective and neutral, not fear-mongering like most of the channels I watch. i trust you more than I trust the govt as the govt keeps moving the goalpost to suit its agenda. love from canada.
@vf9201
@vf9201 22 сағат бұрын
Exactly! He keeps it real and not fear mongering
@robertwalker5521
@robertwalker5521 21 сағат бұрын
I researched the word "KZbin". The one word description is. : E X A G G E R A T I O N
@MissMaggieLSLC
@MissMaggieLSLC 20 сағат бұрын
I'm also from 🇨🇦 . I watch this channel religiously!
@joanneburford6364
@joanneburford6364 19 сағат бұрын
Aussie here - I agree, this guy looks alright.
@jermaineboyd6594
@jermaineboyd6594 14 сағат бұрын
Yep I watch him since the start of COVID-19 era when we received stimulus checks, he's the best alternative economic news reporter on yt.
@FaintAura
@FaintAura 23 сағат бұрын
BREAKING: Lower and middle class of America are *cooked*
@phil488pista9
@phil488pista9 23 сағат бұрын
As always
@grimaffiliations3671
@grimaffiliations3671 23 сағат бұрын
lower class benefits form high borrowing costs?
@joshuaamoroso4809
@joshuaamoroso4809 23 сағат бұрын
Inflation makes assets go up in price. Lower class has no assets.
@urezzz
@urezzz 23 сағат бұрын
Why?
@Bookworm214-y3d
@Bookworm214-y3d 23 сағат бұрын
how?? explain it like i am 15
@DesertCoyote-t5k
@DesertCoyote-t5k 22 сағат бұрын
Breaking news, Americans are broke. Christmas has been canceled.
@MrTopHat4
@MrTopHat4 21 сағат бұрын
@@DesertCoyote-t5k working Americans are broke ...
@isigrofloyd4581
@isigrofloyd4581 21 сағат бұрын
😂
@j.l.salayao8055
@j.l.salayao8055 21 сағат бұрын
News break, Santa and the reindeers canceled Christmas trip.
@captiveamerica1776
@captiveamerica1776 20 сағат бұрын
That started 4 years ago. **sad lol**
@AnotherGreatDayJajaja
@AnotherGreatDayJajaja 20 сағат бұрын
We have to tell our kids that Santa got sick and that is one of the reasons he didn’t brought their presents 🎁
@SuperChriz92
@SuperChriz92 22 сағат бұрын
So is the current administration lying when they say the economy doing great when the fed cut 50bp😂
@RGE_Music
@RGE_Music 22 сағат бұрын
Yep lmao 😂
@Texanfirst727
@Texanfirst727 22 сағат бұрын
I would think so. It's logical.
@sandrabentley8111
@sandrabentley8111 22 сағат бұрын
Because it's easier and better for people to get loans, mortgages, car loans etc. It's just not great for savers like me. But shows that inflation is down. Companies also will be happy. So yes it's all good. They did good. Shows that inflation is down and economy doing well.
@8MunchenBayern8
@8MunchenBayern8 22 сағат бұрын
Yes.
@arcadiagreen150
@arcadiagreen150 22 сағат бұрын
They would never lie to me, the government is my friend
@Pipo12345
@Pipo12345 21 сағат бұрын
Powell: Inflation is transitory! Powell: Far greater pain for American! Powell: Scratch that. No recession. Powell: We screwed.
@jeremyedwards1427
@jeremyedwards1427 19 сағат бұрын
No we're fukd
@jayshankarchandran321
@jayshankarchandran321 17 сағат бұрын
@@jeremyedwards1427 No we are FUBAR : Fucked up Beyond Repair
@ChubbyRetro
@ChubbyRetro 22 сағат бұрын
Powell said no one is laying people off. Really ?? All my customers are slowing and laying off. Maybe in Fantasy Land but not real world
@alianaliana6726
@alianaliana6726 22 сағат бұрын
Soooo many layoffs and retail chains going bankrupt are now happening. It’s just the beginning.
@zcorpalpha2462
@zcorpalpha2462 22 сағат бұрын
Hospital 🏥 near me are laying off nursing staff
@OurRetireEarlyJourney
@OurRetireEarlyJourney 22 сағат бұрын
Amen to this... Q3-Q4 is traditionally layoff season to try to meet budget and to start the next year off with new run rates.
@streettoughfighting
@streettoughfighting 21 сағат бұрын
So because you failed at business that means the country is failing? Jeebus the lack of logical thinking is wild these days.
@captiveamerica1776
@captiveamerica1776 20 сағат бұрын
@@streettoughfighting there's a gun store near where you live, they're giving out free taste tests. 🤯👈
@MK-ft3qt
@MK-ft3qt 23 сағат бұрын
With a broken system, rate cuts mean nothing that's good long term.
@allancastillo3419
@allancastillo3419 13 сағат бұрын
If you're in assets better know when to get off the roller coaster ride
@OneJuanWon
@OneJuanWon 23 сағат бұрын
Queue the money printers......make sure they got plenty of paper and ink!
@vexxcloud5543
@vexxcloud5543 23 сағат бұрын
If only they had to physically print.. that would at least slow down their printers 😂
@michaelmyers5782
@michaelmyers5782 23 сағат бұрын
They do it digital bozo
@pussnuts
@pussnuts 22 сағат бұрын
It's an interest rate cut, not QE bond buying...
@diegoharo7943
@diegoharo7943 22 сағат бұрын
Where have you been? Compare gov and fed spending between each president since the 90s. Compare the deficit between each president
@HH-le1vi
@HH-le1vi 21 сағат бұрын
They're not buying any bonds or other securities. They're just lowering rates. We also won't see any results from the rate cuts until spring, and by that time we'll have to wait till summer to see the full effects of all of this years rate cuts.
