Federal Reserve Chair Powell speaks at the NABE annual meeting on economic outlook - 9/30/2024

[@FusunTumsavas-cq7tp]

Honestly, this situation makes me uncomfortable, especially with the Fed cutting interest rates by 50 bps. It signals deeper economic concerns, and I’m uncertain about my $130K investment strategy considering the possibility of not just a recession but even a depression.

[@RossiPopa]

I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.

[@RusuSilva]

Absolutely, having a solid plan is crucial. My portfolio has doubled since early last year. My financial advisor and I are working towards a seven-figure goal, though it might take until Q4 2024.

[@RichardMoore-jg5tl]

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

[@RusuSilva]

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

[@RichardMoore-jg5tl]

Thanks for the info. I searched for her full name and found her website right away. I reviewed her credentials and did my research before reaching out to her.

[@Bencasparus]

Instead of blaming Chairman Powell or solely relying on economic trends, it's time we shift our mindset toward creating our own opportunities. The economy ebbs and flows, but investment-whether in stocks, real estate, or other ventures-offers a way to build long-term wealth and stability. We can’t afford to wait for perfect conditions. Seeking guidance from a financial advisor can be the game-changer that puts you ahead, even in uncertain times. Opportunities are everywhere, and those willing to invest in their future will be the ones who thrive. Let’s embrace financial literacy and self-driven growth as a way of life. It's time to take charge of our financial futures and not just be bystanders!

[@AustralisNick]

Absolutely! I couldn’t agree more. Blaming external factors like the economy or central banks limits our potential. The true key to financial independence is taking control of our own wealth through informed investments and sound financial strategies. By seeking out professional financial advice, we can learn to navigate market uncertainties and capitalize on opportunities that many might overlook. The power to create financial stability and growth lies within each of us. Let’s all embrace this proactive mindset and build a future that isn’t reliant on anyone else’s decisions but our own!

[@Aramintabarbours]

Interesting! I’ve tried my hand at investing before, but I haven’t had much luck. What are some of the possible investment opportunities you’d recommend in today’s market? I’m eager to find something more reliable and profitable, but I could use some guidance on where to start.

[@Tiquinhoqas]

Great question! One of the most exciting investment opportunities right now is trading, especially in markets like forex and cryptocurrencies. Take Bitcoin, for example. It’s been pulling back recently after reaching new highs, which means it’s entering a prime buying zone for traders looking to capitalize on future price increases. The key here is timing and having a solid strategy, which makes trading such a rewarding yet intricate space.

[@Hossam1803]

One of the most exciting investment opportunities right now is trading, particularly in markets like foreign exchange and other emerging digital assets. We’re seeing some pullbacks in certain key areas after reaching new highs, which means it’s becoming a prime buying zone for those looking to capitalize on future price movements. The key here is all about timing and having a solid strategy, which is what makes trading both challenging and rewarding.

[@Hossam1803]

For beginners or those who don’t have time to follow the markets daily, partnering with a professional advisor or manager can make all the difference. They can help you avoid common mistakes and ensure you’re making informed decisions, whether in traditional or emerging markets. It’s not just about luck; it’s about having the right strategy and guidance!

[@ElizabethKing-qu2ob]

As recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be - and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.

[@ErinWarner-zc9jy]

Not offering any particular advice, but I can assure you that most stocks still have growth potential. Re-distributing is not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.

[@annaj.osorio]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

[@ChrisThomas-m6q]

impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now

[@annaj.osorio]

Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.

[@ElizabethKing-qu2ob]

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

[@Powerz00]

What's the best strategy for investing during this period of volatility? Most of my portfolio is in cash, and I'm looking to invest about $180K in stocks.

[@SaintYvess]

You should better diversify your portfolio to defensive assets. If you don’t have good experience you should consult with an expert

[@FelineAirstrip]

Accurate asset allocation is crucial, I used hedging strategies to allocate part of my portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in ROI

[@WestonScally7614]

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

[@FelineAirstrip]

Yeah, she is Jennifer Leigh Hickman , look her up. Anyone is free to contact her.

[@Christine-wp2bw]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@ingridroyce]

Your un-employment numbers are not accurate. You did not include all the people that are still un-employed and exhausted their un-employment benefits.

[@skulltula6799]

Nor are their CPI numbers, they don't compare the same goods year to year, the fed is completely phony and should be shut down. Inflation is actually at 5+% and here we go starting to warm up the money printer already for a second tidal wave of inflation.

[@Me2EyeSay]

Correct, they unjustly use the U3 instead of the U6 figures. They misreport inflation as well which is why they were able to engineer a "path to 2%" inflation.

[@brittle1]

@@Me2EyeSay well U6 includes people employed part time who are looking for full time work

[@mingdianli7802]

The unemployment rate includes people who are looking for work, regardless of whether or not they are on unemployment

[@s.m.4198]

@@Me2EyeSayboth measures are PUBLICLY available

[@j.gilman93]

Has he taken responsibility for being the one to increase the money supply WHICH CAUSED THIS PROBLEM?

