Jerome Powell: The Great Inflation Stalemate Has Begun

Рет қаралды 109,105

Күн бұрын

U.S. inflation is staying high, and it's forcing Jerome Powell and The Federal Reserve to hold interest rates. But what happens next is anyone's guess. With the American economy hanging in the balance, lets explore what could happen to interest rates in the upcoming months.
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★ ★ CONTENTS ★ ★
0:00 The American Economy Hangs in the Balance
1:46 The Latest Inflation Data
4:14 Jerome Powell's Decision on Interest Rates
6:06 What will Happen Next?
8:59 The Federal Reserve's Interest Rate Prediction
My Podcast: / theyounginvestorspodcast
Brandon van der Kolk is authorised to provide general financial product advice in Australia and is an Authorised Representative (Number 1305795) of Guideway Financial Services Pty Ltd, AFSL Number 420367. Any advice is general & does not consider your financial situation, needs or objectives so consider whether it's appropriate for you. Read Brandon's Financial Services Guide available from guideway.com.au/NewMoney.pdf. Past performance is not a reliable indicator of future investment returns.
Contact email: hello@newmoney.contact
Note: I do not have the ability to answer all emails, but know that each email is read. If enquiring about sponsorship, New Money is currently only seeking sponsorship from established brands.

Пікірлер: 291

@NewMoneyYouTube Ай бұрын

Hey guys, I have a big favor to ask of you all. I’m currently away from home and have basically no functional internet. Normally I’d delete all the spam as they come through, but I barely have enough connection to publish this comment. If you guys wouldn’t mind reporting a few spam comments as you see them on this video, I’d really appreciate it! Cheers everyone

@royed31 Ай бұрын

People need send feedback and maybe KZfaq will do something

@andrewnagi7765 Ай бұрын

It's like swatting mosquitoes at the swamp on a hot day. Come back soon lol :D

@lunao19 Ай бұрын

bumping this and supporting allday everyday!

@aarondoyle4841 Ай бұрын

Hahaha if I see one more of those comments I'm going to go crazy😂😂

@alebeervideo Ай бұрын

good idea to encourage this. Those comments are plaguing youtube finance sections!

@tmer831 19 күн бұрын

Honestly, this concerns me and has left me uneasy. Especially this potential depression, no more a recession. I'm unsure about my $130K account strategy, considering the uncertainty of this whole recession mostly.

@DavidCovington-st2id 19 күн бұрын

If you lack knowledge about market investing tactics, get advice from a financial counselor.

@SteveDutton-v 19 күн бұрын

Agreed! this is why I work with one. My $520k portfolio is well-matched for every market season yielding 85% rise from early last year to date. I and my advsor are working on more figures for this year. IMO, financial advisors are the most sought-after professionals after doctors.

@lawrencedyke 19 күн бұрын

I could really use the expertise of this advsors.

@SteveDutton-v 19 күн бұрын

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Sharon Ann Meny” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

@lawrencedyke 19 күн бұрын

Thank you for the recommendation. I'll send her an email, and I hope I'm able to reach her.

@Peterl4290 Ай бұрын

Joe Biden is the only American unable to accept the failure of this administration's economic policy. "Shrink-flation" is an obvious sign of how awful our inflation has gotten, yet it's the least of our concerns when compared to stagnant earnings and rising rents. I would like to invest $100,000 in a non-retirement account; any suggestions?

@larrypaul-cw9nk Ай бұрын

For the time being, I would stay away from index funds, mutual funds, and particular equities. The best choice available at the moment is a five percent fixed income. Set aside funds for when the market begins to recover significantly.

@Mrshuster Ай бұрын

I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.

@sabastinenoah Ай бұрын

Impressive can you share more info?

@Mrshuster Ай бұрын

Annette Christine Conte is her name. You may look her up online; she is a reputable financial counselor in the US with a license.

@sabastinenoah Ай бұрын

Interesting. I am on her site doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call.

@DonaldMark-ne7se 17 күн бұрын

I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.

