Small anecdote. I live in a luxury apartment building. 2 bedrooms have been strong for the last 2 years at $4,000 to $4,300 per month. Just today, they cut two bedroom apartment prices to $3,400. MAJOR rental deflation here.
@hansschotterradler37727 ай бұрын
my rent went up 12% last month (Silver Spring, MD).
@kaoticfox7 ай бұрын
@@hansschotterradler3772these things can be hyper local, sometimes even building dependent. I’d highly recommend you shop other areas because rent is capitulating. Fortunately I’m a realtor where you live. I live in Arlington VA.
@mollasima32517 ай бұрын
Here is Phoenix AZ it's still sky high
@hansschotterradler37727 ай бұрын
@@kaoticfox Of course we looked around before we renewed our lease. But we're still under $2k/mo for a 1BR across the street from a metro station. Not sure if you can find that is NOVA.
@carlosgamez62307 ай бұрын
In North Carolina our rents are still skyrocketing, no one is building houses to buy just to rent out while no one is building affordable housing. I feel like inflation falling is a distraction from the reality of what pricing while he for now on
@williamjarvis67757 ай бұрын
Inflation is out of control, ask anyone who has went grocery shopping lately. Prices must come down, deflation is needed!
@PCUTAH57 ай бұрын
I 💯 agree!! Groceries are skyrocketing
@jeebusk7 ай бұрын
I wish they quit messing with the markets so drastically.
@texdevildog91747 ай бұрын
Consider the FED works for the ones that own it.: banks, mainly big banks. There are so many smaller banks in distress right now. By prolonging rate cuts, they could push them over the edge. This is where the big banks ride is like white knights to save the day and buy up the failing small banks on the cheap, especially their underwater assets (unrealized losses) for less than par value. Then the FED lowers rates and ta-da, the big banks have big gains from the cheap assets they just bought up. FED allowed "Bank of United States" in the Bronx to fail in 1930, instead of providing liquidity. This led to more bank failures causing the depression to get worse.
@joycekoch57467 ай бұрын
It is no longer about interest rates. Everyone knows they fall in the second half of the year. What matters now is earnings.
@Levi62297 ай бұрын
I own a small tea bar and business has been really hard for the last year. Plus my mortgage has jumped by like 40% because I have an adjustable SBA loan. It really hope they lower rates soon because it has really taken a toll on my finances.
@ClickToPreview7 ай бұрын
I'd rather rip off the bandaid and get prices back to pre-pandemic levels plus three years of 2% inflation. That would still give us lower prices on common goods and services than we are seeing now. As long as hourly wages and salaries didn't shrink along with prices, most of us would also have a little extra wealth to go with it. Sounds good to me.
@Beholderoffate7 ай бұрын
I actually think rates need to stay higher.
@bradhaines31427 ай бұрын
interest? yes. if anything they should bump them up a touch more to force some deflation so prices come a little closer to sanity
@cashbrewery7 ай бұрын
Interviewed a migrant for a job earlier. They got a $2000 gift card when they crossed the border, a SSN card and drivers licence all within 2 months. They can vote now.
@edgarjuarez69077 ай бұрын
They get a work permit and Ssn to pay taxes. You can only vote as a citizen.
@richardwhaley74977 ай бұрын
Happy belated Birthday Kevin 🎁🎂🔆
@Beholderoffate7 ай бұрын
If inflation is going down, why is everything prices still up?
@BangerGoggles7 ай бұрын
Because inflation is a constant. It’s simply at what rate prices will continue to rise. 2% inflation is still 2%. As opposed to the upper 9% The past year or so. Nothing will get cheaper unless we suffer from DEflation and if that starts to happen, well buddy you’ve got bigger problems than the price of a load of bread.
@grahamstefaan7 ай бұрын
Brandon's goons are lying to you.
@Riddle-Me-This-Puzzles7 ай бұрын
OH MY GOD😖🤯💩
@ThirdGenGamer7 ай бұрын
Because there is always inflation. It is extremely misleading when people say inflation is falling. The rate in which inflation goes up slowed down, but it is still going up. It has always been like that and we didn’t feel it a whole lot when it was much lower. So when they want inflation to go to 2% the costs will still be 2% higher after the 9% we had last year.
@SmartestDumbGuy7 ай бұрын
Not sure what your looking at... I've been seeing deflation on almost everything from 2 years ago.
@IamMonikaDLC7 ай бұрын
It's already too late then, that's a 40% miss *A month ago* That's entirely too massive Cathy is right but you can be right too it could be a quick rebound to avoid a long term Recession for sure Not gonna be 2020 rebound quick this time though, expect a good half year of pain (not that most haven't felt it already!)