[@Me2EyeSay]

Correct, there has been a complete disregard for Keynesian economics and M2 as the reason for our devalued currency. MMT is the weapon of leftist economics because it completely disregards M2 and supports the growth of M2 to keep them re-elected.

[@stevebeard7667]

Inflation has eased for whom???

[@Me2EyeSay]

For the top 3% perhaps but not for the bottom 97%.

[@expendablejoe8251]

@@Me2EyeSay Exactly. I've come to believe that JP like the rest of our useless govt ass hats are just mocking us and saying this stuff to gaslight people into riots I guess, because there is ZERO reason to lie like this when people are hurting.

[@HodgeChris]

I was really hopeful of my investments this year, but all my plans have been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market. and the Federal Reserve taking a more hawkish approach to interest rates and bond purchase tapering. Any recommendations?

[@Justinmeyer1000]

Clearly the recommendation is switch all your savings to bitcoin. If you are stuck in a 401k or some regulated savings buy microstrategy, which is essentially a bitcoin purchase hidden as a stock.

[@KaurKhangura]

I retired with a 7 figure portfolio and still receiving about 30k in dividends. I only buy quality firms, anticipate to hold them regardless of what happens, pay up but not too much, keep track, sell only when necessary, and be ready to course correct. also ignore the forecasts and market views which are at best entertaining but completely useless. ever grateful to my F.A...

[@carssimplified2195]

Impressive can you share more info?

[@KaurKhangura]

‘’Aileen Gertrude Tippy’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@carssimplified2195]

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

[@s.m.4198]

I think people forget the prices have been going up for decades. What you would have paid when you were 20 years old is not what you pay when you’re forty years old. This is nothing new, and this is our new normal. Throughout history, major events like wars, pandemics, and energy crises have driven inflation to spike. These surges usually fall into one of three types: 1️⃣ Demand-pull - when demand outpaces supply. 2️⃣ Cost-push - when rising costs (like energy) push prices higher. 3️⃣ Monetary - when an increased money supply leads to price inflation. But outside of these events, prices tend to rise gradually over time due to economic growth and wage increases, typically managed by central bank policies. You’re just in that typical key moment in history. No politician is going to save you from this new reality.

[@clifftanch]

The Fed’s forecasting models leave a lot to be desired since about 2000. Clearly in 2019 the models failed to anticipate the inflation surge. That was a BIG FAIL.

[@brittle1]

powell haters know nothing about economy, its not his job to solve poverty. its his job to keep prices stable (2% inflation) and maximal employment. that's it

[@flying.philly]

And he has a phenomenal record of failure to show for it.

[@CriminalMindsQuotes]

And to print money

[@brittle1]

@@flying.philly pce inflation is at 2.6% down from 8%, unemployment is at 4.2%. I don't think he's failing at his job

[@davidorellana6278]

@@brittle1sure he is .. we went from transitory to massive revisions downward on employment but no one speaks on that 800,000 job revision but we are doing good ?

[@flying.philly]

@@brittle1 ask normal people working hard to keep up with their bills what they think of inflation. Powell certainly hasn’t. American families deserve better. Hopefully this will be a November to remember.

[@jonlanden1632]

Everything is fine…🐶🔥🔥🔥

[@peters972]

Seems like Yellen is tacitly executing monetary policy via treasury auctions, while the fiscal situation is dire, debt/gdp is > 125%. The Fed is typically the focus of attention regarding the economy, but I feel like we are merely distracted by the fed lately.

[@osliver5653]

Think slightly confused. Yellen is purely fiscal policy through treasury auctions. Also how are we distracted by the fed?

[@andrewcarpenter687]

Yellen is a man...the boy face is breaking thru...

[@peters972]

@@osliver5653 the slope of the yield curve can effect liquidity, think qt/qe. For debt/gdp to be that high, something must be distracting us!

[@mjot2360]

Supply bottlenecks have eased. Here comes the port strike!! 😂

[@joshuaburns3167]

All they watch is the stock market lol

[@tactileslut]

"Number go up." See Patrick Boyle or your favorite bookseller for more on that.

[@cherylradabaugh2720]

Baloney economy -isn't good,several businesses have gone belly up and lots of people losing their jobs .why don't you tell the truth isn't of lying .

[@osliver5653]

Are you living in China? As you can’t be talking about the US.

[@davidhumphrey1558]

If he just says the Fed is insolvent, Markets will crash in minutes.

[@expendablejoe8251]

It should crash, that is a naturral correction if there is NO MORE MONEY! but what he is doing is flat out fraud and extremely dangerous. because his lies keep people invested and at risk of losing everything and then becoming violent if they do! so stupid. this ass hat is going to get us all killed.

[@amid_invests]

06:49 20:58 15:59 25:33 30:47 39:20 41:26

[@Blakedechamp]

Can anyone here recommend a good Coach here for trading only?