@PitcockRoth-9876 17 күн бұрын

I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?

@Odmark-u5f 17 күн бұрын

There are a lot of strategies to make tongue wetting profit especially in a down market, but such sophisticated trades can only be carried out by proper market experts

@NoorFrohock 17 күн бұрын

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

@PitcockRoth-9876 17 күн бұрын

please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

@NoorFrohock 17 күн бұрын

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

@sauercrowder Ай бұрын

Here before the spam bots start talking to each other about fake financial advisors.

@NewMoneyYouTube Ай бұрын

I know right, I’m trying to keep up with them, but there are many!

@NewMoneyYouTube Ай бұрын

@@XAV-117 it’s honestly relentless. It’s so hard to keep on top of them

@sauercrowder Ай бұрын

@@XAV-117 you would think google would have the resources to do something about it but they basically render the comment section on any finance-related video completely unusable

@Turdfergusen382 Ай бұрын

This guy is essentially a bot for neoliberalism and state economic rhetoric.

@fixmehanicar Ай бұрын

Well hats down for the work this is one of the rarest channel where I don't see often "SPQ was the greatest stock for me, yada yada yada...."

@Bunnydrille 16 күн бұрын

I just want my money to keep outgrowing the inflation rate. That’s why i've been looking for the right companies now to invest about 150k i have packed in the bank, i hope NVDIA is the right choice. Just don't know strategies to employ to make significant gains.

@Brightenedrim 16 күн бұрын

QCOM, AMD, NVDA are all good buys.

@Frankweily 16 күн бұрын

Choose quality stocks and follow them up. If you're not one for such complexities, hire a financial advis0r to grow your money. I use the latter. My portfoli0 gained $47k in the last quarter.

@JesseMayhill 16 күн бұрын

Chose quality stocks and follow them up. If you're not one for such complexities, hire a wealth manager to grow your money. I use the latter.

@Cottoncandyh 16 күн бұрын

You're right, I and a few Neighbors in Bel Air Area work with an advis0r who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfoli0 grew 40% in the last quarter.

@Duttonmuffins 16 күн бұрын

I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation??

@TheFinancialMinutes Ай бұрын

If the government stopped printing $1T per quarter to our national debt, the Fed's high interest rates might actually cool the economy the way it's supposed to.

@matkeyboard8054 Ай бұрын

Don't forget to ask AIPAC not to print money .. ur politicians just a puppet

@sarawilliam696 Ай бұрын

The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

@PatrickFitzgerald-cx6io Ай бұрын

I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.

@brucemichelle5689. Ай бұрын

@Justinmeyer1000 Ай бұрын

Impressive can you share more info?

@brucemichelle5689. Ай бұрын

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

@Justinmeyer1000 Ай бұрын

Interesting. I am on her site doing my due diligence. She seems proficient. I wrote her an email and scheduled a phone call.

@will4417 Ай бұрын

It's as if throwing trillions of dollars in the economy has long-term effects that can't be solved with a few month of interest rates raised to 5%. Who knew?

@grimaffiliations3671 Ай бұрын

the trillions clearly wasnt the issue since inflation has fallen considerably despite the labor market staying tight and demand staying elevated

@will4417 Ай бұрын

@@grimaffiliations3671 Clearly wasn't the issue, huh? Were you hiding under a rock the last few couple years? You think they raised rates for fun?

@epbrown01 Ай бұрын

Everyone knew. The issue is that’s despite it being OBVIOUS they would have to sustain higher rates, people are still griping that they should lower them, even those that would complain when it failed. The biggest issue with US policy is the public disregard for long term effects.

@TheFinancialMinutes Ай бұрын

Almost $1T per quarter is being added to our national debt, wild times

@grimaffiliations3671 Ай бұрын

@@TheFinancialMinutes interest payments as a shar of gdp are lower than it was in the 80's and 90's

@roberttaylor662 18 күн бұрын

I thought CPI doesn’t include food or energy this horrible , how can i diversify my $185k portflio in this current market situation ?

