“It’s Too Late” - Goldman Sachs' CEO David Solomon Predicts No Rate Cuts This Year

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April home sales drop as high mortgage rates dampen buyer activity. Patrick and Dan Bongino talk about Biden's economy and what it means for the housing market.
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Пікірлер: 422

  • @tatianastarcic
    @tatianastarcicАй бұрын

    I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat

  • @berniceburgos-

    @berniceburgos-

    Ай бұрын

    I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.

  • @hersdera

    @hersdera

    Ай бұрын

    You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

  • @Hectorkante

    @Hectorkante

    Ай бұрын

    This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now

  • @hersdera

    @hersdera

    Ай 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 ‘’Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

  • @jones9-

    @jones9-

    Ай бұрын

    Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

  • @traviswes7082
    @traviswes7082Ай бұрын

    Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.

  • @Patriciacraig599

    @Patriciacraig599

    Ай бұрын

    Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k I want to transfer into an s&p but its hard to bite the bullet and do it.

  • @tommychestnut5335

    @tommychestnut5335

    Ай бұрын

    You need a Financial Advisor my friend so you don't get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.

  • @instinctively_awesome8283

    @instinctively_awesome8283

    Ай бұрын

    I know I've wanted to start investing for a few months, but just haven't had the courage to start because the market has been down for most of this year. Please how can I reckon with such skills and what are his services like?

  • @tommychestnut5335

    @tommychestnut5335

    Ай бұрын

    Kathleen Cheryl Constantz is the licensed advisor I use. Just search the name. You’d find her webpage and necessary details to work with to set up an appointment.

  • @instinctively_awesome8283

    @instinctively_awesome8283

    Ай бұрын

    Thank you for sharing, I must say, Kathleen appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.

  • @JefferyDuns
    @JefferyDunsАй бұрын

    Prices are too high. With rates not subsidised in ’24 and mortgage still high , currently seeking alternatives to maximize savings without an RV move or taking a loan. I’m seriously contemplating the latter.

  • @trane85

    @trane85

    Ай бұрын

    Affording our mortgage is tough as well. I have suggested cashing in, renting or relocating, and investing the rest in the stock market.

  • @Nernst96

    @Nernst96

    Ай бұрын

    If you can afford to relocate, you should manage the mortgage.

  • @PhilipDunk

    @PhilipDunk

    Ай бұрын

    if you are looking to invest in the stock market, I suggest you Consider a fiduciary with mortgage-backed securities knowledge for guidance. Prices today may look like dips tomorrow.

  • @PatrickLloyd-

    @PatrickLloyd-

    Ай бұрын

    Thats true, working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.

  • @trane85

    @trane85

    Ай бұрын

    this is all new to me, where do I find a fiduciary, can you recommend any?

  • @handyman1016
    @handyman1016Ай бұрын

    Just remember... Ron Paul warned all of you back in 08 and 12 about the Federal Reserve.

  • @HAULUUZ

    @HAULUUZ

    Ай бұрын

    What did he say?

  • @DUES_EX

    @DUES_EX

    Ай бұрын

    Yup

  • @scsmith4604

    @scsmith4604

    Ай бұрын

    And he still does this today.

  • @diah7130

    @diah7130

    Ай бұрын

    ​@@HAULUUZLook it up

  • @christianpowerssavesthewor8404

    @christianpowerssavesthewor8404

    Ай бұрын

    @@HAULUUZ they are going to unalive us all.

  • @matturner8
    @matturner8Ай бұрын

    The looming recession and the Fed's rhetoric of raising interest rates have investors extremely concerned. I'm not sure what to do with my $600,000 portfolio yet. because we may not enter a recession, and even if the Fed is hawkish, interest rates may not be raised further.

  • @ritalorrigan

    @ritalorrigan

    Ай бұрын

    Everyone is uneasy due to the continuous wars in the Middle East. To get assistance with your portfolio, you ought to speak with an FA.

  • @ScottArmstrong12

    @ScottArmstrong12

    Ай бұрын

    True, A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far

  • @KevinClarke9

    @KevinClarke9

    Ай бұрын

    in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.

  • @ScottArmstrong12

    @ScottArmstrong12

    Ай бұрын

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

  • @KevinClarke9

    @KevinClarke9

    Ай бұрын

    She appears to be a true authority in her profession with over two decades of experience. I looked her up on the internet and skimmed through her site, very professional. already sent her an inquiry hoping for a response soon.