@No.1Phil7 ай бұрын
Is it not a little misleading to state that rates are the only thing that affect how tight monetary conditions are.
@denaco7 ай бұрын
of course but this guy and all the other gurus dont know much of the markets. i remember this guy years ago recommending stocks that are now in the gutter and never coming back. some guy did a video of him and showed his beginnings in property and saying on camera 'i only invest in houses as i know nothing about stocks', then a year later he's acting like an expert giving advice on what companies to buy into. dont listen to these guys, they just want to feather their own nest and shove affiliate links down your throat.
@mikewood86957 ай бұрын
just a bit!!!! hahahaah - like the Chinese not pouring trillions of yuan into their economy, won't also have an effect
@kevinnguyen93047 ай бұрын
Fed cuts rate when things not going well. But markets at all time highs now so that means things are good right?! So there will be no rate cuts unless market plunge. Or are we paying overpriced stocks now. Since things heading south?! Take your picks. Either way market needs to plunge
@damiangrouse45647 ай бұрын
Nice picture with Cathy Wood…did she tell you when I’m getting back the average 45% I’ve lost on all the etfs I bought?
@SuperCatbert7 ай бұрын
the FED and AI and TESLA and crypto and consumer spending and printy printy and buying loads of houses on debt, and did i mention spendy spendy and government jobs galore, and everything will be grand....
@AlanLim2287 ай бұрын
Happy Belated Birthday Kevin!
@drkhancock147 ай бұрын
There's been a bunch of hawkish data this month so I don't see why the fed would want to release pressure on the markets yet by giving them any hint that rate cuts are coming until the data cools some more.
@mikewood86957 ай бұрын
there's a 12 to 24 month lag effect anyway Kevin, so this is why the FED always gets it wrong - it's already too late - the restriction from two years ago is only just ramping up now through the pipeline of the economy - so no matter how much they cut, it's already too late - we're in for a recession - a deep one, no matter what - that's what the yield curve and its un-inversion relates to and that's why the markets tank when the curve uninverts and it also tanks when the FED does start to cut rates - even though the lamestream media are telling us that when the FED cuts the markets will go to the moon - never happened before - always the opposite happens!!!
@ElisaOKeefeSmith7 ай бұрын
How hard is it to come in at 2% inflation following a year of maximum inflation. There should actually have been deflation after record inflation, but of course the entire system needs continued debt so it must go up always.
@ryann83487 ай бұрын
Inflation is dangerous because it can become self-perpetuating. When inflation is rising, everyone starts raising prices to get ahead of it
@sebastiang71837 ай бұрын
There is nobody better at losing your money than Cathy Wood and the ARK fund.
@renegadeace17357 ай бұрын
yep, lost 5k on ARKK. Would've lost a lot more if I didn't bail when I did.
@imwrongbutlisten7 ай бұрын
Is it just me, or is she hot?
@enthused75917 ай бұрын
Massive deflation, massive unemployment, massive popping of what is mathematically the largest asset bubble in world history (particularly in Florida and areas of TX). It will be worse than 2008-2010 in every measurable way because ALL the math is worse than pre-2008. MUCH worse. Don't forget, ARM's and subprime loans in 2005-2007 caused artificial demand and sheer unaffordability (a bubble) relative to the median income at the time, the crash was caused by the greater market realizing all at once that homes were unsustainably unaffordable and the bottom 85% stopped spending money because their bills were too high. That's just about exactly 50% worse today. This will make 2008 look pretty mild by comparison. We have the 2010-2020 organic economic cycle peak and then the 2020-2023 massive stimulus bubble stacked on top of each other. Completely unprecedented and worse than anything this country has ever seen from an economic standpoint.
@ProDigit807 ай бұрын
Not my HOA . They charge $500+/no for internet and lawn, up from $333 during COVID, up from $270 before COVID with pool, up from $170 since 2018. We pay more, and get less.
@markuswilliams29447 ай бұрын
Markus with a k checking in
@dnagrin7 ай бұрын
Happy Birthday Kevin😊. Welcome to Florida🎉
@Joshologic7 ай бұрын
HAPPY BIRTHDAY KEV!
@jv11567 ай бұрын
Thanks from Canada !
@ttmilk66337 ай бұрын
I had like an 8 hour birthday this year. Flew to Greece from the East Coast
@cybergigafactory7 ай бұрын
Happy birthday from Germany! Great to see you again!
@denaco7 ай бұрын
simp
@pietrovalsecchi16807 ай бұрын
Kevin, when do you see the Fed starting to cut and by how much? Great eye-opening video by the way!