[@Liquiditytrading-p1g]

Yes.... Talk with me 🤝

[@wolhaiksong2558]

No

[@wengweng-h4m]

Chair Powell sounds to make sense of data from Malkov chain that logs past and present.with clear cut logic

[@jcschwarb]

In sum: everything is FINE!

[@nickchkheidze9189]

and burning house meme

[@whatsup7184]

😂😂😂😂😂 Though me favor Powell, that the final touch line still sounds like phishing to me due to for the Donkey Party's future sake in their scheme. Just believe what I see/ observe

[@aleksander4711]

He has such nice voice. Could do asmr

[@calebunderhill2456]

Putz

[@james-wx6jh]

I was wondering why i didnt have a trade setup today. Is this guy on like every week every time he opens his mouth it makes it hard to trade.

[@emolutioning]

Yearly inflation 2% NOT = Prices Has Inflated 5% X 4years = 20% !!!? 💥💥💥

[@itsme123669]

2% is an annual target and it's currently near that. The last 4 years are irrelevant to that discussion.

[@itsme123669]

Also 5% annually over 4 years is not 20%.

[@skulltula6799]

@@itsme123669 it isnt though. If you calculate inflation how it was originally done in the 70s (comparing the same basket of goods, with the same brands etc...) we are between 5-8% inflation currently. Now they cherry pick what they include in the cpi basket of goods to manipulate the number down. We are nowhere near a solid 1-2% i flation rate and theyre now turning back on the money printer and qe.

[@Mbek7777]

Hi traders😅

[@stevelee9253]

Just shut up and announce it on the date. FED TALKS TOO MUCH. SHUT UP, jesus...These guys try to drive the economy with their LIPS. MARKET MANIPULATION!!

[@FreeSpeech4All]

Open-mouth Operations, Baby!!

[@mrcmid9132]

😂 if you are not making money in this economy, the way the markets are performing then you must be new or you are a bum!

[@racerx2580]

I'm a new bum.

[@timedj9164]

Ask them why 2% and watch them stutter and forget how to speak English..

[@kendalljohnson9172]

because that's the congressional mandate they're bound to follow

[@edwardj3070]

​@@kendalljohnson9172they said in 2020 they will allow higher inflation for long periods to protect the assets of the rich

[@FreeSpeech4All]

​@@kendalljohnson9172 Incorrect. Their mandate is stable prices... which means 0% inflation. They have gradually attempted to redefine "stable prices" to mean "rising prices in a stable manner" (2% inflation)... by initially claiming that 2% was a cap, then an average and now seemingly a floor. They are in total willful, open and blatant violation of their "stable prices" mandate and should be held accountable... basically for treason, with the appropriate punishment that goes with it.

[@Me2EyeSay]

Powell miraculously saved the day just in time for the November election. What were the chances he would admit he lost the battle ? Coincidence ? Are we looking at accurate data ?

[@itsme123669]

Yes, this is all very last minute and hasn't been something that's been worked on for years now... /s JPow was appointed by Trump and is a Republican btw

[@Me2EyeSay]

@@itsme123669 yes, appointed but he has no allegiance to Trump and knows he won't have a term if Trump wins again.

[@andrewcarpenter687]

What ritual will happen on the 111th anniversary of the FED....Jerry transitions to a woman...

[@RichardKing-sx6xc]

Papa J Pow... BRRRRR 🖨 💵 💵 💵 💵 💵

[@RafsanJani-b3e]

Gold buy now

[@skulltula6799]

When are they going to actually fix the way they calculate the CPI??? They need to go back to comparing the same goods year to year like they used to in the 70s. If you do so, inflation is actually between 5-8% inflation.... If anything they need to fight inflation harder not easing up on it.

[@calebunderhill2456]

Turn ir on jpow

[@MrBiggerdaddio]

0:08 no stranger to financial crisis so... we are in fact about to witness a crash the likes of which we have never seen

[@jeffreyrichardson]

cash flows as controlled printing press ink papers rolled barrel heads cash sold

[@karenzimaartist1712]

Wow! Lying and laughing. It's nice to see the sinking economy is so funny.😅😂😅

[@osliver5653]

How is it sinking? Last I checked, US’ GDP is on track to grow by 3% in 2024 - hardly sinking, don’t you agree?

[@skulltula6799]

​@@osliver5653 Inflation is nowhere near solved and is strangling the middle class. if you go by the original formula of calculating inflation from the 70s which took the same basket of goods with ideally the same exact brands and then compared their prices year to year then inflation is actually between 5-8%... and now they're warming the money printers and QE back up...

[@osliver5653]

@@skulltula6799 from core being 6% Y-o-Y to 2%, I think they’ve done a good job.. Cumulative inflation is a conundrum yes, but if the economy picks up and remains robust, as we’re seeing, should see wage growth, aiding families to cope with prices

[@osliver5653]

@@skulltula6799 Fed is not printing, only cutting rates, from an unprecedented high level.. there’s a difference

[@RafsanJani-b3e]

Makan dulu kek