Labor Market Cracks, Recession Signals, And A March Rate Cut? | Danielle DiMartino Booth

[@TheJuliaLaRocheShow]

Hey everyone! I hope you enjoy my latest with Danielle DiMartino Booth. We've begun a tradition of in-person Fed Day episodes. Looking forward to many more to come. Thanks for your support of this channel. 💙Julia

[@AJ-if4qv]

Danielle Dimartino Booth = Best in Class Thanks for sharing the interview, Julia!

[@mrsterling5306]

Always appreciate listening to Danielle’s thoughts! Thanks Julia 😊

[@EDJ1984]

The only two BIG reasons I admire her

[@DiGiTaLGraveDigga]

pervert!

[@nohopeequalsnofear3242]

We have been getting crushed by hyperinflation... Please don't cut rates... raise rates!!!

[@faithsrvtrip8768]

Agree. I have cash and depend on interest income

[@davidcpugh8743]

Saved a 25% down for my first house. Calculated a 15 year payoff. That set the ceiling on what I bought. Took a 30 year so not facing a potential default if had to move to a high cost market. Or lost my job. A cushion. Every payment made was extra principal paid down. My last and present house was cash. Zero debt. Really big cash cushion!

[@tactileslut]

Most today can't do that with a used car. Some are financing gasoline, pizza and burgers. Congratulations on achieving actual ownership of a house.

[@ask_why000]

Congratulations! 30,000 stands between where I am and where you are. Can't wait for that last HELOC principal payment that puts the account at zero!

[@seanchristophersapp]

Danielle's comments on rents are 100% accurate. Anecdotally, when we moved into our new build apartment complex after viewing multiple in the beginning of Q4 2024, initially rents were $2300-2500 for a 2 bedroom 2 bath and by the time we signed 2 months later, we received incentives that lowered our monthly rate, over a 14 month period, to ~$1900. Essentially what we were paying further from our metro area, in a smaller and much older property with less amenities during all of 2024. Oversupply of multifamily properties entering the market and weak demand from labor growth gave us this competitive advantage.

[@southhillfarm2795]

In my opinion $2300 is a lot to pay for rent. Mind you it is a 2 bed 2 bath. Even $1900 is a price to pay. That’s around $22,000 per year. I hope that includes utilities.

[@seanchristophersapp]

@ I live 5 min from a large metro on the coast in the sunbelt. 1 bedrooms within the metro go between $3-4,000. I’m assuming you are more familiar with rural prices.

[@AJ-if4qv]

Thanks for the report. Your post helps gain perspective on the subject. I'm in Vegas, which is strongly influenced by the California market continuous exodus since the Peace Division started in the early 1990s (post-Cold War MIC workers in CA coming to Nevada for better tax treatment). It will be interesting to see how the Newsom Fires affect our rental market since so many people did not have insurance, and hence, their net worth literally went up in flames. So, many of these displaced people from CA has one option: Rent in Vegas. Sidebar: AMH Homes out of Irvine, CA, has built two SFR Serf Colonies in the SW Sub-Market of Vegas at Hualapai & Blue Diamond Road (State Hwy 160). Those rents are going back to CA for Newsom to TAX & WASTE while the renters in those homes built zero equity & are effectively paying 100% tribute to their Lords, AMH Homes. Interesting to see play out.

[@alvincollins1056]

My spouse and I have been a two-year journey of downsizing from our house to a condo paying off debt. I got rid of my truck and got an old truck no payments. We aren’t buying anything but silver, this is how we save money we do not save fiat currency in this household.. I’m 37

[@ActiveTravelWestUSA]

Smart! Maybe consider moving to rural location and growing food etc! SHTF now!

[@juliorivas7428]

As Lacy Hunt )who is a brilliant economist) keeps revealing based on data analysis, is that we have been in recession for over a year and are entering deflationary times, then interest rates will be falling dramatically in 2025.

[@tlindsay1007]

Good.

[@Reason-Logic]

Always rewarding watching these two brilliant ladies illuminate dark corners of trading.

[@bobbobertson7568]

The narrative that the tariffs are automatically inflationary is total nonsense. It's rather a tax that'll just dent demand

[@emmanuelcadet3120]

Inflation is used as a blanket term to explain raising prices. Is it Inflationary? No. Will prices go up? Yes. Example If american meat is 15 dollars. Country x is sold 10 dollars in america. Country x is hit with tarrifs. Both are now 15 dollars. No cheaper alternative. Prices raised. Either you pay the price or don't. If you don't then store will carry less or not carry at all.

[@randyosborne3971]

Trump and Elon need to abolish Affirmative Action. It's not merit based. Let's make American competitive again.

[@butmunchass]

I thought they replaced it with DEI programs.

[@tlindsay1007]

It was abolished. The Marxist Dems later just called it DEI, and no one sued for racial discrimination, until just recently.

