"The Economy is in Good Shape"... REALLY?

[@Spaniard47]

I'm one of those young men in that statistic. Truthfully, I do not have faith that I will live a genuine and meaningful life with most "traditional" jobs. But my solution is not to writhe away under unemployment. I am pursuing the things I do find meaningful, and learning everything I can to be useful and independent. I'm starting my own business centered around what I'm actually good at and enjoy doing. It's not the most glamorous way to live, nor is it easy, but I wouldn't have it any other way.

[@accountfake1070]

Of course they ignore the real reason men are refusing to participate in the labour market. The family unit has been dismantled due to the divorce industry which includes government fleecing the family and enslavement of divorced men for no other reason then, she isn't happy. Expectations of what they are demanded to supply a wife with has increases 5 fold with a 5 fold reduction in the quality and quantity of reciprocation. In fact, there is zero reciprocation because - she is the prize- a princess - is not expected to do anything for anyone. That is before mentioning the cost of housing has stopped family formation. Old Sci Fi movie - War Games - The only winning move is not to play.

[@haldriver1378]

Thanks Ben. I always listen when professor Hanke or DDB are speaking whether they agree or not. I also like Ted Oakley, Lacy Hunt and several others. Regarding this 50bps cut, I'm more in agreement with Michael Pento than anyone else. He asserts that they made this cut primarily because the spend crazy government can't afford higher rates. I think he nailed it. I could be wrong; we all just make our best guesses.

[@Reppondinvestments]

I agree on all your comments Hal.

[@erickhartman6136]

I always do look forward to your videos you post...... in the early morning.

[@Reppondinvestments]

Thank you Erick.

[@TheBivona]

Back to the Cabin … love it

[@Reppondinvestments]

Thanks

[@caseyrindal1815]

Thanks

[@keithmahorney129]

Comparing Powell to Volcker is crazy imo. I remember the Volcker days and can say, he was a tough guy. Much like Churchill. Powell thinks he can engineer a soft landing, while keeping inflation low. I just do not see this scenario working out in that way. If it were not for government spending, I doubt we would have any GDP at all. We have too much government debt and cutting rates is a way to address the interest the government has to pay. We should not have had a rate cut at all. We need a recession, which would deflate the bubble we are seeing in the housing market and the stock market. So once again, the fed does what it always does, provide a bigger punch bowel.

[@ivantsanov3650]

Jarome the all Powerful can do NO wrong.

[@helenkessler6012]

Good morning Ben. Howdy from east central tx

[@Reppondinvestments]

Thanks for your comment Helen.

[@doktorpt]

Thanks for a nice video. I also agree that Powel seemed a litlle bit contraditory saying that the economy is OK and at the same time giving the market a big 50 points cut. Maybe he is afraid of something? Labour market worsening fast? What is your probability of a recession during the next year? Best regards from Portugal !

[@Reppondinvestments]

Thanks for watching from across the pond.

[@Reutzel507]

No one “predicts” a rare cut. You can look at the probability in the rates market. So they went with that.

[@perfectscotty]

Job losses are accelerating which is deflationary and that’s good. The fed. Could have waited longer to cut rates.

[@tapptom]

It’s all a game and lies!!!!!

[@ballaratevil6048]

Hi from Australia are you meant to comment here.

[@Reppondinvestments]

Greetings mate

[@zomgoose]

I was surprised by Danielle's reaction to the 50 point cut. Powell capitulated and it was a huge mistake to cut. Stagflation is going to linger.

[@Reppondinvestments]

I was also surprised.

[@seymourrivers6169]

M2 money supply increased since July

[@davidbrown4868]

Thank you for your post, but I am not sure what its point was.

[@jaym9846]

Powell felt bad that Corporations couldn't keep workers because they need to give priority to their stock buy back programs.

[@thetruthandnobs]

"predicted a 40 basis pts rate cut" well hey, MANY people GUESSED it. Of course.....you and I Couldn't know! Everyone guesses. He (along with MANY others) GUESSED RIGHT. No big deal

[@rahsillyyoo]

The state of the U.S. economy is strong despite inflation remaining elevated. The economy is expanding at a crisp pace, the labor market is loosening slightly and inflation is slowing from its peak.

[@GoodwalkSpoiled]

Don't forget the number of women in the work force has increased tremendously since the mid 1950's. That is a contributing factor to the decline in men working.

[@internetpointsbank]

Give everyone a trillion dollars and we will all be rich.

[@michaelb4546]

Talking out both sides of his mouth. Economy is great we are happy. Economy is weak we are lowering rates.