@permaflopper7 ай бұрын
This amazing explanation makes me think of Chernobyl. “More heat means more steam, more steam means more heat, and the chain reaction accelerates”
@TheRealMartin7 ай бұрын
Just fly from New Zealand to the US (Hawaii or CA) and you can have like a 43 hr birthday.
@randomguy12217 ай бұрын
I’m already cutting prices on our products to clear inventory
@trishapierce26727 ай бұрын
Happy Belated Birthday Kevin!!!
@michaelzor2217 ай бұрын
Just try to Imagine the US government dealing with deflation while deficit is nearing 6% of GDP + expanding defence and entitlements and you got your answer right there.
@markuswilliams29447 ай бұрын
Pembroke pines showing love
@bretthasnocap7 ай бұрын
Happy belated birthday Kevin!
@zerohecks48647 ай бұрын
Unemployment is already going to fly high. It's too late. Time to pucker up everyone.
@RealEltonChang7 ай бұрын
Hopium🎉 Fed front runners. Front run inflation Front run rate hikes Front run recession 🎉🎉🎉🎉🎉🎉🎉
@Purgatoryhomestead477 ай бұрын
The entire world is on fire the rest of the world has had it with us
@russtyruss_i-Invest7 ай бұрын
It's been clear for over 3 months, they need to cut before things get out of hand, not when or after!!! Wake up JPow. Slowly, gradually, reassessing monthly, steadily to avoid issues.
@danmurad80807 ай бұрын
Bears have been saying Jpow won't stick the landing for years. 😂
@danmurad80807 ай бұрын
Watch Jpow pull a volker and cut too early 😂😂😂
@drewbittle38887 ай бұрын
They won't, for fear of inflation returning...which would be worse
@FacePlant13247 ай бұрын
Happy birthday Kevin
@TiagoRamosVideos7 ай бұрын
🙏
@amynguy7 ай бұрын
hey kevin, am I going to get a job with one of these tech companies, earn over 300k, and stream reddit all day with the rate cuts?
@nationsnumber1chump7 ай бұрын
he went south quickly on Cathie 😄
@georgeorwell72917 ай бұрын
Happy B-Day Kevin, Alles gute zum Geburtstag 😉
@michaelmourek38797 ай бұрын
Government needs to go into digital currency - and screw all the illegal money outside the USA
@Nanster-gv8nf7 ай бұрын
Didn't we forecast this because it's an election year and Biden NEEDS this?
@JA-zh5xi7 ай бұрын
The Fed should never cut rates below 5% for any reason and most of the time they should be closer to 10%.
@stevew39477 ай бұрын
To crush the economy into oblivion right?
@Riddle-Me-This-Puzzles7 ай бұрын
smoke crack much?
@smitty97337 ай бұрын
Good luck with that when our debt service is already 1 trillion a year at these rates
@genxtechguy7 ай бұрын
Sure … as long as at the moment I close on a home it’s at 4.5% then they can ratchet it back up to make you feel better.
@mikesull86037 ай бұрын
Layoffs have definitely started piling up. The gaming industry has already over 5k jobs lost, which half of their job losses from last year. We only in Jan people.
@RobbyBobbyMedia7 ай бұрын
Happy belated birthday @meetkevin! So cool you got to have lunch with Cathie!
@floridarealestatetv7 ай бұрын
Hey Kevin!
@annoravetz59087 ай бұрын
Bonus Birthday 🎂🥳 Happy 27 hr Birthday!!!
@anniealexander96167 ай бұрын
They need to cut rates. They are strangling businesses.
@texdevildog91747 ай бұрын
Yes, you are correct about business. US economy is like a crack addict, needing more and more to get that high. The interest rates are at historic normal level and business cannot survive without cheap money.
@carguy22567 ай бұрын
lol right, if these rates cause a business to fail that business wasn’t any good to begin with. Let’s just pump the stock market to infinity with stimulus and low rates
@DocOrtmeyer7 ай бұрын
Bruh Lauren giving Kevin his gift on a private jet man 😭😭😭 we so phoor compared to him 😂
@harambe46567 ай бұрын
happy birthday kevin 🥳💪
@MrOG3Drew7 ай бұрын
Soooooooooooooo rate cut in March.....
@lenahedger7 ай бұрын
lol boss vibes when you can increase your own birthday! Lol
@ms81727 ай бұрын
kevin, so when the FED is dovish lets say this week. The market Rally's even more??
@thegreenxeno94307 ай бұрын
Already priced in. 🎉
@greevous23137 ай бұрын
What are the chances we see the Fed react faster than usual and actually start cutting now (when they should have been already)
@prednosttrake7 ай бұрын
Can you say, priced in?
