Fed Chair Powell speaks at the Economic Club of Washington D.C. on the economy - 7/15/2024

Fed Chair Jerome Powell speaks at the Economic Club of Washington, DC on the current state of the U.S. and global economy and fighting inflation in a conversation moderated by David Rubenstein.
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Fed Chair Powell speaks at the Economic Club of Washington D.C. on the economy - 7/15/2024

[@Dave_East]

We are becoming too obsessed with the incoming crisis. In the right sense, the market never crashes. It just undergoes cycles, and almost always recovers. So I really don't care what the predictions are. I just want to grow my $480k portfolio. I read that people are pulling in massive profits despite the downturn. Any tips on how they do it?

[@Jasonshelton-]

I think there are advsors that can help you achieve the growth you need. You just have to make some research and get one who fits your fin-goal. YT is not the place!

[@Olivia-z5c]

I agree that the economy always recover. But then Investing through an advisor who understands the market, however, is simpler and yields higher returns. I started working with my CFP with less than $100,000, and as of right now, I'm just less than $30,000 short of half a million portfolio.

[@berniceburgos-]

Mind if I ask you to recommend this particular coach you using their service?

[@Olivia-z5c]

Sure! She goes by 'Jessica Lee Horst'. Just research the name. All of this happened in less than a year after she told me what to do.

[@DhanaPayar]

Just ran an online search on her name and came across her website; pretty well educated. thank you for sharing.

[@OscarRM-jd7io]

Fire the audio engineer!!!

[@CaptureCat88]

So difficult to listen to

[@RolandWingo]

Do you think it's a good time to consider selling some stocks, or is it better to hold onto them for the long term? I’m considering rebalancing my $2M portfolios, So I'm curious about the best strategies to invest this year.

[@VanChuong-on2gh]

I guess it's important to reassess your investment strategies based on current market conditions. You should also consider a market expert to guide you.

[@tinsleyLuna]

Having the correct plan in place is crucial; my portfolio is well-suited to each season of the market and recently experienced a 100% increase from early last year. My CFP and I are working on a 7-figure target, albeit this could take until Q4 2024.

[@mandyyonge]

could you share more info please on the advisor that guides youcould you share more info please on the advisor that guides you

[@tinsleyLuna]

just research the name Lucia Alicia Cruz. You’d find necessary details to work with a correspondence to set up an appointment.

[@mandyyonge]

thanks you for sharing.. I must say, LUCIA appears to be well knowledgeable, just came across her consulting page and went through her resume, very impressive!

[@finleysterling562]

I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they discussed therein...

[@farehtinyilmaz851]

If you’re new to investing or have a more complex financial situation, It can be helpful to work with a financial advisor who can provide personalized guidance and help you make informed investment decisions.

[@SamehGalal-bj5ni]

Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.

[@darrenphilip247]

That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of 550k, which is about 10 times more than I average on.

[@finleysterling562]

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

[@darrenphilip247]

Ethan Grayson is one of the finest portfolio managers in the field. He's widely recognized; you should look him up.

[@AK-km2kd]

This is how an interview should be conducted.

[@kevincarterjunior8511]

Fix David' Mic!!!

[@konradkantor]

I don't love the FED, and I think our fractional reserve system of banking is doomed to fail eventually, but I do think Powell is intelligent, honest, and has the US population's best interests at heart.

[@shashankdubey5272]

Even the mic is volatile after hearing him 😁

[@sainttrades777]

Apparently "we didn't think" is the reason I cant afford a home 😅

[@philiscoolerthanu]

I guess mics are hard to get due to inflation. Thank god its transitory 😂

[@ricinro]

It was transitory. Inflation went up, then it went down. It appears that supply chain problems, including the gas shortage due to an unfortunate agreement to limit global oil production during the pandemic.

[@matewatson7002]

Good one😅

[@andreawahleithner9640]

​@@ricinroYA like biden shutting down the keystone pipeline.

[@ricinro]

@@andreawahleithner9640, Again, the tar sands oil pumped through keystone would not have been used in our refineries and would not have affected the price gouging caused by the global production cuts.

[@mesenburg]

Jerome Powell Communicating economic concepts to the common A true leader A reason to have confidence in our government From Paul volcker to Alan Greenspan Chairman Powell is the real deal He cogently explains complex economic topics in a simple manner This indicates he truly understands his material Thank you for your American support

[@blueskyloo]

just realized ....That clap @0:32 is a Universal thing. Transcends countries & Bank balances

[@simpiwemaqwara2184]

At last,he admits that there were late on minimising inflation

[@hgdsjkhajigds1216]

Houses and rents are too expensive!!!!

[@Fgji230]

Work harder.

[@Z4CK_RBLX]

hodl

[@joelgarridovaldiviezo8834]

I give you a tip Jerome, stop printing and autolending money, that generates inflation.

[@marjoriedennis]

All positive news which the country needs now clearly and timely explained. Let's hope that this growth will continue .