  • @darlaboyle1074
    @darlaboyle1074Ай бұрын

    I don't care if Target was giving stuff away. I refuse to shop there.

  • @luisvilla799
    @luisvilla799Ай бұрын

    Another rate increase please we need it and no government monetary help

  • @JohnSmith-zo6ir

    @JohnSmith-zo6ir

    Ай бұрын

    Rate cuts are inflationary.

  • @adamhatcher6620

    @adamhatcher6620

    Ай бұрын

    ​@@JohnSmith-zo6ir read the above comment again... they are saying we need more rate increases!!

  • @christianpowerssavesthewor8404

    @christianpowerssavesthewor8404

    Ай бұрын

    @@JohnSmith-zo6ir gouging is inflationary,.

  • @cesarromero9821
    @cesarromero9821Ай бұрын

    As a Mexican-American i dont care if this administration drops rate to 0, i wont be giving my vote to this disatrous administration again!

  • @BulletProofTrump

    @BulletProofTrump

    Ай бұрын

    Im too poor for this to affect me

  • @herryso6238

    @herryso6238

    Ай бұрын

    What choices do you have? You either choose poo or dung. They both are the same shit

  • @hakaishinkage9899

    @hakaishinkage9899

    Ай бұрын

    The administration has nothing to do with monetary policies.

  • @cesarromero9821

    @cesarromero9821

    Ай бұрын

    @hakaishinkage9899 that's why I said I don't care what happens with the interest rate. The disastrous administration will not get my vote.

  • @dreb222

    @dreb222

    Ай бұрын

    @@hakaishinkage9899Actually, there are many policies directly introduced by the current administration that DIRECTLY affect the economy such as more and more new spending proposals hemorrhaging trillions in new deficit spending, expansion of IRS costing billions, new tax proposals and additional taxes and tax hikes on individuals, families, and businesses, and hyper advanced partisan agendas that has left millions in a cycle of poverty and government dependency. I could go on and on dude.

  • @toddtheisen8386
    @toddtheisen8386Ай бұрын

    Rates were too low for too long. It would be irresponsible to lower them back down to previous levels.

  • @arod077

    @arod077

    Ай бұрын

    Exactly. I admit it sucks for the average consumer but what you are saying is correct. What is not going on is companies are not lowering their prices cause us DUMB COMSUMERS are still buying their shit.

  • @lot2196

    @lot2196

    Ай бұрын

    Agree, Agree Agree. That's exactly why they will do it.

  • @Vincedaprince1

    @Vincedaprince1

    Ай бұрын

    Rates will not come down. Folks continue to buy and marketing is unlike any other time in history. Consumers will continue to buy regardless until they absolutely can not. JB will make a promise, ppl love broken promises. Plus the intro to digital currencies

  • @parithon2397

    @parithon2397

    Ай бұрын

    @@arod077the PPI index shows the opposite. Overall, companies are spending more than ever for raw products but are indeed not transferring that to consumers (cpi). That can’t hold forever though.

  • @Franktheplumber

    @Franktheplumber

    Ай бұрын

    @@arod077corporations and consumers are not to blame. Bad government policies and too much regulation are to blame…

  • @culturepreneur
    @culturepreneurАй бұрын

    Credit card delinquency is rising rate cuts won’t help if a lot of consumers maxed out their credit cards

  • @AmericanSpartan

    @AmericanSpartan

    Ай бұрын

    Credit card interest is Usury and should be banned.

  • @jimsimpson5670
    @jimsimpson5670Ай бұрын

    FJB, can’t wait for him to be GONE!

  • @6YoungAngel9

    @6YoungAngel9

    Ай бұрын

    😮

  • @AngelaSpearfishing

    @AngelaSpearfishing

    Ай бұрын

    Big Mike up next

  • @BulletProofTrump

    @BulletProofTrump

    Ай бұрын

    You think theyre going to leave on a good note?😂 heck nah theyre gonna leave the biggest mess they can

  • @andyxjo1

    @andyxjo1

    Ай бұрын

    If Trump wins the dems won’t certify the election, just wait and see

  • @MagicSwizzle

    @MagicSwizzle

    Ай бұрын

    Biden is likely to win again

  • @Paulinthewyld
    @PaulinthewyldАй бұрын

    Interest rates should have NEVER dropped below 3%…

  • @oceanavekid
    @oceanavekidАй бұрын

    Rates need to be raised a lot higher. Inflation is slowly going to keep creeping up. Without higher rates they’ll never have a hold on it.