@VanPelt54u7fcyde57 18 күн бұрын

Its not enough that inflation is 2%, its still going UP, just slower. Houses have gone up 3x in 4 years. I suggest you get an expert to help you for market evaluation , don't take advise on youtube channels .

@dogmom-pt5we 18 күн бұрын

@@VanPelt54u7fcyde57 you're right , i never take advise on youtube channels, i have be using a FA over a decade and my portflio has been doing pretty well , I'm currently having over $280k at the end of second quarter .

@roberttaylor662 18 күн бұрын

I've always want to handle my portflio by myself , but i don't mind if you help me with your FA i can't keep risking it all.

@dogmom-pt5we 18 күн бұрын

Melissa Marie Colby 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.

@roberttaylor662 18 күн бұрын

thanks for this piece of information.

@RobertAllen943 Ай бұрын

Interest rates are NOT HIGH . They are at a historically "normal" level. Why do people think the grotesque and abnormal money printing years where "normal". Since when is your baseline for rates based on the most abnormal decade of money printing in history. Housing prices are already abnormally high, stock market is out of control and way over priced, but people want to lower rates to make it even more absurd. The system has gone mad. People have lost their minds.

@NewMoneyYouTube Ай бұрын

That’s true! I like what Howard Marks says on this. We’re kind of just at normal rates right now, but the over leveraging of the past 2 decades makes small changes to rates big overall

@RobertAllen943 Ай бұрын

@@NewMoneyKZfaq The solution to the over leveraging and the decades long addiction to cheap money is not to make money cheap again.

@janentomenkafka Ай бұрын

Some anecdotal evidence that supports your words... When I bought my first house back in the eighties, the mortgage interest rate stood at 13%. That was considered high. I bought another house in 1999 and the mortgage interest rate was 4%. That was considered to be more or less normal.

@bobsondugnutt7526 Ай бұрын

My hope is that our entire economy hasn't fully adapted to 15 years of near zero rates and that there is some sustainable navigability in this environment. I'm not too optimistic

@grimaffiliations3671 Ай бұрын

Rates should always be low, inflation should be managed on the fiscal side of things. Housing prices are high due to artificially limited supply, lower rates would actually help inventory and lower prices

@Yozik2 22 күн бұрын

It's much easier to to cool down inflation from 7% to 4% than from 4% to 2%

@CatherineWilson8 27 күн бұрын

More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.

@Johnlarry12 27 күн бұрын

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

@KevinClarke9 27 күн бұрын

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

@carolpaige2 27 күн бұрын

Mind if I ask you to recommend this particular coach you using their service?

@KevinClarke9 27 күн бұрын

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@carolpaige2 27 күн бұрын

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.

@nb73363 Ай бұрын

"should help home prices rise" saying that like it's a good thing...

@matu1181 Ай бұрын

I liked that your previous content wasn't re-used, thank you.

@touchofgrace3217 Ай бұрын

“Highest levels since the turn of the century” Dude, stop 😂 20yrs - It’s only been 20yrs.

@janentomenkafka Ай бұрын

It's even longer than that... we're seeing the highest levels since the turn of the millennium.

@harvenius Ай бұрын

@@janentomenkafka lel

@MoinWoll Ай бұрын

24.5yrs*

@nedkelly2677 Ай бұрын

crystal clear thank you !

@harvenius Ай бұрын

The video editing is really nice.

@adityakashyap8202 Ай бұрын

Hi, can you make a video on Norinchukin Bank in Japan, which is facing a similar liquidity crisis like Silicon Valley Bank last year?

@bar_jumper1312 Ай бұрын

do you remeber the prices in the movie " I Robot"? we are getting there i just paid 20 bucks for some Burger King singel Menu... dafq?

