Layoffs Will Surge, 'Only A Matter Of Time' Before Implosion | Danielle DiMartino Booth

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Danielle DiMartino Booth, CEO of QI Research, discusses the state of the labor market in the U.S., inflation, and the Fed's next likely move in response to current macroeconomic forces.
Danielle's last interview with me: • Aggressive Layoffs Com...
*This video was recorded on April 16, 2024
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0:00 - Intro
1:45 - Layoffs recap
9:50 - Recession and retail sales
12:40 - Credit card delinquencies
15:30 - Inflation and the Fed
28:00 - Market outlook
29:07 - Discretionary spending
30:10 - Asset allocation
32:00 - QI Research
#investing #economy #recession

[@TheDavidLinReport]

Are you concerned about job security? Do you think more layoffs will hit the economy later this quarter? Comment below and don't forget to subscribe! Sign up for an IRA with ITrust today using this link: itrust.capital/David FOLLOW DANIELLE DIMARTINO BOOTH: QI Research: dimartinobooth.substack.com/ Twitter (@DiMartinoBooth): twitter.com/DiMartinoBooth

[@armandoreyes2750]

Unemployment needs to hit 15%

[@RobWilliams007]

I am getting fraud alerts on all my cards, even when ordering a $15 lunch at work - someplace that I have used my card often and have no continuous balances.

[@wisdoma4860]

FEAR FEAR FEAR FEAR...LOL...MOST AMERICANS ARE EDUCATED ENOUGH AND THEY ARE CREATING THEIR OWN GIGS, OR WORKING FOR THEMSELVES. THEY CAN SELL ANYTHING ACROSS THE WORLD AT SPEED ..DONT NEED A BOSS....THE OLD WAYS MARKETS SCARE BUSINESSES TO FIRE EMPLOYESSS, OR MANIPULATE PEOPLE ARE OVER. INFORMATION AGE. CRYPTO IS ALSO KEY ...$$$

[@user-vd5lt9wv9t]

our unemployment which is a leading indicator, especially for recession that’s the major reason why it was designed has been pretty stable. Fed is going to sit tight. They have been into their tightening campaign for less than two years, and in my opinion, things are calling off the labor market is strong, and the US dollar on the global front is very strong. A real estate market is also strong. Commercial office is like a slow rolling recession that will slowly figure itself out because large banks have little exposure for the most part. I believe what Liz and Saunders describes that we have been in a recession in different sectors and because we have a bifurcated economy, the upper income earners are driving economy that is mostly services driven to continued growth… well other countries are trying to figure out the Dollar and how to stay away from it. They are stockpiling gold because they unloaded it during Covid and that has never worked. Historically US is a very good place. We just have a lot on our plate with two wars and coming out of a global pandemic. ❤

[@MeJonTheDon]

@david: can you show data on Americans buring their cars?

[@RickMckee-nq4ni]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@Andrian-ch3on]

With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

[@BarbaraRichstone]

With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

[@RickMckee-nq4ni]

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

[@BarbaraRichstone]

Kristin Amy Rose is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@RickMckee-nq4ni]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@Gamesso1slO0l]

Unemployment rate is meaningless as long as they continue to treat a part time job the same as a full time job.

[@dabda8510]

Smart ones parse the data and read between the lines, and now unemployment is much worse.

[@kevintewey1157]

You didn't mention reserved labor rate I was refused part-time work in my industry I'm not going to drive 30 Mi to work for $14 an hour

[@glockgopop]

And don't forget GDP including government spending. Smoke and mirrors

[@kevintewey1157]

The citizens are being screwed under free market capitalism in the USA 78% living paycheck to paycheck

[@DanielDang237]

Job is Job

[@muccisebastian9300]

you dont need to make calculations to see if we are in a recession, you just feel it

[@nerychristian]

True. All you have to do is go to the supermarket to know we are screwed. A small bag of chips, that normally would have cost 99 cents, now costs $3. A gallon of water used to cost 99 cents. Now it's closer to $2. A pound of ground beef used to cost $4. Now it costs $7. Corporations have gotten greedy. They just used covid as an excuse to raise prices on everything.