@FritzMartin6359
@FritzMartin6359 21 сағат бұрын
Back to screwing over savers with crap interest rate returns. Make it easy for broke borrowers to extend their lifestyle while savers and retirees get screwed again!
@jonathanjacques7250
@jonathanjacques7250 13 сағат бұрын
💯
@lotoex
@lotoex 10 сағат бұрын
Yep load up on your 10/20/30 year treasuries now. I doubt we will see rates this high for at least another 3 years.
@MS-yk6kn
@MS-yk6kn 5 сағат бұрын
100% correct
@roymoxley2587
@roymoxley2587 3 сағат бұрын
Cds of mine were redone sept 1 I beat the fed lol
@DanielHedrick-v9c
@DanielHedrick-v9c 23 сағат бұрын
Still cooking the books
@diegoharo7943
@diegoharo7943 22 сағат бұрын
Yup…..and don’t forget it was them that raised interest rates after having them literally just barely above 0% under 45. Now they are lowering rates by 0.5% to about 5%.😂
@bigbossimmotal
@bigbossimmotal 21 сағат бұрын
Gotta make those numbers look good for Komrade Kackles.
@Darealist5629
@Darealist5629 19 сағат бұрын
Sizzling over there
@whatsthemonsterbelow
@whatsthemonsterbelow 19 сағат бұрын
@@bigbossimmotalaww you're cute
@diegoharo7943
@diegoharo7943 18 сағат бұрын
@@bigbossimmotal why would they even raise interest rates in the first place? That just makes the puppets look bad?
@frankannis890
@frankannis890 19 сағат бұрын
The homeless and poor need help in this country. Stop giving the people's tax money to the world . Pass it on
@shahidah2973
@shahidah2973 18 сағат бұрын
But US lawmakers are subservient to foreign lobby
@cfwin1776
@cfwin1776 18 сағат бұрын
They are cooking the books until after the election.
@Kinetic754
@Kinetic754 17 сағат бұрын
Homeless and poor dont pay taxes
@tc9456
@tc9456 17 сағат бұрын
@@Kinetic754everyone who’s legal in America is paying something. That’s why they’re homeless.
@DavidGarcia-ri2fo
@DavidGarcia-ri2fo 22 сағат бұрын
The rich get richer and the poor get poorer.
@bobslate7231
@bobslate7231 22 сағат бұрын
The stupid get dumber!
@RyanOKaiser
@RyanOKaiser 22 сағат бұрын
Salaries will be raised soon as well.
@garysmith7760
@garysmith7760 22 сағат бұрын
@DavidGarcia-rifo, Correct...and that's the only constant fact.
@busymikey
@busymikey 21 сағат бұрын
Of course
@J-Rod73
@J-Rod73 21 сағат бұрын
Learn how to play the game
@mcmc7746
@mcmc7746 22 сағат бұрын
Hyperinflation is preferred by these psychopaths
@sandrabentley8111
@sandrabentley8111 22 сағат бұрын
Talking about Trump again.
@mfluentz1378
@mfluentz1378 22 сағат бұрын
​@@sandrabentley8111insane how you guys can't take his name out your mouths... it's an unhealthy negative obsession 🤮🤮
@ohreally8929
@ohreally8929 22 сағат бұрын
@@mfluentz1378 Yeah, kinda like crowd size obsession. Insane. Really insane.
@pjsromproom9378
@pjsromproom9378 22 сағат бұрын
Realtors: "boo-yah tush-sha!"
@basicinfo2022
@basicinfo2022 22 сағат бұрын
And that's why Black Rock is now buying as much bitcoin as they can.
@barbarawarren9443
@barbarawarren9443 23 сағат бұрын
I want to hear Brian - not Powell.
@copernicusvanstruselclit9508
@copernicusvanstruselclit9508 22 сағат бұрын
Ditto
@jacob-bi9ys
@jacob-bi9ys 18 сағат бұрын
He's sleeping, don't wake him
@MeBihhhh
@MeBihhhh 14 минут бұрын
@@copernicusvanstruselclit9508remember when Brian said bitcoin will sky rocket 😂
@Iwo26
@Iwo26 23 сағат бұрын
0.5% means Economy is in a much worse condition than anticipated….
@RGE_Music
@RGE_Music 22 сағат бұрын
Correct
@sandrabentley8111
@sandrabentley8111 22 сағат бұрын
No. Much better. Troll.
@krninja22
@krninja22 22 сағат бұрын
​@@sandrabentley8111 Better how?
@prettyyoungthingpyt5015
@prettyyoungthingpyt5015 22 сағат бұрын
​@sandrabentley8111 you are so wrong.
@mfluentz1378
@mfluentz1378 22 сағат бұрын
​@@sandrabentley8111paid bot alert 🤖🚨🚨
@pinkva23
@pinkva23 23 сағат бұрын
I saw the news update like 30 minutes ago and I’ve been waiting on your analysis. You’re the only one I trust.
@shanarobinson7672
@shanarobinson7672 23 сағат бұрын
Facts!!!❤
@anthonyclay007
@anthonyclay007 23 сағат бұрын
Same lol
@raulitonandez259
@raulitonandez259 23 сағат бұрын
He said Bitcoin will pump after they start cutting rates, when Bitcoin was 17k 😂😂😂😂
@ferngulley222
@ferngulley222 22 сағат бұрын
Facts, the only guy not rage/click baiting us.