  • @Slayer1o7

    @Slayer1o7

    Ай бұрын

    News flash they already don’t have a hold on it they have no clue they are slow walking us off a cliff

  • @parithon2397

    @parithon2397

    Ай бұрын

    @@Slayer1o7they keep printing money… they need to increase rates and reduce the number of new money in the markets chasing the same product; which also means we need to dramatically increase production (i.e. slash taxes and remove regulatory restrictions)!

  • @maestrozilla

    @maestrozilla

    Ай бұрын

    were just waitin for first springs to pop (banks)

  • @franciscorivera7329
    @franciscorivera7329Ай бұрын

    Powell mislead us.

  • @AmericanSpartan

    @AmericanSpartan

    Ай бұрын

    Duhhh

  • @tonygarcia2591

    @tonygarcia2591

    Ай бұрын

    planned implosion.

  • @user-mn6ry4rs8j

    @user-mn6ry4rs8j

    Ай бұрын

    Why were you even listening to him or any of them .let alons vote for this trash ? No vote no consent end governme ts world wide they serve themselves at your demise

  • @arod077

    @arod077

    Ай бұрын

    How? Inflation has gone down. He cant control what the prices corporations want to keep selling their products for.

  • @nonyaisinuse

    @nonyaisinuse

    Ай бұрын

    Duh and or hello

  • @EverlyndPerez
    @EverlyndPerezАй бұрын

    Considering current inflation signals and the Fed's rate decisions, what are the best additions to a $500K portfolio to enhance its performance this year?

  • @Debbie.Burton

    @Debbie.Burton

    Ай бұрын

    Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during downturn. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire

  • @judynewsom1902

    @judynewsom1902

    Ай бұрын

    True, some folks employ hedging strategies or devote a portion of their portfolio to defensive assets that perform well during market downturns and such pointers are provided by engaging the services of market experts just like i did in 2019, amid rona-outbreak, and as of today, i can boost of a 45% enhancement on my $1m portfolio after acquiring assets recommended by my advisor.

  • @RickWatson-xu6gw

    @RickWatson-xu6gw

    Ай бұрын

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

  • @judynewsom1902

    @judynewsom1902

    Ай бұрын

    *Sharon Lynne Hart* is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment

  • @A_francis

    @A_francis

    Ай бұрын

    Thank you for sharing, I must say, Sharon appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call

  • @petkuscinta9797
    @petkuscinta9797Ай бұрын

    Agree. No rate cuts this year

  • @joeseuck9235
    @joeseuck9235Ай бұрын

    Much better without Adam

  • @AngelaSpearfishing

    @AngelaSpearfishing

    Ай бұрын

    Adam's attitude is entertaining we can laugh at him, especially when Vinny yells at him, I enjoy that

  • @stevensica5918

    @stevensica5918

    Ай бұрын

    @@AngelaSpearfishing Two uninformed wastes of DNA.

  • @hunden8404
    @hunden8404Ай бұрын

    Rates still aren’t even close to being high enough. Unfortunately any raise in rates will cause collapse and government default on debt. Sucks but it has to happen

  • @noneofyourbusiness3572

    @noneofyourbusiness3572

    Ай бұрын

    💯 true! In the 80s Fed Chair Paul Vocker raised rates to over 8% I think it was. Now in this day & age if Powell raises rates to over 8% the Govt can't pay that it'll default on the debt and lead to a collapse of the Govt.

  • @dashphonemail

    @dashphonemail

    Ай бұрын

    Government ain't gonna default on debt, bro (at least in nominal terms). That would cause total collapse of financial system, and would be the first time in history a government chooses to default when it has the choice to just print money. Government will print money (Fed Reserve will buy all the government debt) and inflation will eat away the debt. Be prepared for inflation, and treasury bond holders getting screwed, not US government default

  • @mikesmith-wk7vy

    @mikesmith-wk7vy

    Ай бұрын

    yep rates have to go up so much it deflates the currency before it helps Americans but some pain would come from that temporarily . they wont raise it that high though because they love these high prices and they dont want the bubble to burst like in 2008 when prices came down after , they want to keep homes unaffordable for us

  • @ralphholiman7401

    @ralphholiman7401

    Ай бұрын

    Yep, the US Government has put itself between a rock and hard place.