[@kevinr.9896]

$5 a gallon gas, auto repair labor is $150 -$200 per hour. Food prices INSANE.

[@user-jl8yy5ir7s]

Move! It's $3 range on gas, car mechanics are $102/hr and I do my own oil changes, wipers, air filter, air in tires, rotations; the food is about $100/week cooking basic meals at home. Beans, rice, potatoes, cheese, milk, coffee, eggs, pancakes, canned salmon, onions, hamburger meat, frozen chicken, canned fruit, canned or frozen veggies. No sugared foods, no processed, no prepackaged, no bottled water or sodas. No eating out, except an occasion. You do that and you live better. But nobody wants to be told nothing so you keep wasting money.

[@kevinr.9896]

You must live in west memphis. Not where I live…

[@911aircooled5]

$5? Awesome, wish I lived in the USA, that is CHEAP!!!! US$6.80 today.

[@LWRC]

​@@user-jl8yy5ir7s It would half that if we had President Trump in office instead of 50 year high for inflation!!! The morons we have in this country is unbelievable!!!!

[@user-xj3ck5oy2x]

@@user-jl8yy5ir7s😂 you must be single and not have a family????

[@barbaraallen7164]

We never got out of the last recession. We're going into a depression.

[@leagueofotters2774]

No, it is a super duper double depression.

[@adrianfranco1028]

I'm getting really tired of everyone telling me I'm crazy. Thank you Danielle!

[@realpropertymangement7640]

My extended family has told me they would prefer to be blissfully ignorant. 🤔

[@user-lb8bg6kj9m]

You're crazy.

[@Joedisney]

She must have some kind of agenda. She just doesn't have the facts correct and I don't understand how she keeps on getting on his shows.

[@robertfrey3880]

@@Joedisneywell Tesla is laying off +10% of the work force and you don’t think there’s not more coming then you don’t know economics or the governments rule in trying to keep the economy up so for there own agenda they are not going to be able to keep plugging the holes

[@kc8639]

@@Joedisneywhat facts are wrong?

[@centurione6489]

Everything I MUST buy has gone up 25-30% in three years. I ain't gonna starve anytime soon, yet, I had to tighten expenses.

[@bpb5541]

Good for you. I also cut my spending in half. That half I save... I just use to buy leveraged shorts on the NASDAQ and Russell 2k. Not recommended for most. If I am correct in 3 to 4 years from now... I will never have to worry about money again. I am willing to lose all that money for that possibility.

[@jarrettporst4799]

Victorville Ca is a smallish city in the High Desert of California. A Sprouts, mid-sized grocery store, just opened. 3 months before it opened, they held a hiring event. 12,000+ applicants, they hire 70.

[@kevintewey1157]

Chekov calls it Wicktorwill 😂

[@kevintewey1157]

Here's a house for sale for $140,000 nego . and lots of great jobs around here. I want one of those jobless people to trade one of their homes in Victorville with a retired person here

[@johnkessler9878]

We have a surplus of unskilled workers, like would apply at a grocery store, but a huge shortage in the trades and other skilled fields.

[@jarrettporst4799]

@@kevintewey1157 OMG,,, AAAAAHAHAHAHAHAHA! Thank you!!!! Need some of that during these times. Thanks so much!!!!!

[@kevintewey1157]

@@jarrettporst4799 Aye Captain!

[@mikesmevog7146]

They're clearly just patching the ship until a certain day in November.

[@paulbadics3500]

For most people who have suffered 30% cost increases with much lower wage increases often in several insecure part time jobs we have been in the worst recession in decades

[@rockangel917]

We have been in a recession a long time they just keep on moving the goal post!!!!!!