@terimcclaren4516
@terimcclaren4516 22 сағат бұрын
Me too
@ChristianRivera-wg8nv
@ChristianRivera-wg8nv 20 сағат бұрын
I trust you more than the politicians in office at the moment
@MeBihhhh
@MeBihhhh 18 минут бұрын
Lmao you must still think bit coin will skyrocket
@ebutuoy5088
@ebutuoy5088 23 сағат бұрын
Just got cut 0.5%
@clearvaluetax9382
@clearvaluetax9382 23 сағат бұрын
They decided to go BIG!
@JourdanMount
@JourdanMount 22 сағат бұрын
@@clearvaluetax9382 Right before the election... The BS meter is blowing my ears out!!!
@anonyghost7422
@anonyghost7422 22 сағат бұрын
​@@clearvaluetax9382 big on: - unaffordability? - eroding the middle class? - homelessness? - helping their corrupt friends?
@Endurator
@Endurator 21 сағат бұрын
Nothing new, governments love printing money, regardless of their political views, browsing money from future generations, make sure to educate your kids and buy them assets
@nathanstjohn2920
@nathanstjohn2920 17 сағат бұрын
@@clearvaluetax9382because the economy is that bad right now. No reason other than debt for doing this.
@BangMaster96
@BangMaster96 22 сағат бұрын
BREAKING NEWS: Inflation is going to rise by another 5%
@edennis8578
@edennis8578 21 сағат бұрын
In other countries, when the central bank cuts interest rates, inflation goes down. Ask yourself why it would be different here?
@Jason-Austin
@Jason-Austin 20 сағат бұрын
Americans think housing, utilities, and food is expensive now? Oh, just wait.
@somehandle215
@somehandle215 20 сағат бұрын
They cut the fed funds rate by .5 on Sept 18th, 2007. I do not remember much inflation shortly after that.
@sevelev
@sevelev 19 сағат бұрын
Nope.
@tongtongwang
@tongtongwang 19 сағат бұрын
@@edennis8578 why is that?
@Meowmeow.age.6
@Meowmeow.age.6 18 сағат бұрын
If economy is doing fine why did they cut by .50?
@dickjones3010
@dickjones3010 18 сағат бұрын
Exactly.
@RC-vv6nr
@RC-vv6nr 22 сағат бұрын
....savings and cd's will go back to 0.01%. Stinks...
@Jopn83
@Jopn83 17 сағат бұрын
Lock them for 5 years
@kevo212
@kevo212 17 сағат бұрын
switch to stocks
@jonathanwardrip6689
@jonathanwardrip6689 13 сағат бұрын
Buy 10, 20, 30 year treasury bonds at - treasury direct .gov
@roymoxley2587
@roymoxley2587 3 сағат бұрын
Sure stocks are huge risk
@andyhuber5339
@andyhuber5339 22 сағат бұрын
You're the only youtuber I trust. Love your videos
@1linkbelt
@1linkbelt 22 сағат бұрын
I always look to Brian's report first.
@MiciM.
@MiciM. 22 сағат бұрын
agreed !
@ssing7113
@ssing7113 21 сағат бұрын
The only .. Ok. That’s kinda sad as I wouldn’t take that 99.999999999999% of people are untrustworthy
@victoriacousins4501
@victoriacousins4501 20 сағат бұрын
I’m with you! Straight forward and clear!
@chaseblacketer6724
@chaseblacketer6724 18 сағат бұрын
Trust? He was wrong lol
@fatalradius
@fatalradius 20 сағат бұрын
My entire company got laid off, and I'm unemployment. The job market is real terrible at the moment.
@txrida9377
@txrida9377 18 сағат бұрын
Yea it is hard to find jobs
@marksgoogle4360
@marksgoogle4360 18 сағат бұрын
Its been but the same democrat media says its all great!
@ActualVital
@ActualVital 14 сағат бұрын
Vote red, not blue.
@tommydong8070
@tommydong8070 10 сағат бұрын
If the company you worked for closed down, it has nothing to do with the current administration, but more about bad business model.
@Cat-nv6fd
@Cat-nv6fd Сағат бұрын
@@tommydong8070 ad if the layoffs arent happening everywhere including major companies..... Oh did we forget the hiring freezes
@rogeriosilva5074
@rogeriosilva5074 22 сағат бұрын
J Powell wasn’t very confident answering the questions .
@dbrhb5729
@dbrhb5729 23 сағат бұрын
It's an election year
@1timothydillon
@1timothydillon 23 сағат бұрын
It's always an election year.
@TripleAstyle1
@TripleAstyle1 21 сағат бұрын
@@1timothydillon nope... them trying to boost the economy right before an ACTUAL election is simply to fool the plebs that have been suffering into voting the same way.
@cometasporelcielo
@cometasporelcielo 21 сағат бұрын
the fed prides itself on being apolitical.
@jmccormick1490
@jmccormick1490 21 сағат бұрын
🎯
@patrapper7367
@patrapper7367 20 сағат бұрын
Gee ya think?
@CaliSteve169
@CaliSteve169 23 сағат бұрын
But Kamala and Joe are saying that their economy is great. Why cut rates?
@sandrabentley8111
@sandrabentley8111 22 сағат бұрын
Because it's easier and better for people to get loans, mortgages, car loans etc. It's just not great for savers like me. But shows that inflation is down. Companies also will be happy.
@tonyd4346
@tonyd4346 22 сағат бұрын
Uhm…really need to ask?
@mithall4198
@mithall4198 22 сағат бұрын
Election meddling.
@Opus4p
@Opus4p 22 сағат бұрын
Uneducated question
@mrsm482
@mrsm482 22 сағат бұрын
😂
@daveblackman816
@daveblackman816 23 сағат бұрын
I was expecting .25 but .5? lol interesting.