[@SunRays996]

Danielle is extraordinary, so precise, love these interviews!! 😮😮😮

[@randywhelchel4674]

They need to take account 1500 minimum illegals leaving jobs in the US that were paid slave wages those jobs are now needed to be fill that real wages now NOT disinflation

[@GreenNutGuy]

Beautiful and intelligent ladies! Amazing show ❤

[@butmunchass]

DDB is looking the best, despite being the older woman!

[@tlindsay1007]

We need deflation. How are we supposed to ever catch up after the inflation accumulated from the COVID spending?

[@rathelmmc3194]

Stagflation would do it.

[@tlindsay1007]

You're right. That would be better.

[@reddingtom]

If you deport 15 million aliens, then you are going to see a lagged, but strong jump in wages.

[@cathypaz3555]

As always….Di Martino always on point!

[@davidcpugh8743]

Thank you ladies.

[@davidcpugh8743]

Waller a heavy hitter too. Trust Dimartino to pick this up. Why I subscribe to this podcast.

[@rockycodyjesse]

have noticed auto dealers advertising “no credit, bad credit, no problem! everyone needs a second chance to own a car”. these same commercials ran pre-2008 🤦‍♀️

[@southhillfarm2795]

It’s always good to hear Danielle’s views. Main Street talk. I don’t know if Trumps plans will work. One thing is a for sure and that is cut government by half. That’s the most important.

[@michaelstock9351]

Another great video

[@nirvaanmeharchand5896]

Great conversation. Thank you.

[@thecyclinggreek274]

Another Great video.

[@civilguardk9llc551]

Would love to see Daniel have a press pass for the Press briefings at the White House.

[@Willfully_Ignorant]

This would be great information is Danielle was actually right once in a while on her calls.

[@b1burck]

No one has a crystal ball ..she has insight and knowledge...what have you been right on??

[@butmunchass]

@@b1burck She has two crystal balls!

[@Frank-r6v]

Jobs?? There are so many jobs out there. I am exc at a large international company. We currently have 1800 job openings and we are filling them or trying to. Half are entry level. So many jobs are out there dont be fooled

[@Eric-m2f3d]

Let me guess paying under $18/hr?

[@reddingtom]

Trying raising the salary offer

[@williambenson7197]

Andrew Yang has been speaking about AI wiping out jobs since 2016. He also spoke about creative thinking being the forward trend. He is great.

[@calebfast8088]

47:41 Talking the investments into AI, historically, the first people to a market where they are making a brand new thing, are some of the first to fail or fade into obscurity. It isn't until someone sweeps in and figures out a faster or better way to make it that an industry really gets big and takes off. Rockefeller wasn't first. Carnegie wasn't first. Jobs wasn't first.

[@jacknaneek1681]

This woman has been wrong since 2020

[@bdek68]

You are are a little slow aren’t you?

[@Willfully_Ignorant]

@@bdek68he is right. She has predicted 15 of the last 1 recessions.

[@bdek68]

@@Willfully_Ignorantyou are even more clueless! 😂😂

[@frogger2b]

it's the same thing every month...the sky is falling! you could make a fortune doing the opposite of what she says.

[@gen-X-trader]

Before that, I've been watching off and on since we were at s&p 2000, she's always bearish, always some problem about to blow up. I have never heard her say You know it's a good time to load up on equities. Meanwhile the s&p is up 3x. Truthfully I think it's a bunch of old guys that just...... well you know where I'm about to go with that 😂 That's why they like her

[@amraceway]

Totally disagree with this guest. She does not seem to understand government spending.It is what they spend it on that is critical. Efficiency is a byword for austerity that only benefits the elite who are not only immune to its effects but benefit enormously from it.

[@Davey954]

The best thing for the USA to do is get rid of the Federal Reserve and get back on the gold standard.

[@faithsrvtrip8768]

😂

[@duanedupon4360]

Excellent discussion....I thought her comments on AI interesting...US AI have been making big investments. Chip design and power investments. around minutes 47, she makes a low pass at our investment....the big question is: Has the China cracked the code on AI with a cheaper solution that doesn't require the investments we have made..I'm not a techie, but maybe a thread to pul on??

[@Fortuitous14U]

I would suggest that the FED caused the recession that they were "worried " about in 2019 by continuously raising rates from the moment Trump took office until that time. I think the Fed funds rate was about .2 when trump won the election and they had it up to something like 2.4% by 2019? Then wondered why the economy was slowing?

[@wavymcfly]

Will she admit that she was wrong about Powell being the new Volcker? I have yet to hear her admit she was wrong.

[@dm-oz9yd]

I've been following her for a while and honestly she's all over the map

[@emmeadowmitbbs3537]

Powell is better than Arthur Burns. He wants to be Volcker, but he lives in a time when he needs to play the role of Arthur Burns. That's the dilemma. I do not blame Danielle to have best wishes.