[@kevintewey1157]

Then why do they call it State propaganda ( when ) if China does it? Buy Yuan citizen

[@rockangel917]

@@kevintewey1157 u make no sense

[@user-vi2dk1qz5f]

Yes trying to control the data. You are correct

[@Anomize23]

They’re just conditioning us on whats normal and keep raising the bar like you said No it’s OK. It’s still normal it’s still normal it’s still normal.. eventually, the lies catch up and it’s hard to keep the story straight

[@nerychristian]

We've been in recession since 2008. We never recovered from that one. House prices almost tripled in most cities. And the prices never came back down.

[@wustachemax]

We're already IN a recession. Just that the government keeps changing the definition and the parameters for what constitutes a recession.

[@mikewhitmire7043]

The real problem is the fake information the government keeps feeding everyone. Ppl are made to think everything is just fine when in reality things are not.

[@Scotty_Bo0m]

I mean they dont even pretend anymore! They openly mock us ffs!

[@orangemoonglows2692]

they don't feed fake information. they are giving the same information every government/administration gives.

[@JA-zh5xi]

Wait until the auto industry starts laying off a massive percentage of their employees.

[@sofiaalonzo807]

True . So sad

[@JohnLee-]

Already

[@elliotthovanetz1945]

After UAW strong-arm, those jobs going to Mexico

[@wokeexposure]

EVs

[@maple913]

UAW shot themselves in the foot. Lower pay is better than no pay

[@vicwiseman6038]

Agree 100%! I was facing a career change a little over a year ago. I considered law enforcement and trucking but I am so glad I moved back to my home state and to my original job. There is a freight recession and I have friends who are barely getting one day of work per week. It’s either that or you work for free. They are selling their trucks and going to work for established companies many of whom aren’t hiring. It’s actually pretty bad out there in terms of good paying jobs. My job is very secure, praise God, and I love what I do. I just wish it was closer to home so I didn’t have to commute as far. That being said, I feel very blessed to have a job with which I can provide for my family.

[@razor282]

Just in my department, at my facility, 85 people are rumored to be laid off soon. UPS. Nationwide who knows how many???

[@Jcccc777]

Lots of layoffs in ups inland empire location

[@NickOloteo]

Gotta pay max rate delivery and semi drivers somehow

[@codyryan9088]

Virginia WARN notices: UPS Roanoke VA , Closure, 153 affected, 6/3/2024 impact date.

[@nerychristian]

School districts are also laying off people. Less people are having children. So lower enrollment means less money for schools

[@gussoldtimeradioshows4902]

Hilarious that food is not a consideration when calculating inflation. Bacon is $15 lb, bj's ice cream $7, cereal $6. These are 75% inflation numbers

[@darev6780]

Inflation is generally based off the Consumer Price Index .

[@Airbender-kl7cu]

My Bru said, Mass Lay-offs at Reno Tesla !! He never seen anything like that before. So many people on his shift laid-off, Tesla had to charter shuttles to take them home!! Itt was crazy. 2000 people got laid off at our factory alone!! He said

[@LarsLarsen77]

And Elon gets paid $50+ billion? LOL

[@user-jl8yy5ir7s]

Tell Tesla to make a $15k car or mini-truck that burns nat gas. We can't afford the electric fancy self-crashing cars they build now.

[@jcmjcm1945]

Know whats nastiest of all getting a call at q2:30 pm on your day off being told you were laid off meet them at the gate and they hand you your stuff from your locker and you hand them your ID. Or working that shift and them meeting you in your shift area escorting you to the gate and handing you a taxi certificate. Trust me many of our VERTERAN MILITARY they did this to that very day Talk about supporting military veterans you hired 11 months prior taking their stocks that would mature in 30 days and giving them 1 month pay and 30 days medical and leaving half of them you physically moved there family and household baggage and paid 2 weeks hotel for them when they first got there. Know whats Fked the most??? They got 10k for each military soldier who worked there more then 9 months!!!! The biggest POS alive...

[@nerychristian]

Tesla should build motorcycles or scooters.

[@ng3069]

Most people knew early on Tesla was going to be a disaster!

[@nicolea.7810]

Danielle killing it as always.

