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Hey how about those gas prices that shatter the worker?
So we are freaking out about a few percentage points drop off an inflated GDP growth figure, fuelled by unprecedented QE?
The sky is falling !!!! Run for your lives !!!!
He can say whatever he wants right or wrong he isn't accountable.
Deluded. We already are in one
Not a severe recession… a severe depression
such blank and white thinking in the comments. not worth entertaining the majority makeup of them; blue-collar and pseudo-science biases.
What does this guy know? I bet he doesn't shop for groceries himself. He probably does not even drive.
This guy own Peter Schiff his penny 🙂
♟unseen but very effective
It's not officially a recession until corporate media brings out "experts" assuring us there's not going to be one.
CNBC Clown fest. All blind folded dart throwers. LOL
Most so called professors don't know what they are talking about.
After the red wave happens….america will rebound….resulting in biden crying while trying to take credit for the bounce up… folks he put a hidden 50 gas tax in his first week of office.. these were at the oil company costs
Joes gotta go… when hunters laptop finally gets going in congress
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
One major factor was left out is that we are seeing global inflation . I saw it in the news that most countries are all competing for parts , products , food etc. Even nations that managed their rates better are seeing major issues . The glut of money was an issue sure, but the surging demand from nation that re-opened from covid lockdowns played a larger role . Add to this pandemic-related staffing issues and the intentional global oil supply problems and its a nightmare . I known the intention was to explain inflation but that doesn’t do justice to the current inflation on a global scale.
Inflation or stagflation, nothing beats involving an expert in any trade or investment, selfishness and greed have prevented many and they ended up suffering huge losses, and the crypto market is no exception.
Just another talking head who's not telling the truth as always. lol
Is this a joke?
Its probably a mild recession, but with all the analysts and dooms day sayer creating lits of FUDs, it will just aggravate the mild recession into a full blown one. Good for nothing SEC should by now restrain shorting activities.
I don't know what they define as mild but with inflation rising and real wage dropping and not keeping up, I would have thought it would be a year maybe as purchasing power is lost. Energy will be high for a while.
Not a severe recession; a mild depression.
He will probably end up being right but I see at least another year of volatility ahead and another 10% or so downside before the sees start calming down. It’s best to always dollar cost average and let time be on your side. 3-4 years from now, the markets will make new highs.
Really…. He needs to find another job.
The professor is poorly informed, because he has not taken all factors into account. The recession will be severe.
WE ARE IN A RECESSION ALREADY!!!!!
Buy the dip. FAAMG stocks (Amazon, Apple, Microsoft, Google) are such cash cows, and their stocks have dropped -27% since the highs in 11/2021 that I expect they would buy back their shares.
– people have jobs, under 4% unemployment
– banks report the highest balances in people's accounts
– house values are way up, people can always pull out the equity for cash
– credit card sales for restaurants and hotels are up.
– Back to school will increase retail sales. I have to buy the kids a new Apple Macbook and iPad and dorm stuff.
Nothing to worry about. Q1 is historically low retail sales for the last 4 years.
Morgan Stanley data shows that credit and debit card spending are way up (restaurants and hotel), but people just aren't buying lowend retail (Walmart, Target) as much.
Side note: the news media are against social media because advertisers have left them and now mostly advertise on social media.
YES WE ARE IN ONE ALREADY IDIOTS
Anyone who still believes these lying hacks on here needs their head checked. They've been denying and excusing literally the entire time. I have a compilation of these "experts" being consistently wrong.
People are struggling due to cost increases, they have less money AGAIN, so the solution is to…up interest rates and make them pay more on their mortgage if it renews soon. So they'd have even less money to spend. GENIUS idea, oh wait no, it's absolutely moronic.
I'm sure this will age well.
LMAO, recession numbers are always lagging. Get the "magic glue" out this recession will be covered up by The Fed & the seedy politicians but still substantial. Furthermore, the elite will "kick the dirty can" down the proverbial road to the naive, younger sheep. The system is broken & is working only for the elite!
With earnings expectations still way too high, I don't believe a thing about this.
Damn I wonder where my $2 trillion dollars in excess savings are lol
I was wondering how these guys can be so bullish, but then I realized I was watching CNBC!
Gen x. If your going into any thing safe you should get a safe secured return not a promise. https://youtu.be/5OFaZcC0lRU
INFLATIONARY DEPRESSION as your stock market soars and your federal reserve notes become completely WORTHLESS !!!