@2d4e
@2d4e 23 сағат бұрын
They thought about 0.75 - we’re lucky we only got 0.5
@Aunny123
@Aunny123 23 сағат бұрын
Extending this scam out as far as possible before the chaos ensues.
@skeezix8156
@skeezix8156 19 сағат бұрын
Scary because nobody can really predict where that intersection is that unravels the chaos
@ThinkTwice2222
@ThinkTwice2222 22 сағат бұрын
Someone closed on a house last week and feels pretty crappy right now
@travisskeans2511
@travisskeans2511 21 сағат бұрын
I feel fine lol. But thanks for you input
@yummymommy2275
@yummymommy2275 21 сағат бұрын
Some banks offered lower interest rates in anticipation of the rate cut. Brian had been discussing that on his channel for weeks now.
@MeBihhhh
@MeBihhhh 13 минут бұрын
@@yummymommy2275remember when Brian said bitcoin would sky rocket 😂
@ninja234-v4f
@ninja234-v4f 23 сағат бұрын
Can we just get rid of powell and find a better person who truly care about the U.S economy
@sprinkle61
@sprinkle61 21 сағат бұрын
No one wants to take the blame when this applecart crashes hard. Second Term Trump will replace Powell, but it will be too late by then.
@DawnClark-wj9ix
@DawnClark-wj9ix 21 сағат бұрын
YES! 100% AGREE! No more Grandma Yellen either!
@raybod1775
@raybod1775 20 сағат бұрын
It’s really fault of Congress, they make Fed rules and pass huge deficit spending.
@matthewm3912
@matthewm3912 23 сағат бұрын
Ok, we have been searching for a house for 3 years. We have been looking really hard again lately, but keep stopping ourselves because prices haven't come down enough. I think we are being forced to buy now because of this. I'd rather get a higher interest rate now, and refinance later than have the prices skyrocket on homes again and be even more screwed.
@gunsmoke9030
@gunsmoke9030 22 сағат бұрын
Yep that was basically my same situation, so i bought last oct at 7.5% and will just refinance tbh im just glad its overwith i was bleeding thousands on temporary living and inspections while looking anyway.. i said screw it ill refinance later.
@daswulf2694
@daswulf2694 21 сағат бұрын
I made this mistake in 2020... Now look at the prices. Bought in 2022 and refied now.
@alexkennedy5133
@alexkennedy5133 21 сағат бұрын
That’s why my wife and I bought our first house earlier this year. We didn’t want to be priced out when it’s already high. Imagine saving for years for $80k down payment only for housing prices to go up another $80k or more.
@yesmassaishouldhavelistene3220
@yesmassaishouldhavelistene3220 20 сағат бұрын
Maybe Tupelo, Mississippi. The major cities and suburbs aren't offering that now.
@phil488pista9
@phil488pista9 23 сағат бұрын
Good news for the rich, not so much for the lower /middle class.
@hushmoney2058
@hushmoney2058 22 сағат бұрын
The Best Feeling in the World is to Live off Interest ...
@user-ic6xf
@user-ic6xf 20 сағат бұрын
I don't care about stocks going up... I just want the housing market to start getting hot again.. First time home buyer and there is still only overpriced shit houses near me...
@VRGamingTherapy
@VRGamingTherapy 23 сағат бұрын
Forget the soft landing, it's a crash & burn.
@bioshock9998
@bioshock9998 22 сағат бұрын
I don’t get why the comments are bullish
@peterbedford2610
@peterbedford2610 22 сағат бұрын
Completely wrong
@raybod1775
@raybod1775 20 сағат бұрын
Not in Chicago, traffic is unreal and downtown has tourists again.
@cisium1184
@cisium1184 23 сағат бұрын
For reference, the first rate cut following the 2008 crisis was 50bp.
@ehren5347
@ehren5347 21 сағат бұрын
TIL
@raybod1775
@raybod1775 20 сағат бұрын
2008 financial crisis was caused by fake loan applications and mixed mortgages bundled together.
@bradhaines3142
@bradhaines3142 20 сағат бұрын
following? maybe this time it's before
@CP-ok1gv
@CP-ok1gv 20 сағат бұрын
Following or ahead of the crisis?
@ethisfreedom
@ethisfreedom 14 сағат бұрын
they cut 50 bps on 18th sept 2007 so before 2008 crisis
@sliphere011
@sliphere011 22 сағат бұрын
People thinking these rate cuts will save housing or auto market... Even at 0% rate, people can't afford the over inflated auto and house costs. Both markets have to crash to become affordable.
@squashua16
@squashua16 22 сағат бұрын
Wages need to double 😅
@Jakkaribik1
@Jakkaribik1 22 сағат бұрын
@@squashua16 Times 5 And 50% Cut In Taxes
@TheWilferch
@TheWilferch 19 сағат бұрын
"Can't".... I think you meant to say
@sliphere011
@sliphere011 19 сағат бұрын
@@TheWilferch oh right. Fixed!
@TheWilferch
@TheWilferch 19 сағат бұрын
@@sliphere011 ..no prob....happens to me often too....👍
@venvnco6259
@venvnco6259 23 сағат бұрын
Rates are normal. When they cut to free money again inflation will be crazy.
@KevinCostner471
@KevinCostner471 5 сағат бұрын
No!
@appleztooranges
@appleztooranges 23 сағат бұрын
Gold just hit $2600 per oz
@sandrabentley8111
@sandrabentley8111 22 сағат бұрын
I wish silver would go through the roof like gold.
@appleztooranges
@appleztooranges 22 сағат бұрын
@@sandrabentley8111 I hate silver
@sarahannsmith3129
@sarahannsmith3129 19 сағат бұрын
@@sandrabentley8111 Yes!