[@rubicon3416]

Really? When will she be right?

[@maple913]

i only watched because she was the guest

[@testyterminal-bi5kj]

Look back to her interviews 18+ months ago. Same talk of a current/imminent/hidden recession underway with various rationales. But, hey, a clock is right twice a day. I guess she gets paid by the interview?

[@maple913]

@@testyterminal-bi5kj she wasn't wrong, the government just keeps stepping in to kick the can down the road. The longer they kick the can down the road the bigger the collapse will be.

[@alexcipriani6003]

lol she is ridiculous

[@cryptobagz]

I live in Canada and I can see the writings on the wall. I'm on the road everyday and I've never seen so many new cars on the road waiting for their license plates. People cant afford new homes due to high interest rates, high home prices, and high cost of necessicities. So they splurge in meaningless stuff trying to fill that void. Truth is, we're witnessing a sinking Titanic, and its getting slowly deeper then a recession. We call this "controled demolution". All by design to give birth to the Bretton Woods 3.0 monetary system. Thats not a conspiracy anymore. Those rulers are trully evil and thats why God will wipe this world once and for all. God bless all of you and stay strong till the very end🙏🏼

[@TheNoticer83]

While buying a car is probably a bit much for "filling the void" the concept is definitely true. There are definitely multiple classes/categories of purchases, and a lot of people will splurge on the highest class they can reach. With homeownership looking impossible for many people they blow their money on the stuff that's within reach

[@taters2883]

OMG I thought it was just me. I live in the US and have been noticing so many vehicles with no license plates driving around, or people with expired paper ones. It's crazy, but those plates do cost a lot

[@nerychristian]

It's all the single people who have lost hope of ever getting married. These are very lonely people who have money, but don't know what to do with it. I should know. I'm one of them. The know I don't want to get into a $500,000 debt to buy an ugly house in California. So I just buy things that make me happy

[@monicalee9659]

You spoke my language and beliefs, we are in the end times.

[@cryptobagz]

@@monicalee9659 “Do not let your hearts be troubled. You believe in God; believe also in me. My Father’s house has many rooms; if that were not so, would I have told you that I am going there to prepare a place for you?And if I go and prepare a place for you, I will come back and take you to be with me that you also may be where I am." - John 14:1-3.

[@gnelsonmercer]

March retail sales strong? We must realize that in the month of March we had Spring Break, Easter and St. Patricks Day holidays all in the same month. Wait til we get the April sales slump.

[@andreaspence3943]

My company has undergone their 2nd rounds of layoffs, each morning listening to news radio constant reporting of layoffs - not just tech, post secondary, logistics, etc. The end of fiscal March 2023 - with new budgets being created in the next month, expect more cuts. Why do people think that because it didn't happen to them personally that it's not reality!

[@daniellee8720]

Congrats David for growing your channel. Comes from having quality and diverse guest plus good interviewing skills.

[@taffyalusa4642]

Yet restaurants are full, stores are full, cruises sailing at full capacity. Flights packed, houses selling high prices, i don't get where this money is coming from!?

[@tylerhurd9569]

The bank and credit

[@dimitriberozny3729]

@@tylerhurd9569Charge,baby,charge!!!

[@jessicagriffin5920]

Maybe this is all a lie they are pushing to scare us

[@momomama2510]

I lost my job this week. The job market is really ugly. The tech industry is taking a huge hit. Not only because the economy is slowing down but because of outsourcing. There will soon be no IT jobs in the US. I give it 5 years.

[@user-jl8yy5ir7s]

Construction, trucking, security, always has jobs although there is a lot of insourcing. I think our business leaders just want to replace us with the 3rd world! But there are jobs that nobody wants to do. Hard jobs, but IT is stressful so.

[@craigslistrro709]

@@user-jl8yy5ir7s People with blue collar jobs are busy as ever. I work 12 hr days and can work as much as I want, But Management and Nonessential personnel are sweating bullets.