@josephbrolly7232 28 күн бұрын

So much for don’t worry guys all this inflation is just transitory. Remember that back in 2021. Down here in NZ the runaway inflation has done so much damage

@alex98b627 Ай бұрын

We do NOT want to see house prices start rising again! We need flat prices for a few years. And developers need to be forced to release land and houses that have already been zoned for residential. Rather than continuing to land bank while simultaneously blaming regulations for holding up housing supply

@billiexluxury Ай бұрын

Your videos are always so good

@mojtababayest9491 Ай бұрын

This week i saw you in the cruise to Moreton island. I wanted to come and say hi but you were walking too quick. Thanks for your great content. Keep up the good work.

@NewMoneyYouTube 29 күн бұрын

Oh damn! You should have said hi! I was probably sprinting to the buffet

@mojtababayest9491 29 күн бұрын

@@NewMoneyKZfaq 🤣🤣

@xvx4848 Ай бұрын

If the fed was serious about getting inflation down to 2% they would continue to raise rates. They're signaling to the markets that they're fine with it being higher than 2% so make sure you invest accordingly.

@grimaffiliations3671 Ай бұрын

why would they raise rates further when inflation is trending down? Even the current rates are to high given inflation trends

@csuporj 22 күн бұрын

@@grimaffiliations3671 Inflation statistics are skewed. Just look at the house prices from 2015 and 2024 and compare them with the official inflation figure.

@grimaffiliations3671 22 күн бұрын

@@csuporj inflation numbers are an index, so pointing to one thing as the reason its skewed doesn't make sense

@csuporj 22 күн бұрын

@@grimaffiliations3671 It does not reflect even the car prices. In 2010 I bought my new Dacia with 6000 euro. Now the cheapest Dacia in Romania, with at least that many horsepower as my car from 2010 is 13350 euro. And on Trading Economics the CPI at the start of 2011 was about 150, and now is about 250. For the house prices in Cluj Napoca the CPI is even more misleading. Back in 2014 appartments sold in the city with 1000 euro/square meter, now they are 2700 euro/square meter.

@jagglebones 27 күн бұрын

this was really helpful and i ended up learning a lot from looking up stuff about the fed from your video. thank you!

@hitfactorystudio2837 Ай бұрын

I’m subscribing because I love how you analysed and explained

@joshwasereyesterday Ай бұрын

Hi NewMoney! Would love to see a vid reporting on the economy of Argentina and the Presidents pioneering emergency fiscal controls👍 the have cash controls limiting cash per person of $40

@Silver-fh4fb Ай бұрын

Really love the quality of your videos recently. And your mouse and keyboard (I have the same).

@NewMoneyYouTube Ай бұрын

It’s a great combo! Thanks for the kind words, too!

@adriankmita Ай бұрын

Do you or your team answer emails? Had some support questions for the recent New Money courses and Profitful but still haven’t had a reply for a good number of weeks. Thanks…

@douglaswallace7680 Ай бұрын

very interesting and informative . a lot of economy explanation videos talk down to me . Not Here ! I will follow the advice given @ 10:25 {paraphrased} all numbers coming out that measure the U S economy , should be taken as "Guidance , Not Gospel"

@darius2640 Ай бұрын

Its not enough that inflation is 2%, its still going UP, just slower. Houses have gone up 3x in 4 years. It now needs to go back DOWN 3x to return to normal. This is unsustainable, my savings of 10 hard years didn't go up 3x they stayed the same, i cant compete, i dont want to work just to keep filing a bottomless bucket

@andrews2441 Ай бұрын

Should have invested your savings. Prices aren’t going to go back to where they were, you’re living in a fantasy land if you think there’s any chance of that happening.

@darius2640 Ай бұрын

@@andrews2441 how can i invest them when minimum investment horizon is 10 years and i need a house now

@Plus-EV-111 Ай бұрын

Your savings should have gone up! If you left everything in savings then you're really silly. If you got unlucky with investments then that's unfortunate. Everything else you would have made a decent return. Also, properties have not 3x'd in 4 years, that's silly. My own home has 1.7x'd in the 5 years I've owned it and that's fantastic.