@tiffany17727 ай бұрын
Happy Birthday!!!🎂
@vdanger76697 ай бұрын
Cathie Woods? What was P.T. Barnum or Sam Bankman-Fried not available?
@rachellandes0087 ай бұрын
Great.
@galandoftruth67307 ай бұрын
Early rate cut lol in one week we will see, I don't know lol
@mrwoodandmrtin7 ай бұрын
Could you wait till the end of your birthday then take a plane around the world following the sunset and have a 2-day long birthday? This reminds me of a rough measure and a fine measure, and all the potentials of distorting the truth by mixing the two.
@almacforshizzle53437 ай бұрын
Get crypto in this next last dip mmkay
@dieseldavebrown7 ай бұрын
if the fed cuts rates too soon, inflation and the stock market will take off. As the high interest rates caused the recession, dropping the rates will fix the recession, so the fed will not lower rates until growth decreases and unemployment increases which will only happen if there is a mild recession.
@MrSlm19827 ай бұрын
Happy birthday!
@mannyabarca83017 ай бұрын
Happy Birthday 🎉
@CaptnBeeBop7 ай бұрын
That Tesla stock though 😢
@yiannidee7 ай бұрын
best video in a while
@HungLikeAPeanut7 ай бұрын
Happy Birthday
@thegreenxeno94307 ай бұрын
Is today the day of the black swan?
@bradhaines31427 ай бұрын
'likely to cause unemployment recession' um who told you there isnt one already? sure seems like theres one now
@sagig727 ай бұрын
happy birthday man.
@sooniekchoi83987 ай бұрын
Happy belated birthday! I would LOVE to have 27 hours birthday ~ One day may be~
@ren10187 ай бұрын
I bet if they cut rates, stocks remain flat.
@lecherhao867 ай бұрын
If they cut interest rate, it means recession is here. And the stock will tank in the coming months
@anniealexander96167 ай бұрын
Happy Birthday 🎈🎂🎁🎉
@croelflaw7 ай бұрын
Kevin you're my twin 😂😂 happy belated birthday 🎉
@michaelmourek38797 ай бұрын
Government needs to hire more ROBOTS
@backergm7 ай бұрын
Happy belated birthday 🎂 🎂
@johnM-Jr7 ай бұрын
DWAC to the Moon. pulled back and waiting for good news... buy now, sell later.
@AstroSquid7 ай бұрын
Finance people are addicted to lower rates, period. All excuses and explanations will lead to lower interest rates, without fail. It's like a crack addict who's in rehab making spread sheets and graphs to explain why crack should be available for them to buy. Maybe interest rates should be 2% above inflation, as a way to let people make money from savings.. Remember those days.
@glennwojcik23427 ай бұрын
More hopeful thinking? We read and watch what we believe.
@cohenkevinloriqueen8187 ай бұрын
Just in time to boost the stock market and economy so that sleepy Joe FJB can have a better chance of re- election 😢😢
@user-sm6vf9hw4p7 ай бұрын
What about evergrand and the Chinese market? And the down fall of teather and Bitcoin soon...
@misternobody98017 ай бұрын
China collapse is already priced in. Cryto should be zero but there’s still suckers out there.
@nealbrown55247 ай бұрын
Right now the DEX has a huge glitch If you are swapping you are getting like x 7 I did a vldeo
@nealbrown55247 ай бұрын
By bit glIitched , swap x 4. Made vld to show it. 😮
@brianp10307 ай бұрын
Fed's responsibility is to stabilize our currency, not deflate it to 2019 levels...I'm confused by your suggestion of that being a bad thing. Also pointing to the fed's projections is kinda pointless....everyone knows projections are just their estimates and are notoriously inaccurate....they make decisions on the actual data as it comes in....not projections. Long story short I have more faith in Jerome Powell's decision making on the economy than I do yours. Lot's of critics out there of the fed mostly because their agenda is quite different than wall street's...let's hope it stays that way.
@agente07127 ай бұрын
Let's go! 🎉
@deborahyeager41097 ай бұрын
Happy belated birthday
@michaelmourek38797 ай бұрын
Funny - Lucid stock up 18% today - buy the dip. Saudi Arabian EV cars, come to America
@grahamstefaan7 ай бұрын
Need 30Y fixed 5.0-5.5% to jump start housing and refis.
@MostlyPeacfulRiots7 ай бұрын
Surprise Surprise lol
@PCUTAH57 ай бұрын
Hello:)
@stefantest53207 ай бұрын
Sorry you had to spend your birthday with Cathie Wood