@Mr.Anderson31
@Mr.Anderson31 23 сағат бұрын
Inflation 📈📈📈📈📈📈
@Daniel-ld3zi
@Daniel-ld3zi 23 сағат бұрын
Why?
@tybo_g37s
@tybo_g37s 23 сағат бұрын
@@Daniel-ld3zi b/c people will keep spending
@Daniel-ld3zi
@Daniel-ld3zi 23 сағат бұрын
@@tybo_g37s didn't seem to stop them with higher rates
@anemiapwns1
@anemiapwns1 22 сағат бұрын
​@@tybo_g37s The printers of the currency will be spending those currency units that they create out of thin air causing devaluation of the whole currency supply. People spending is really only pertinent to those who get their hands on the newly printed currency first. More currency units chasing the same amount of goods = inflation.
@diegoharo7943
@diegoharo7943 22 сағат бұрын
@@tybo_g37swhich has been happening since the summer of 2022 yet the rate at which inflation increases has been declining
@spencerathearn3586
@spencerathearn3586 23 сағат бұрын
And watch the price of everything go thru the roof . Gold is up to 2621 an ounce
@magicman9321
@magicman9321 23 сағат бұрын
Gotta watch kitco for price not Yahoo news.
@spencerathearn3586
@spencerathearn3586 23 сағат бұрын
​@@magicman9321 thank you
@grimaffiliations3671
@grimaffiliations3671 23 сағат бұрын
aint gonna happen, productivity is too hgih
@edubb2491
@edubb2491 22 сағат бұрын
Can't keep rates high
@bobnankervis9722
@bobnankervis9722 22 сағат бұрын
That's the 'futures' price, not the spot price
@mrlion2022
@mrlion2022 23 сағат бұрын
Yes, 0.5%, let's goooo more inflation. Assets will 🚀👩‍🚀🤑
@billylisenbee8437
@billylisenbee8437 23 сағат бұрын
my classic car going up up up $$$
@TortugaDeRio
@TortugaDeRio 23 сағат бұрын
Nope .. recession incoming stocks will correct down..lag affect
@mrlion2022
@mrlion2022 23 сағат бұрын
@billylisenbee8437 Let's goooo all assets. I'm so ready
@BenUCLA
@BenUCLA 23 сағат бұрын
LFG
@kylegrant9980
@kylegrant9980 23 сағат бұрын
@@TortugaDeRio Stocks are forward looking.
@Bia82Bia
@Bia82Bia 23 сағат бұрын
The end of High Yield Savings and the starting of a worse inflation. Good luck with that 😅😂
@kawhiiee
@kawhiiee 22 сағат бұрын
How does this affect HYS?
@kucukdede
@kucukdede 22 сағат бұрын
​@@kawhiiee your rate just plummeted by close to 1 point. That's how.
@Aj-me8mo
@Aj-me8mo 22 сағат бұрын
​@@kucukdedelock in 5% cd's right meow!!
@TheeSchizoKing
@TheeSchizoKing 21 сағат бұрын
@@kucukdede 1% "Plummet" is illogical in itself
@theinvestorslender
@theinvestorslender 23 сағат бұрын
Keep in mind guys that for mortgages those rates were already priced in so that’s why mortgage rates dropped recently. We’ll see what happens end of the year and how housing is effected
@nitroneonicman
@nitroneonicman 22 сағат бұрын
Wow they went with the panic cut after all
@fatbart8551
@fatbart8551 23 сағат бұрын
Lamborghini dealership here I come!
@barbarawarren9443
@barbarawarren9443 23 сағат бұрын
😂😅
@ArtRamboPettyQueen
@ArtRamboPettyQueen 22 сағат бұрын
These interest rates are on homes
@beto4Cristo
@beto4Cristo 22 сағат бұрын
​@@ArtRamboPettyQueen It's across the board for financing
@xlkelitesgaming767
@xlkelitesgaming767 22 сағат бұрын
just hoping for my first Honda!
@kvibeats1512
@kvibeats1512 20 сағат бұрын
@@ArtRamboPettyQueenlol you are clueless
@Slyons89
@Slyons89 22 сағат бұрын
first time home buyers screwed again. they'll do anything but let prices come down.
@Swamprowdy
@Swamprowdy 17 сағат бұрын
No, Kamala will give you plenty of down payment money that all is will pay with higher taxes. If course, she'll get richer.
@bobslate7231
@bobslate7231 22 сағат бұрын
Housing wasn't affected much by the tightening of rates so housing heats up which means prices higher and rents higher. Housing Inflation continues!
@DanielGoldMcduckRose
@DanielGoldMcduckRose 18 сағат бұрын
Sounds like dominos
@curtphillipps7830
@curtphillipps7830 2 сағат бұрын
Housing will rise until supply is greater than demand
@prettyyoungthingpyt5015
@prettyyoungthingpyt5015 22 сағат бұрын
Who's these many people? They should keep raising interest rates!!! We all see where low interest rates got us!!!
@raybod1775
@raybod1775 20 сағат бұрын
Can’t keep rates high, commercial real estate could do in big banks.
@DB57RB
@DB57RB 22 сағат бұрын
They caved to political pressure to make a big cut and goose the market. Should have been a .25 cut. The next two-three years are going to be a rollercoaster.
@1Skeptik1
@1Skeptik1 21 сағат бұрын
The market is over-valued.
@kofola9145
@kofola9145 21 сағат бұрын
It dos no really matter, the interest rates are bellow FED rates. At first they were chasing the infatuation, now they are chasing the debt market.