@BradPaisley56 Ай бұрын

After retiring recently, I'm uncertain whether my 401(k) and IRA will ensure a stable future. With $1 million set aside, I'm seeking an approach that matches my risk tolerance and financial objectives. Would you recommend investing in stocks or purchasing rental property?

@fawnriverpuppyservices76 Ай бұрын

Glad to hear from another buckeye! comfortable retirement depends on your lifestyle...

@CharleyHull-dn6nh Ай бұрын

I would get money management just in case. You’re only 55. I think the average life execting in the US is 77.5 years, but many people live well into their 80s so that $1 million has to last you all of that and the unforeseen. $1m is a great start though. Good for you!

@DonatellaVersace44 Ай бұрын

this is huge! your advsor must be grade A, mind sharing more info pleas? in dire need of proper asset allocation

@CharleyHull-dn6nh Ай бұрын

Finding financial advisors like Melissa Jean Talingdan who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@DonatellaVersace44 Ай бұрын

Thank you for this tip. it was easy to find your mentor

@Panzilla1 Ай бұрын

Can you provide sources?

@prismovalentino Ай бұрын

Did you just say at 6:45 it should HELP home prices rise?

@brotherjc2 Ай бұрын

Do a take for australia too!!

@theladyfingers___ Ай бұрын

Please explain what's desirable about home prices rising for anyone except a speculator.

@jonathanstone4308 Ай бұрын

There is a correlation between higher house prices and consumption. As people perceive their wealth to be higher, they do generally spend more. From a government perspective, this increased spending/consumption is desirable as it fuels continual growth. Especially when interest rates were lower, a lot of spending was linked to people borrowing against equity in their property and spending this on a new car, holiday, renovations, etc.

@Susurros_Latentes Ай бұрын

Where is this 3% reflected. Cause it is not in day day life... as a matter of fact, anything I buy is 35% higher and services are 50% higher.

@Ex-P.F.C_Wintergreen Ай бұрын

Exactly, bread used to be $1 and now its $4

@Paul_seekingthetruth4U Ай бұрын

I thought CPI doesn’t include food or energy.

@adams5507 Ай бұрын

2:40

@XavierCant-tk1bi Ай бұрын

Great Video🙌

@ep103103 Ай бұрын

Which should help home prices rise? Oh lord, if we need anything, we need home prices to come down

@Ex-P.F.C_Wintergreen Ай бұрын

The line needs to keep going up or otherwise the entire ponzi scheme will collapse

@ItsJFern Ай бұрын

To stop inflation, stop printing.

@mrtony1985 Ай бұрын

Lowering rates has typically been near the peak of the stock market.

@faafo2 Ай бұрын

Your CPI graph is misleading because it tracks *the change* in increase - rather than the overall point increase. Take a look at a 5-year window and you can see that cost of living has increased 25% compared to 2020 prices ... Netherlands e.g. had CPI 106 in 2020 and is at 130 points now with inflation staying within +-4% all that time.

@greigsanderson Ай бұрын

UK is now 2%, but haven't changed rates.

@Userhfdryjjgddf Ай бұрын

Hahahahhaa UK is not at 2% hilarious

@AhmedIbrahim-hs7kk Ай бұрын

@Immigrationsituation UK inflation in May was down to 2 per cent. Interest rates haven't come down because inflation is expected to increase in the coming months, and core inflation is stubbornly high

@grimaffiliations3671 Ай бұрын

@@AhmedIbrahim-hs7kk Yeah but the don't count "owner equivalent rent" in Europe since thats a price no one actually pays. If you took owner equivalent rent out of our cpi, we would be at1.9%

@atharv9924 18 күн бұрын

Is this prediction based on internal factors only? Does it consider the inflation factor due to Japanese offloading US reserves?

@Erez84 Ай бұрын

Greate!

@NewMoneyYouTube Ай бұрын

Thanks for commenting!

@michaelswami Ай бұрын

Core CPI = inflation if you don’t eat or drive.

@NewMoneyYouTube Ай бұрын

True 🤣

@csuporj 22 күн бұрын

The price of Pentium 3 has gone up only by 3%.