[@DriveByReviews]

0? Not true, but you will have US employees over the international IT, so there will be less maybe. But this has already happened, so i'm not sure how much more of an impact it will have. For example, my company is now backtracking to hire more US since international has a hard time with business understanding. Also communication.

[@DrivingCr00ner]

Both companies I recently worked at only hired tech in the UK and India.

[@TonyMoze]

business development reps

[@soundbeats123]

Always a fan of listening to your factual and realistic point of view Danielle

[@daviddivad6109]

I don't know that I've ever heard anyone more eloquently and substantively explain and defend their position.

[@eugeneeugene3093]

I love how precise Danielle is

[@leagueofotters2774]

Precise enough to be vague.

[@jasonharris5442]

Danielle is my favorite of your guests! She sees all.

[@vectoreyes]

In my entire 30 year IT career, I've never been so anxious about the future of my employment. Now that I'm in my 50's, I truly fear being laid off because I know how difficult it will be for me to find another 6-figure IT job at my age. In my 20's and 30's I never really worried.

[@dhawk4186]

At least you had a chance 🤷 imagine being in your 20s

[@janosik150]

I work at a dealership this year they gave 2 dollars raise to every employee at the same time the raised what they charge per hour....how far did we go? Nowhere...actually they lost more customers..simply pathetic....also it is thanks to dealerships who marked up the prices on the cars, now people pay higher insurance costs because cars become more expensive and manufacturers keep making cars more complex filled with junk that nobody needs...

[@nerychristian]

I don't feel any sympathy for car dealers. They got greedy and took advantage of Covid to charge ridiculous mark ups. I hope they all go out of business

[@lnd3005]

DiMartino Booth is one of the ppl who have been calling a recession for over two years

[@dillonevans1004]

And will continue to make that call for another 2 years.

[@jdedad]

Danielle is the best I love the straight talk

[@leagueofotters2774]

But she is never right....

[@deanos1993]

I'm surprised by the comments. I think she is right.

[@pr1mu]

I hear Danielle in other analyst's voices all the time... she's clearly super influential! Also great to see her directly too.

[@kathyz4240]

I ordered a dishwasher. I tried to save money by choosing a super cheap one of $300. But delivery/installation/haul away added up close to $300. When did these fees go up this much 😱😱😱?! The replacement of a cheap dishwasher ended up costing me $$650😢

[@user-jl8yy5ir7s]

Sounds reasonable. $300 for 3 hrs work is about par. But used to be a husband or child would do it for a home-cooked meal. Nobody has a spouse, kids, or home-cooked meals anymore so you pay up.

[@adamsnelson4689]

Washing dishes by hand cost ZERO dollars .. so actually you spent $650 because of pure laziness. . Sorry I don't feel sorry for you

[@user-os3qm3nb2k]

You get what you pay for. Going cheap can cost more in the long run

[@timothygibney159]

Blackrock is buying up all the delivery and home services and construction companies in addition to houses. They are doing this so you will give up and sell so you can rent instead. Owning a home is engineered to be as expensive as possible. AC units now cost 20k due to them owning all the installation service companies

[@nerychristian]

Installing appliances has always been expensive. Better to just to pay a neighbor to do it for you

[@rolandbraun1197]

One of the best podcasts you produced David !! ❤🎉❤

[@armandoreyes2750]

If yall only knew how many trucking companies have gone under, failed or filed for bankruptcy. So many truckers are out of a job. Thousands.

[@Anomaly66666]

Really? AI?

[@tc106]

All the ones I see are giving bonuses to try and attract new applicants.

[@maple913]

The East Indians took your jobs

[@Likeaworm]

@@Anomaly66666not enough stuff to ship around the country dude lol. A lot of it has to do with fuel cost and regulations though too.

[@kevintewey1157]

Capitalism eating itself alive

[@bigbanknewyork3655]

All those thousands of tech layoffs don't come off severance til September 2024.

[@MsJenniferinNYC]

True so real-time data is obv. not accurate until months later

[@susanmercurio5098]

Tech layoffs continue. They are brutal and will change the Tech landscape for years to come.