[@hedgedrisk]

This is why nobody tunes in…way to go CNBC

[@purple_panther04]

the audio is just terrible.

[@Decatron2]

Did CNBC fire their entire production team? Sounds and looks like David is doing all the work by himself.

[@albhapet6088]

you grow up thinking oh i cant smoke cigarettes until 18 because they're bad for me laws are created to protect me then you get older and realize all laws dont have good reason and some are there from bribes basically breaks down your faith in the country

[@NaqeebFX]

Why Jerome Powell washes retail traders accounts😂😂😂

[@mal7344]

We Can Tell When The FED Is Out Of Control ... The People Are Suffering

[@chilli-bp4ws]

I have not decided to know anything, it is Google that moves everything for him

[@Whale15]

Bitcoin

[@bharathprabuchandrasekar1696]

Usd strong or weak? Tell me friends

[@pgreen1985]

Very strong... for the day.

[@bharathprabuchandrasekar1696]

@@pgreen1985 thanks friend

[@bharathprabuchandrasekar1696]

❤

[@KennTollens]

Why is no one hiring if the economy is so great?

[@jimmy79889]

Taxes are way too high and regulations are overburdening companies. They've been saying this for a while but the President and congress hasn't listened to CEOs

[@10OZDuster]

profits are at an all time high and so are CEO salaries...can't lie about numbers !

[@jimmy79889]

@@10OZDuster And what would've happened if companies kept prices the same as they were prior BIden stepping into office? You know the inflation rate during his presidency and the outcome that it would have had on companies. Companies have record profits almost every year because if they stagnated, they would go out of business. Do you understand how capitalism works?

[@KungFuWizardOfJesus]

@@jimmy79889you’re overanalysing the dudes comment.

[@ranjang3543]

He won't cut interest, may increase (people printing money on Wall Street who will keep money on bank, why they bother about interest cut

[@MrHumpity]

Keeps switching feed.

[@chilli-bp4ws]

If I can help, know that you have the power to do what is necessary, I just need help with my problem that Google has hacked me to steal everything and even if you don't believe it, I am disconnected from everything

[@CapitalismDeathSpiral]

Thumbs down 👎 pure lies

[@SNR308]

moving goal posts all the sudden

[@senersaltk6757]

Europa ist hinsichtlich Zinssenkungen optimistischer als Amerika

[@strangestmeat3065]

Europe needs more growth overall

[@y.g.1313]

Those mofos can not even fix mike for moderator! Pathetic

[@Tony-lb5eg]

This is the excuse. We are in the group we decide to gather. We don't want to be to late. Economy is good blah, blah blah. Everything is politics 🥂

[@MOliveira-m5h]

I don't think they know anything. it's like boeing with the safety issues that cost a ton of money. Those are supposed to be durable goods. You have an initial cost and projected operating cost and final price. and that's supposed to be how you give it in initial or final value for the lending and stuff and it's all bullcrap. That's what's happened with building and construction which is durable goods but the people doing the projections are full of crap. An example is the twin towers. That was too expensive to repair or even demolish economically. They built a ton of big houses that requires more labor to maintain but they sucked up all of the money in the real estate and finance side. And they sold things for commission without thinking about operating costs or replacement costs. Then California stopped ensuring houses and they say it's because of global warming.

[@user-tp1wx8xj2z]

Ketabrak 2rb

[@Rocket_Man]

Busy day! Y’all ain’t finna keep tha goods all for ya self

[@MegaPapa8888]

No deficit?

[@willycampos9813]

Age of Aquarius huh

[@ClockFixer]

Lies, Lies, and More Lies!!!!

[@Iamnikolopez]

#bitcoin

[@effendimashadi2991]

7

[@supermardy1]

Lies we're having a depression right now Powell stop spewing your lies

[@user-ij9bs9ke9j]

😂😂😂😂😂😂😂😂😂😂

[@ElectronicJogot]

SAVE BANGLADESH STUDENTS #DHAKAUNIVERSITYFIGHT 😢

[@AngelMark-mk5sv]

You won't believe what happened to me recently. I was struggling with getting contract offers, feeling like I was hitting a dead end every time. But then, I came across this unconventional solution while reading online. I decided to give it a shot out of desperation.. And guess what? A company that had rejected me before called back saying they wanted to award me the contract. It was like a dream come true.

[@user-qf1oe8el1k]

Really? I'm in a similar situation right now. What did you do?

[@AngelMark-mk5sv]

Dr Ben Spell Castle is the advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

[@user-qf1oe8el1k]

Thanks for sharing. I curiously searched for his full name and his website popped up after scrolling a bit.

[@ElectronicJogot]

SAVE BANGLADESH STUDENTS @DHAKAUNIVERSITYFIGHT 😢

[@ElectronicJogot]

SAVE BANGLADESH STUDENTS #DHAKAUNIVERSITYFIGHT 😢

[@ElectronicJogot]

SAVE BANGLADESH STUDENTS #DHAKAUNIVERSITYFIGHT 😢