@learnrussianwithyarik5479 Ай бұрын

Brandon, how are you? As a suggestion for your next video, could you please make a video explaining a bit on how to use market indicators such as MACD, Stochchastic and Moving Average? Having read the book "Rule number 1" by Phil Town I have found it really fascinating. it does seem to help the investors. Thanks for the great job by the way😊😀

@NewMoneyYouTube Ай бұрын

Good thanks Yarik! Thanks for the suggestion. I've got a video coming out soon on exactly this :)

@ChandraSekhar-no5ts 25 күн бұрын

Can you make video regarding macro economic environment for india?

@conorpitterl5260 Ай бұрын

My retirement is cigarettes, hopefully I'll just die in peace

@yajurvendrachudasama7497 Ай бұрын

brother you should compare core CPI of this month to last month ( to see if it is falling) not with CPI of this month

@erdemulubas Ай бұрын

There is also something called Treasury and also there is a person named J. Yellen

@peterbedford2610 Ай бұрын

Transitory has been going on for about 4 years

@ZenoSamaOmniKing Ай бұрын

The tables have turned

@TimothyS-t2i 9 күн бұрын

"Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

@jayhay1237 Ай бұрын

Life is "transitory"

@Ejexion Ай бұрын

They really do say "2% benefits everyone." Unbelievable.

@BradleyMaurice226 Ай бұрын

Inflation and recession are currently wreaking havoc on America. The worst aspect of this crisis is that consumers are accruing credit card debt. Credit card debt rose 20% in April alone, while interest rates have doubled in a year. Customers are going into debt to purchase basic necessities due to severe inflation. The collapse has undoubtedly begun.

21 күн бұрын

Why nobody acknowledges that this is astounding news for the US? The stock market is doing amazingly even with these interest rates. It’s truly unique.

@HighlanderGeoff Ай бұрын

How can a person literally have their hands of a figurative lever?

@flamer7763 Ай бұрын

US inflation is kind of not acurate at all, since shelter is a very weird one, it is not based on data, but on opinion and is lagging indicator

@NewMoneyYouTube Ай бұрын

Yeah, how weird is that!? Seems a bit bizarre to me

@NewMoneyYouTube Ай бұрын

Yeah, how weird is that!? Seems a bit bizarre to me

@NewMoneyYouTube Ай бұрын

Yeah, how weird is that!? Seems a bit bizarre to me

@fabianeng8605 Ай бұрын

Does not seem like inflation would drop to 2% anytime soon since they raised import tarrifs on Chinese products.

@fabianeng8605 Ай бұрын

California's minimum wage of US$20/hr also has a part in pushing inflation up.

@rvn856 Ай бұрын

i still am puzzled as to how and why the fed thinks it can control inflation.

@csuporj 22 күн бұрын

The government is printing the money and creating the new regulations and taxes that creates inflation. So they just have to reverse that.

@davidhobbs5679 20 күн бұрын

Well ladies and gentlemen its here. Stag-flation yippy

@SmithSmithson1 Ай бұрын

Why is the 2% target set at 2%? We’ve been lulled into a false sense of security that 2% is the “right” number after 30 years of global cheap labour which pushed inflation materially lower and then allowed interests rates to be materially reduced. Now…it’s different. We are going through a phase of structural drivers of inflation and reduced demand driven by a range of factors: namely deglobalisation, climate change (clean energy) and importantly, higher cost of capital/debt. Maybe the more realistic target is 3%.

@kashganja Ай бұрын

source on increasing interest rates.

@StarATL 5 күн бұрын

Interest rates in the 90’s were above where they are now, economy was not in the dumpster either…..though the debt was not where it is either

@patrickcallewaert8499 27 күн бұрын

I fully agree that no one can predict the future, but economically speaking things are not going as well as the stock market is doing and I am very careful on the stock market because the inverted yield curve has already lasted 700 days so I do not believe in a soft or no landing . That is certainly not advice, but I am bullish but keep 70% cash so if the bubble bursts I will not lose sleep and if the stock party continues for another 5 years I can still make money because staying on the sidelines is not an option and certainly not with the money that is no longer worth anything these days

@jeffnewman9654 Ай бұрын

Why do you (and many others ) refer to the current fed interest rate as being high, when it’s very close to its 60 year average? The 80’s and 10’s were anomalous and not the norm.