[@wavymcfly]

@@emmeadowmitbbs3537 nah man, you’re making excuses.

[@Eric-m2f3d]

Powell did the fastest interest hike in history. They quadrupled rates for households and businesses in less than a year. Paul Volcker never quadrupled rates!

[@samschoenberg1281]

This version of AI is not taking your jobs, Its not going to be worth a trillion dollars in profits, and its not going to produce AGI. Its another grift that needs to be wiped out for everyone's sake.

[@Resmith18SR]

Love to see Danielle and Julia for another session of Eye Candy Economics. 😂

[@steveeuphrates-river7342]

Danielle has a big personality

[@witHonor1]

Meanwhile Trump is doing massive Austerity and Inflationary policies in the Greatest Depression ever. I made it all the way till the statistics nonsense and "the last administration". It's all of them, not just the last one. The last time this guy was in too. Ugh.

[@Dan-eu6fl]

Hey Daniel I know that's not the case in Camel Indiana because I have been looking.

[@steveeuphrates-river7342]

near Baltimore, almost all the apartment building occupancies are 95%. red hot.

[@howard965]

Is illegal person leaving US is dis inflationary ?

[@bobbobertson7568]

Possibly.

[@anniealexander9616]

Yes. The foodstamps savings is a lot.

[@Eric-m2f3d]

​@@anniealexander9616An undocumented person can't receive food stamps. Educate yourself!

[@timferguson593]

There are apartments being built everywhere in Idaho. Lots of them.

[@TexasRiverRat31254]

I always enjoy interviews with Danielle and learn a lot from them as she has a "contrarian" view.

[@ActiveTravelWestUSA]

Two babes smart and saying all the right things! Do they swing? Lmao! Haha

[@ManPursueExcellence]

Hi Julia and Danielle ❤ 👀

[@AshX-rh7vj]

Is Danielle DiMartino Booth a perma bear. I have never seen her give a bullish sentiment.

[@RobertMilfeld]

Hate to burst everyone’s bubble, but we are already in a recession. Everything including the stock market, precious metals market, crypto market, too big to fail banks numbers, etc., etc. I live in the Vail, Co. area and everyone’s numbers are down at and tourists have crocodile arms.

[@OM-nq9dd]

Trump 1.0 and immigration slowdown coincided with rate hikes in 2018. Reducing the inward flow of labor, either directly via migration barriers, or indirectly via trade barriers, creates higher demand for domestic labor and higher wages and prices.

[@timferguson593]

Danielle. Tell us how you would make a real world impact on the national debt. Cutting federal employees sounds good but isn’t going to do it.

[@peterlim3189]

Smart woman! ❤❤❤

[@HelloWorld-hb7yt]

good interview!

[@christianmiehe]

Where is the great recession with the labour market collapse this women promoted already 12 month ago???

[@jerseyguy8143]

TAX CUTS ARE INFLATIONARY WHEN YOU BORROW THE MONEY TO EXTREME LEVELS…$$$$

[@dm-oz9yd]

Still waiting for that deflation..

[@windfall35]

Trump 25% tariffs on every Canadian and Mexican raw material paid for by American business should help prop up prices to consumers...

[@mktwatcher]

Trump wants interest rates to go down. That ultimately will be Inflationary!

[@ask_why000]

We're fine. Elon Musk isn't going to do much of anything. If Trump wanted the deficit undercontrol he would have tasked someone serious, not a government welfare recipient used EV car salesman.

[@floweringevergreen3584]

If Danielle doesn't know who Peter Navarro is, she should. Her TDS is tiresome.

[@RSI_50]

If you have followed Danielle's advice you have missed enormous gains the last 4 or 5 years. There will be a time when she is right but until then your losses pile up. No one knows when that time will come.

[@Resmith18SR]

Like right before the market crash in the GFC and people lost half or more of their gains.

[@RSI_50]

She called the GFC? Good on her if she did.

[@prolific1518]

Just showing off now 😂

[@Dan-eu6fl]

What if a bunch of those deep staters leave on their own. Sounds wonderful. 😅

[@beverlytheartist425]

Great show!

[@MrJuanete12]

China is giving us the play here... Buy bonds to protect and benefit from the coming downturn...

[@gebsus]

Listen to Booth and you will remain poor

[@Ricky-z7b]

Slashing payrolls means slashing economic activity and putting the economy into a recession. Danielle is always so far off the mark. Interesting information about the economic projections prior to Covid.

[@beachhunting69]

Isn't a recession 'disinflationary' ? Especially on the highly inflated stock and real esate markets.

[@Resmith18SR]

These businesses and corporations never lose. When consumer growth slows they will lay off hundreds of thousands of Americans so their bottom line stays the same.

[@luap2551]

I wondered if Trump devalue the US dollar first and linked a long term bond to gold ..... then do the cuts with the economy rocking