[@EJ257IHI]

You are lucky if you get 3 months of severance unless you are some big shot VP. If you are a Contractor, they just dump you to the dogs.

[@babanachiket]

David you're on the ball man! Excellent questions to the host! Koodos to you and like always pleasure listening to Danielle

[@nosac1230]

It's been a while since I got to see a good interview with Danielle, and this was a really good one,

[@sjmom5119]

Hey David ! Keep up the awesome work Love Ya!

[@ronaldtrunk7944]

i would say we are in a mild recession. when the layoffs are happening en masse thats when its time to panic. the wars are certainly not helping at all

[@esotericcommonsense6366]

I admire Danielle so much

[@leslieread556]

As a ‘shopper’ and intuitive…I feel Danielle is *spot-on*…🌟

[@backrack01]

I like that FINALLY someone challenged all her predictions that haven't really come to fruition. You were very respectful about it. Her responses sounded more like what ifs and theory. She's talking in circles.

[@lucianedelaney-sp6ku]

I thought the same thing she was talking in circles

[@Coffeendonuts]

Exactly. The talking heads have been saying this for years. It’s just not true. Unfortunately

[@AllTheElements]

My mind is blown 🤯 - great discussion, interview, value info! Thanks

[@wisdoma4860]

FEAR FEAR FEAR FEAR...LOL...MOST AMERICANS ARE EDUCATED ENOUGH AND THEY ARE CREATING THEIR OWN GIGS, OR WORKING FOR THEMSELVES. THEY CAN SELL ANYTHING ACROSS THE WORLD AT SPEED ..DONT NEED A BOSS....THE OLD WAYS MARKETS SCARE BUSINESSES TO FIRE EMPLOYESSS, OR MANIPULATE PEOPLE ARE OVER. INFORMATION AGE. CRYPTO IS ALSO KEY ...$$$

[@joeysocks5718]

Danielle dropping truth bombs. I feel We are in a semi-depression and most have no idea what a 🍌 banana republic we are in

[@c7042]

Hey I like bananas! I buy 1 every time I go to Walmart to eat on the way home. 17 cents

[@tmo4330]

Semi-depression and there are not enough workers to fill jobs.

[@ravenassociateslawyers3807]

Love your channel David and your work ethic. Keep it up.

[@nationsnumber1chump]

she makes easy to understand. good interview. Interesting how construction is the last to fall this time. I think that's where in lies the problem. Previously when the Fed raised rates, it mainly affected construction jobs and led into manufacturing. Today with the shortage of homes, construction has not seen layoffs like we should have but other manufacturing industries have. Part of the reason the debt it so high is construction saw this coming and booked a ton of jobs 2 and 3 years out so they wouldn't be in the position of previous recessions.

[@kenhansen8186]

Love the presentation. Keep up the good work.

[@BornIn-uj6gk]

She’s so Italian American. Love it.

[@Dan.50]

The problem was tying insurance, healthcare and retirement to a "job." We knew this day was coming at least 50 years ago and it was just ignored.

[@kevintewey1157]

Housing everyone can afford guaranteed job and Healthcare no need for insurance and other countries have to lie about you so that their citizens don't get jealous look at China

[@brentirwin1386]

Spot on great interview thanks!

[@RaiderRia]

Thank you Danielle. Very informative.

[@breadbowlpasta]

Thank you David

[@goutam0007]

I totally agree with Danielle.

[@noraparsons6463]

Great interview! Great information!

[@PFlow007]

Awesome livestream thought David was unbelievable today... You were very thorough brother...

[@PFlow007]

She's totally right on the layoffs.... The one factor everyone's missing is industrial construction manufacturing is coming back to the United States and it's been paid for mainly by other companies not the chip's at that's a bunch of nonsense.... Hyundai for example is putting 2 electric car plants in the state of Georgia... Most of the Asian countries are moving to the United States because their demographics don't support being able to continue to run a manufacturing base Japan South Korea etc

[@nerychristian]

True. The USA is Japans biggest customer. So it makes sense to build here and avoid shipping costs.