@streettoughfighting
@streettoughfighting 21 сағат бұрын
🤣🤣🤣🤣
@wichertj3
@wichertj3 20 сағат бұрын
RIP any first time hopeful homebuyers ☹️ I think the drop in interest rate will not offset the increase in housing appreciation. Monthly mortgage payments will probably still increase.
@majorerskineCH47
@majorerskineCH47 22 сағат бұрын
I have 30 days before I close on the house and I haven’t locked my rate yet. Giddyup.
@randyseidell1665
@randyseidell1665 22 сағат бұрын
Let's get it on. More money to foreigners, here and everywhere
@raybod1775
@raybod1775 20 сағат бұрын
Are you going to vote for change?
@TearsInReign
@TearsInReign 20 сағат бұрын
​@@raybod1775Change isn't on the ballot
@IlluminumTarot
@IlluminumTarot 22 сағат бұрын
From a 50bp cut to "death by a 1000 cuts".
@454bard
@454bard 22 сағат бұрын
As much as i don't like high interest rates, high inflation or hyper inflation scares me more.
@jamalchess7636
@jamalchess7636 22 сағат бұрын
this will cause high inflation and high unemployment which is worse
@yummymommy2275
@yummymommy2275 21 сағат бұрын
@@454bard inflation is caused by high demand. If people stop buying shit, then there will be no need for prices to continuously go up. remember the initial inflation was caused by the Covid money printing. That money is long gone so only time will tell how the economy reacts.
@bradhaines3142
@bradhaines3142 20 сағат бұрын
rates have been too low for too long, they should be held around 10%
@raybod1775
@raybod1775 20 сағат бұрын
No hyper inflation, that takes budget deficits about 50% of GDP.
@dr.michaellittle5611
@dr.michaellittle5611 20 сағат бұрын
@@jamalchess7636no it will not.
@Gibby-pn6yx
@Gibby-pn6yx 22 сағат бұрын
THEY SHOULD HAVE RAISED RATES TO BRING DOWN INFLATION AND HOME PRICES
@Dennis_510
@Dennis_510 22 сағат бұрын
?
@prettyyoungthingpyt5015
@prettyyoungthingpyt5015 22 сағат бұрын
Exactly!!!
@mrsm482
@mrsm482 22 сағат бұрын
Not their target. 😂
@ahh59823
@ahh59823 22 сағат бұрын
109 COOL
@plakatkingdom3691
@plakatkingdom3691 21 сағат бұрын
Raising rate will not bring down home prices. Cutting rate will bring down home prices...
@vanillashake5495
@vanillashake5495 23 сағат бұрын
Hyper inflation coming
@grimaffiliations3671
@grimaffiliations3671 23 сағат бұрын
cope
@joshuaamoroso4809
@joshuaamoroso4809 23 сағат бұрын
He’s not coping.
@phil488pista9
@phil488pista9 23 сағат бұрын
​@@grimaffiliations3671Why?
@Jack-fr9bk
@Jack-fr9bk 23 сағат бұрын
No it's not quit crying because you didn't buy
@grimaffiliations3671
@grimaffiliations3671 23 сағат бұрын
@@phil488pista9 because he's coping
@1timothydillon
@1timothydillon 22 сағат бұрын
I'm surprised, honestly thought they wouldn't cut at all this year. I was waiting for a rug pull. The economy is doing so well, they're cutting rates. Scary.
@WeBeatMedicare6969
@WeBeatMedicare6969 22 сағат бұрын
It’s to get Kamala elected
@reggiek125
@reggiek125 23 сағат бұрын
Thank you Brian for being on top of things and bring the real!❤❤❤❤❤
@tomcarter3586
@tomcarter3586 16 сағат бұрын
Watch Kamala try to take credit for it 😂😂
@tutumomo5167
@tutumomo5167 Сағат бұрын
If she’s blamed for everything under BIDEN, why not?
@lombardo141
@lombardo141 21 сағат бұрын
I don’t understand the comment section. Will you all be satisfied when everything crashes and we are all on the streets lining up for food ? They raised rates everyone cries, they cut rates everyone cries. wtf ? 😂
@yummymommy2275
@yummymommy2275 21 сағат бұрын
Yes, yes we will be happy.
@Zak_6666
@Zak_6666 21 сағат бұрын
It's because you are in the wrong side mate These are good news for people in the right side
@bradhaines3142
@bradhaines3142 20 сағат бұрын
we need rates increase, only way to stop inflation. drop only makes things worse in the long run
@jtslev
@jtslev 20 сағат бұрын
Hahaha exactly. Bunch of miserable negative nancy’s in the comments. I’m convinced that everyone complaining would have had the same reaction regardless.
@Rainbowpigss
@Rainbowpigss 19 сағат бұрын
It’s about gov debt. They lower rates they can refinance existing debt to lower rates and inflate away the value of the principal owed. There’s currently no realistic way congress can cut spending or raise taxes to get the debt burden down
@Hot_Stank653
@Hot_Stank653 19 сағат бұрын
Cool now my home will be worth 27% more by Christmas 🎉🎉
@fastallowance68
@fastallowance68 23 сағат бұрын
And savers get screwed again.
@RGE_Music
@RGE_Music 22 сағат бұрын
Nah
@FitFinanceGuru
@FitFinanceGuru 22 сағат бұрын
How? This just means we get to invest more and make easy money!!
@tonyd4346
@tonyd4346 22 сағат бұрын
Savings for 6-12 months bills. Beyond that, save less invest more! Wish I started doing this much sooner!
@RGE_Music
@RGE_Music 21 сағат бұрын
@@tonyd4346 im working on getting to 10k and investing from there
@SweetLife27
@SweetLife27 23 сағат бұрын
Optics, that’s all.