@BunkerSquirrel 18 күн бұрын

Personally I’ve been reserved about guying a car because the interest rates are at nearly 10% in my neck of the woods. Know I’m not the only one.

@louisbrill891 21 күн бұрын

>peak of 7% X to doubt

@hobear637 Ай бұрын

The fed is only one component of the economic stew. Government needs to step in and do their jobs as well instead of just relying on Fed interest rates.

@dirtyxbl Ай бұрын

Exactly. I think they are estimated to have a $2 trillion deficit next year. No shit inflation is still hot lmao.

@traviswes7082 Ай бұрын

I’ve been diligently working, saving and contributing towards early retirement and financial freedom, but since covid outbreak, the economy so far has caused my portfolio to underperform, do I keep contributing to my 401k or look at alternative sectors to meet my goals?

@poleritude6222 Ай бұрын

If you are contributing when stuff is down and lackluster, that's usually when you get the best gains when you eventually look back after several years of an upswing. Roth 401K and IRAs are still great as long as the money isn't being invested in something overly risky that can tank. Also if there is a 401K matching situation with your employment, you always want to at least get the maximum "free money" that goes in from matching. Also if you have access to them, iBonds are probably still a pretty great deal with the current interest rates, as they have a garunteed return based on current interest rates. I believe they are limited to $10K per year, per person, but it's not a bad deal right now if you've already hit IRA caps, and the return is garunteed.

@Playingwithproxies 16 күн бұрын

You can just not take out new loans if interest rates stay high

@thepvpchannel-oq7nq Ай бұрын

I have been calling FED cant lower rates for 2 years now, since the wall street propaganda of "lower rates any time soon" started in July of 2022, you can predict rate hikes and cuts u just dont know how.

@trevordontstalkme1303 16 күн бұрын

Ah yes, lets get rid of food and gas and use that number because thats definetly not something literally everyone in this country buys and the people in poverty struggle to maintain. Must be nice being on top, looking down.

@michaelbananas461 Ай бұрын

The stock market does NOT perform poorly when interest rates rise. Why does everybody keep saying this?! We have decades and decades of historical data which show this is false.... Stock markets tend to perform poorly once interest rates FALL, which is usually a little bit after the interest rates have stopped rising. Rising interest rates are a coincident indicator of a strong economy, hence a strong stock market....Then, with a lag, the interest rates bite and the recessions begin... This is why buying a house with high interest rates is a terrible idea. Believing that the prices will skyrocket once the rates plummet down is simply not true historically, except for covid, which was truly a historical abboration.

@castafinance 29 күн бұрын

I don't think America is done with 0% rates. Once this AI bubble pops and the market falls more to reality of the other 2000 firms struggling America will be quick to push rates down to 0. Going to be very similar to Japan in the 90s

@ghesoonkarim602 Ай бұрын

Buying homes 😂 the prices are nuts for everyone

@dr.drakeramore2740 Ай бұрын

3% inflation is normal!!! Just look at economic data from the past.

@rickysmith923 16 күн бұрын

They should've been more aggressive initially.

@jessem4659 Ай бұрын

Housing housing housing. It’s the biggest line item in cpi and the one item that’s not being addressed by high interest rates alone. Only until we build enough housing will cpi meaningfully start to come down. Lower housing costs have a domino effect through the economy. Lower costs of living means wages don’t have to increase as much, lower cost of labor to makes goods cheaper to make, which results in a lower price tag at the store.

@Userhfdryjjgddf Ай бұрын

Weird because before covid hosing prices weren't going crazy yet we still needed more housing. You're obviously wrong in your thesis

@jessem4659 Ай бұрын

@@Userhfdryjjgddf take 2 seconds and search "is the US in a housing shortage" on the internet

@bobsondugnutt7526 Ай бұрын

healthcare and education costs have also inflated disproportionately. the pillars of the middle class have been hit the hardest.