[@letsgobrandon911]

There was a mass layoff in my workplace today, 10% of the company let go. This was the 2nd layoff of the year.

[@dimitriberozny3729]

3rd layoff ends up in Chapter 7 bankruptcy,so everyone gets fucked over! Pure facts,my friend!

[@biff2105]

Good job Danielle!

[@jamesoldja9757]

Danielle 💯 she speaks the reality of the situation

[@troyreuter8110]

How bad will it get ?? I work in the Hospitality industry in management in New Orleans. I fear this wil eventually kill tourism? Any thoughts??

[@jimclark5037]

DDB, great guest!

[@mikexdee3195]

Lots of lumber mills in Pacific NW are shutdown lots of layoffs happening… lumber futures is going downhill I work in sales and I got laid off 😢

[@goutam0007]

I liked this podcast. Bring this type of honest people.

[@1967MGC]

Drinking beer and munching on popcorn here.

[@michaelrusso8072]

Hahaha

[@stargazer5073]

A Florida tech company laid off 2, 000 people In one day in April 2024.

[@sirwm3107]

Dani you continue to get more lovely every time you bring us more knowledge…

[@Scotty_Bo0m]

Dafuq? Weird thirsty boomer...

[@davisutton1]

I knew this would be worth the time. I was not disappointed.

[@HipHopCantSaveMe]

Great video!

[@terifong9816]

We need tons of government officials have knowledge like Danielle to run the country

[@MR_Robbers]

Looking forward to the commentary.

[@cathypaz3555]

Danielle never disappoints.

[@robertwalker5521]

The TRUE recession began 14 months ago.

[@pirate9154]

Engineered Inflation has papered over real unemployment numbers. You'll have a job....you just won't make any money and everything you need to buy will cost much more. We are in a Recession already. A bad one!

[@susanacuratolo1200]

on POINT!

[@JACk-hv7yf]

Outstanding ^10 Guest!! 👏 Smart and the Neighbor Next Door grounded person

[@cabragooncabulous4082]

Danielle talking recession, is like music to my eyes. 😉

[@P__114]

She’s been talking about recession for years. Consistently wrong.

[@cabragooncabulous4082]

@@P__114 If listening to her is wrong? I dont wanna be right! 😂

[@user-xj3ck5oy2x]

@@P__114yeah only bc the idiots in office changed the meaning of recession!

[@frankyhonnolus5528]

I like that Danielle is putting her neck out there with claims backed up by data.

[@wisdoma4860]

FEAR FEAR FEAR FEAR...LOL...MOST AMERICANS ARE EDUCATED ENOUGH AND THEY ARE CREATING THEIR OWN GIGS, OR WORKING FOR THEMSELVES. THEY CAN SELL ANYTHING ACROSS THE WORLD AT SPEED ..DONT NEED A BOSS....THE OLD WAYS MARKETS SCARE BUSINESSES TO FIRE EMPLOYESSS, OR MANIPULATE PEOPLE ARE OVER. INFORMATION AGE. CRYPTO IS ALSO KEY .. .$$$

[@steve5976]

Were u born yesterday ? She’s an insider claiming to be independent . Hardly “putting herself out there “

[@frankyhonnolus5528]

@@steve5976 No. But I think you were. She used to be neutral, hardly ever made any forecast, this could happen but that could happen too kind of analyst. Have a good one, n00b

[@SomeUserNameBlahBlah]

How is she "putting her neck out there"? People act like she's a whistleblower with inside info which will disrupt the system and bring down the corrupt elites. She's non of those things. I don't want to hear from anyone who doesn't have their life savings in the stock market. I want to hear from people who can lose everything if they are wrong. No skin in the game = talking head.

[@frankyhonnolus5528]

@@SomeUserNameBlahBlah Any time someone well known says this and that will happen in a few months risking their credibility is putting their neck out there. Look at Harry Dent. He’s done.