@streettoughfighting
@streettoughfighting 20 сағат бұрын
🤣🤣🤣🤣🤣
@rohitkothari3890
@rohitkothari3890 16 сағат бұрын
J Arthur Burns Powell: GDP is strong, labor market is tight, economy is strong n inflation is under control. Americans: Then why do you need to do an unusually large cut?
@hoihoi8
@hoihoi8 19 сағат бұрын
Even at current numbers, we are at historically low interest rates. These guys are clowns
@chrisferretti7020
@chrisferretti7020 22 сағат бұрын
Well, there goes next month's CD rollover.
@SimoneMarie4
@SimoneMarie4 17 сағат бұрын
Whenever this guy says, "It's BS!" Ya just gotta believe him.
@heroicvictory7314
@heroicvictory7314 22 сағат бұрын
Perfect timing 😒 just before they put in the COLA at only a measly 2.5% 2025. We all 👁️ see what’s really going on
@HH-le1vi
@HH-le1vi 21 сағат бұрын
That just means bigger COLA next year.
@raybod1775
@raybod1775 20 сағат бұрын
Official inflation is about 60% of real inflation, COLA won’t help especially if you’re retired paying higher Medicare premiums.
@heroicvictory7314
@heroicvictory7314 20 сағат бұрын
@@raybod1775 facts
@markb3866
@markb3866 23 сағат бұрын
Yes, home prices to the moon
@chuckchan4127
@chuckchan4127 23 сағат бұрын
Eh, depends. If the market is flooded with homes being sold that can push prices down. We will see...
@tybo_g37s
@tybo_g37s 23 сағат бұрын
@@chuckchan4127 he said to the moon!
@hookt422
@hookt422 23 сағат бұрын
@@chuckchan4127let me know where this flood of homes is coming from
@dluu25
@dluu25 23 сағат бұрын
@@chuckchan4127 yeah flooded with those imaginary homes
@FitFinanceGuru
@FitFinanceGuru 22 сағат бұрын
@@chuckchan4127Home quality is at all times low, rates will start to drop. I project 4% rate by end of 2025. We are at 5.9% already before this cut was announced. Low rates = more buyers = higher prices = bidding wars = more money for us all!
@josephkelleher8820
@josephkelleher8820 23 сағат бұрын
Inn my opinion the stock market controls the Fed. I don't believe there was any reason to cut interest rates at this time. The Fed cut was to appease the stock market in my view.
@jmorris023
@jmorris023 23 сағат бұрын
Car and home sales are in the tank. Gotta get those rates down before all of these 2022 Jeeps still sitting on dealer lots rust like the Titanic.
@truthserum5310
@truthserum5310 22 сағат бұрын
@@jmorris023 Nothing to to with rates, and everything to do with Stellantis making crappy and unreliable products that the market doesn't want.
@RafeOConnor-k4t
@RafeOConnor-k4t 12 сағат бұрын
I mean interest rates are nearly 3X the rate of inflation so cuts were necessary just 3 months ago not now that everything is going to shit
@mrarikara975
@mrarikara975 23 сағат бұрын
No better asset then food. Don't need nothing else.
@lennyshwayze980
@lennyshwayze980 22 сағат бұрын
You know you could buy land and be self sufficient but I doubt most of investors or traders know how to live pre modern Era.
@Adelina-293
@Adelina-293 22 сағат бұрын
Acquire land, that way you can set yourself up to be an aristocrat when civilization ends..... the economy's corrected.
@Gia_P.
@Gia_P. 22 сағат бұрын
Food spoils. Shelter, security, medical care. Might also be of interest.
@ohreally8929
@ohreally8929 21 сағат бұрын
Well, maybe an education.
@lennyshwayze980
@lennyshwayze980 21 сағат бұрын
@@ohreally8929 education aka indoctrination..... good slave.
@lindsay1989
@lindsay1989 20 сағат бұрын
This still won’t make me vote for Kamala. Nice try commies
@jimihendrix7524
@jimihendrix7524 19 сағат бұрын
lol ya they really trying to get your vote lmao
@fabuloushostess6171
@fabuloushostess6171 19 сағат бұрын
Aw how cute.
@Robert_H_Diver
@Robert_H_Diver 18 сағат бұрын
@@fabuloushostess6171 cuck
@chhe5433
@chhe5433 17 сағат бұрын
and who is in love with Putin? The only commie lover is Trump
@chelly2468
@chelly2468 17 сағат бұрын
Same.
@ZacharyJClark
@ZacharyJClark 23 сағат бұрын
Oh shit... Inflation is back.
@grimaffiliations3671
@grimaffiliations3671 23 сағат бұрын
nope, productivity too high
@ZacharyJClark
@ZacharyJClark 22 сағат бұрын
@@grimaffiliations3671 The GDP is falsified.
@ZacharyJClark
@ZacharyJClark 22 сағат бұрын
@@grimaffiliations3671 If it will send it, the GDP is falsified.
@ZacharyJClark
@ZacharyJClark 22 сағат бұрын
@@grimaffiliations3671 It keep taking away my response. 😶‍🌫️
@Jakkaribik1
@Jakkaribik1 22 сағат бұрын
@@grimaffiliations3671 People do much Work but do not Get Paid Enough
@1HeatWalk
@1HeatWalk 22 сағат бұрын
Get those money printing press warmed up and ready to go! Time to go Burrrrrrrr 💸💸💸💸
@Jeff-xn1ew
@Jeff-xn1ew 20 сағат бұрын
Well something better than nothing. Gas here in cincy was $2.79 this morning and all last week but today at 4pm the gas was $3.19. Thanks for the video
@brucekeller5259
@brucekeller5259 21 сағат бұрын
All the “ experts “were predicting .25% wtfh?