@grimaffiliations3671 Ай бұрын

@@Userhfdryjjgddf housing was very unaffordable pre covid too. They've gotten worse now because of all the internal migration but the root issue is artificially limited housing supply. Places like Austin are building a tonne of housing and prices are falling fast

@Brixenaut 15 күн бұрын

There are 27.3 homes per American citizen

@nubbubnub Ай бұрын

hawk tuah 2024 inflation

@matkeyboard8054 Ай бұрын

Don't forget to ask AIPAC to use Thier money to reduce inflation.. oh w8 , or they only know how to spend lololol

@secretluver Ай бұрын

The government & federal reserve want higher inflation. You know that, right?

@alessandrobianco7183 Ай бұрын

Why is that?

@thefinalantagonist 16 күн бұрын

Raise interest to 10% :) I have no loans haha 😂

@chrisserna5763 Ай бұрын

Fixed income, that's all you need to be in right now, this doesn't end well and we know it

@noahlamoureaux6462 7 сағат бұрын

We could end inflation by turning all large businesses and corporations into nonprofit worker cooperatives. This will lower prices while increasing workers' wages. Rent-to-buy laws apply to all rental properties. Rent contributes to inflation. Promote small to medium-sized businesses for competition and productivity.

@gzfashions Ай бұрын

I see that Elon Musk book in the background! ‼️

@NewMoneyYouTube Ай бұрын

I liked it! Did you read it?

@disneytakeshugedix7463 Ай бұрын

America 🇺🇸 loves 🥰 Hyper Inflation 💸 and will continue to print money 💵 and lower interest rates until the US 🇺🇸 Dollar 💵 collapses ! The American 🇺🇸 Government loves 🥰 Hyper Inflation 💸 so much they want the prices of everything to rise until the US 🇺🇸 Dollar 💵 is worth nothing ! Print ! Print ! Print ! Ha ! Ha ! Ha ! Hilarious 🤣

@bySimyna 23 күн бұрын

when you say there was a lot of stimulus from the government and that caused the inflation, it makes it sound that the government giving people money caused inflation, but only $814 billion were given to households out of 12 trillion totally printed, so who received all that stimulus?

@elpapo09 18 күн бұрын

information aside right or wrong.....Is the young man real or AI?

@user-ol7tl1vf5m Ай бұрын

A system that protects all individuals is a system controlled by no one. Bitcoin.

@WilliamsTyler5 Ай бұрын

I believe that investors ought to use their money wisely at all times, especially More market diversification will begin to appear in 2024. A little over $350,000 of my funds should be invested in equities by the end of the year. In 2024, I want to be millionaire.

@blackdave2211 Ай бұрын

Bam!

@p.d.stanhope7088 Ай бұрын

Excellent video. I highly recommend you should read up on Richard C. Koo if you haven't already. The inflation rate below 2% is probably not going to happen again in a long time with the U.S. and the Western oriented economies. Koo's latest book Pursued Economy (2022) has a chapter that focuses on the improbability of economies getting back to below 2% inflation level, because the U.S. economy is still being primarily directed by Monetary Policy instead of the involvement of Fiscal Policy. One option Koo focuses is on is the strength of the U.S. Dollar and does the comparison of the Plaza Accords of 1985 and it could be applied in the near future by the present U.S. Secretary of the Treasury Janet Yellen or her successor. Of course, Yellen is the strong proponent of a strong U.S. Dollar, but Koo recommends a slow manner at depreciating the dollar over a period of time.

@antsmi33 Ай бұрын

Why do you keep saying that there's a chance that rates will remain high. They are not high. The current rates are the historical norm. People need to wake up and understand that the rates we have experienced over the last decade were LOW.

@corolex 28 күн бұрын

Back in the day all sorts of things could be done that won't be concidered acceptable by today's standard