[@ethosguy3593]

Full-time jobs are down and they've forced us to hire more part-time employees on put them on payroll

[@dw6064]

How long can we go down for? 6 months, 9 months, 18 months? Thanks for letting us know it's going down the past 4 years.

[@Fapsahoyx]

Fear porn my dude

[@JonnyBeoulve]

Bad economic times can last a while. 70s inflation lasted 8+ years. We didn't recover from Dot Com for several years. Cut your expenses, save, find meaning in life, network, and hold on for dear life.

[@s1n7x]

Danielle is an absolute gem. FED cuts in June, then all hell breaks loose.

[@vic302013]

Anyone that says that they don't know what Danielle is talking about, I would have to disagree with them. Mainly, because I've been hearing about a bunch of layoffs since late 2022

[@kk-xj5oz]

You will see mass layoff in privat sector. But we will also see increase public sector position.

[@a.s.vanhoose1545]

She’s really great

[@rutherfordhilium2517]

In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.

[@frankhodges7637]

Thanks for the advice! I'm new to financial planning and wasn't sure where to start.Any tips on finding a reliable financial adviser or resource to guide beginners?

[@Jayollison722]

I agree, based on personal experience working with an investment advisor, I currently have $650k in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent,and have strong hands to back it up.

[@carolinafrancisco7662]

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?.

[@teresamartim6173]

I'd recommend Marie Ann Treloar as the ideal finacial adviser to use...

[@carolinafrancisco7662]

I appreciate it. After searching her name online and viewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@antman7628]

Spontaneous listen to this lady.

[@jacknaneek1681]

Often wrong but never uncertain.

[@kangamagic1206]

jajajaja

[@bpb5541]

Bears make money and Bulls make money. Pigs gets slaughtered. Follow the charts, trade the charts and use risk and money management. Macro is too laggy ... but it always wins out... always. So when it does play out most folks have already lost 25%. Real trick is to not let your personal biases get in the way of you making money. Which is why set ups (entry points) take profits and protective stops matters so much. 95% of the people in the market have no idea what I just said. Should we crash... I feel very bad for them. They will hope and hold all the way down. When there is money to made both down and up.

[@Etharel]

EXACTLY. She was wrong about the corporate stimulus and dropped that arguement covertly. She is literally talking people are waiting for stimulus checks again....she is clueless.

[@RandomYTCommenter]

Love DDB! One of the smartest and most insightful people in the financial space!

[@God7OD]

Thank God the president said everything is fine

[@Fapsahoyx]

Come on man! Corn pop was a bad dude...

[@ritzenhauf]

shadowstats indicate broader underutilization unemployment at about 14%, but declining

[@glockgopop]

Cost- push is happening imo. Rates being high can reduce actual supply. Expense cutting in the form of employing less people can/ will reduce the amount of goods produced. If you don't crush demand more than you restrict supply prices go up and stay up. The Fed has been significantly reducing money supply yet inflation is raging on so this short to intermediate inflation seems pretty clearly a cost-push issue. Keith Weiner was right about this

[@Andre1CustomShoes]

You did it Joe 👏

[@janetg.1477]

Bidenomics

[@user-os3qm3nb2k]

Fjb

[@rsvp6]

The layoffs haven’t come yet. Tell that to the people who are laid off.

[@kevintewey1157]

10% of Reno's Tesla Force one of them is probably renting an RV space for 1800.00

[@andradeb2695]

It's the feds providing misinformation

[@waldensmith4796]

Great show very informative on lay offs the retail Industry Credit Card delinquency , online shopping, inflation, unemployment ,recession.etc, This is a very educational show with a wealth of knowledge. Question will Banks be affected similar to 2008 2009 etc. As i recall.Keep up the good work. 😢

[@biboydoce8924]

Seniors and near seniors will be the hardest to be hit by these recession. They are too old to apply. They can easily be replaced and the first to be fired or layed off.

[@copaseticguerra9646]

This speaker is amazing with the economics and being so personable

[@veroperez8391]

She’s awesome