@johnlin2800
@johnlin2800 23 сағат бұрын
.25, .5%. I appreciate you.
@Stepintime83
@Stepintime83 22 сағат бұрын
The first cut is the deepest
@1046fireman
@1046fireman 22 сағат бұрын
More inflation for certain.
@raybod1775
@raybod1775 20 сағат бұрын
Economy runs on debt and inflation
@hermeskino711
@hermeskino711 21 сағат бұрын
They did 0.5 because they needed to do .25 back in July. Which made sense. Think Powell even admitted or implied they were late in the Q&A
@MoonManNews
@MoonManNews 23 сағат бұрын
The news just came out 2 minutes ago and a video is out already 😂
@ReanuKeaves1
@ReanuKeaves1 23 сағат бұрын
He has them pre recorded for whatever the situation.
@Flush0000
@Flush0000 23 сағат бұрын
​@@ReanuKeaves1He wouldn't know the news of 0.5% cut prior to the announcement
@TheeSchizoKing
@TheeSchizoKing 21 сағат бұрын
@@ReanuKeaves1 true professional!
@ReanuKeaves1
@ReanuKeaves1 21 сағат бұрын
@@Flush0000 Bro it was either 0.25% or 0.25%. He’s done prerecorded videos before.
@Flush0000
@Flush0000 20 сағат бұрын
@@ReanuKeaves1 uumm those are the same numbers
@iammireyaa
@iammireyaa 23 сағат бұрын
Thank you Brian, you always go straight to the point and less BS! 🤙
@KoniB.
@KoniB. 23 сағат бұрын
great job Brian. I been waiting for your notification bell to go off.
@hawkguy12
@hawkguy12 14 сағат бұрын
BREAKING NEWS: Powell is brain dead.
@maon169
@maon169 23 сағат бұрын
0.5 Percent is a HECK A LOT better than 0.25.. I am actually very surprised!! Hopefully is the beginning of something NOT so horrible but Okay.. Still we need higher wages.
@Ohh695
@Ohh695 23 сағат бұрын
Don’t bet on it
@maon169
@maon169 22 сағат бұрын
@@Ohh695 That is why I said.. NOT so horrible
@Clintoniumer
@Clintoniumer 22 сағат бұрын
Inflation about to come back up and outpace our wages
@bioshock9998
@bioshock9998 22 сағат бұрын
Its bad news imo
@jimmykim2497
@jimmykim2497 13 сағат бұрын
@@Clintoniumer It has been outpacing our wages for decades. Nothing is going to change that.
@bjhellstrom1284
@bjhellstrom1284 19 сағат бұрын
"Easy money" is the antithesis of "free market"
@Kushert
@Kushert 22 сағат бұрын
Housing crash???.... rich people are scooping up every house available
@RoyelNotRoyal
@RoyelNotRoyal 22 сағат бұрын
Yes they are
@FitFinanceGuru
@FitFinanceGuru 22 сағат бұрын
This is the best time to buy! Get out there and do it yourself! 💪
@prettyyoungthingpyt5015
@prettyyoungthingpyt5015 22 сағат бұрын
​. Can't afford those prices!!!!
@NaiSaetern-tp6fi
@NaiSaetern-tp6fi 16 сағат бұрын
Don’t buy house or new cars for the next 10 years. If everyone do this for sure the price will drop.
@MrJimEarnest
@MrJimEarnest 23 сағат бұрын
Thank you for keeping us on top of all of the Feds machinations.
@jbsang54
@jbsang54 23 сағат бұрын
.5%?? Where in the heck are we going with that!!?? 🤔🙄🙄
@richiestarks6163
@richiestarks6163 23 сағат бұрын
I am shocked. .05 percent is alot.
@Missperfectdiva92
@Missperfectdiva92 22 сағат бұрын
Right! The economy must be in serious trouble and they are hiding it
@rook9309
@rook9309 20 сағат бұрын
Yay, and now let’s NOT bring in tariffs along with more tax cuts which would be insane
@fabuloushostess6171
@fabuloushostess6171 19 сағат бұрын
Tariffs affect everyone while tax cuts are disproportionately better for the rich. We live in an oligarchy.
@mariabravo5871
@mariabravo5871 23 сағат бұрын
CNBC - Powell is live.
@mrabrasive51
@mrabrasive51 20 сағат бұрын
They can't project rates 1 to 2 years out!..too many variables.
@Nubian_King
@Nubian_King 23 сағат бұрын
Thanks for all you do brother 🙏🏿
@clearvaluetax9382
@clearvaluetax9382 23 сағат бұрын
Thank you for all the support Nubian King!
@billystutz55
@billystutz55 22 сағат бұрын
Is anybody else’s gut telling them this is a bad idea?
@Yonick1999z
@Yonick1999z 23 сағат бұрын
I tune into your channel everyday ‼️ you’re the only finance YT channel I trust. Thank you for your effort 💪
@Popperdrop
@Popperdrop 4 сағат бұрын
When we run out of savings, all big companies are screwed with their profits. Only necessities will be bought. Those rate cuts are nowhere near enough. Everything went up in cost that the compounding effect of everything going up has overwhelmed salaries. So unless Everything drops to 2019 prices with low interest rates...you can take those rate cuts and shove them where the sun don't shine, we are BROKE, we lost savings, we learned the lesson, NECESSITIES ONLY. If we sink, then corporation profits sink with us by force.
@fastallowance68
@fastallowance68 23 сағат бұрын
Nice, my house just went up $80k today. Next Kamala will give $25k to homebuyers so my house will rise another $75k. It just gets more crazy each day.
@savoy6
@savoy6 22 сағат бұрын
People will gripe no matter what. That’s my prediction.
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