  • @hunden8404

    @hunden8404

    Ай бұрын

    @@dashphonemail The government defaulted when they suspended the dollar from gold

  • @xxking80537
    @xxking80537Ай бұрын

    Here's the FED's problem: They can't have a US10/30 auction failure. When you have bad credit you must pay higher rates. The rest of the world looks at our balance sheet and demands a higher interest rate. The Fed is lying about the reason rates have run to 5% short rates. The market sets 10/ 30 yr bonds. They know that they've lost control. It's not just inflation.

  • @ironhed515

    @ironhed515

    Ай бұрын

    We've had bad credit for decades before and rates were rock bottom though. China was still buying our treasuries.

  • @rocco6757
    @rocco6757Ай бұрын

    0:01 I was like is that David Solomon 😂

  • @Tassonebeats
    @TassonebeatsАй бұрын

    So they just outright lied

  • @user-mn6ry4rs8j

    @user-mn6ry4rs8j

    Ай бұрын

    Every time their mouth moves its a lie . You must be new to the planet ?

  • @aaronkelly3035

    @aaronkelly3035

    Ай бұрын

    Duh they’re the government

  • @BulletProofTrump

    @BulletProofTrump

    Ай бұрын

    Like Cuomo

  • @Antonocon

    @Antonocon

    Ай бұрын

    Safe and effective.

  • @brandonhallam51

    @brandonhallam51

    Ай бұрын

    Thats how you beat people trying to predict the market

  • @user-hv8nz6yd8q
    @user-hv8nz6yd8qАй бұрын

    The 3.5 inflation figure does not include fuel, food or housing and is cumulative

  • @Theashleydenise
    @TheashleydeniseАй бұрын

    I have accepted that things will continue to go up! Im touching up on my skill sets and increasing my income. I just don’t see an end to this inflation!

  • @fauxbro1983
    @fauxbro1983Ай бұрын

    rates need to be risen.

  • @nancywever
    @nancyweverАй бұрын

    Love this show

  • @DEFIRYAN
    @DEFIRYANАй бұрын

    Inflation never go down again

  • @toddtheisen8386

    @toddtheisen8386

    Ай бұрын

    Of course it will. Inflation goes up, then it goes down. Nothing lasts forever.

  • @arod077

    @arod077

    Ай бұрын

    It is going down. What are you talking about? Just look it up. I feel you guys just talk right out of your asses.

  • @korlu01

    @korlu01

    Ай бұрын

    @@toddtheisen8386 it’s never going to go down at the rate our government is printing money to spend

  • @korlu01

    @korlu01

    Ай бұрын

    @@arod077 look what up? Inflation is down? Send me that link please Biden boy

  • @nathanholman1475

    @nathanholman1475

    Ай бұрын

    ​@@arod077It's down from where it was. He's the reason it went up So its still way up compared to when Trump left office. I bet u believe Bidem when he lied and said inflation was 9.7% when he took over. It was 1.4% when he took over and he got rid of all of Trumps policies just because they were his policies. Purely out of spite. The Msm like msmbc and CNN ABC NBC CBS lie about absolutely EVERYTHING. and when they don't lie completely they are not telling the whole story. Liberals will do anything and lie about everything and gaslight to stay in power. It's absolutely mind boggling the lengths they are willing to go to and keep ppl believing their BS

  • @adamkarimian7137
    @adamkarimian7137Ай бұрын

    These rate rises are limited in effect when you have the levels of fiscal irresponsibility that the government insists on

  • @QuiLe-qw5jb
    @QuiLe-qw5jbАй бұрын

    What's Inflations??? Everything are Free in NYC, CA, Chicago, WA,OR...😅😅😅

  • @unitedwestanddividedwefall3521

    @unitedwestanddividedwefall3521

    Ай бұрын

    Yes if your an illegally.

  • @AleandFire
    @AleandFireАй бұрын

    I just paid 25 bucks for a bottle of shampoo and a bar of deodorant. FJB!!!

  • @terrymckenzie8786
    @terrymckenzie8786Ай бұрын

    Mortgage rates were historically 8% for most of the life of this country. When they went down to5 year mortgages for 2.8 % the last 15 years, you wonder why money got so cheap and house prices doubled in 7 years. 3% just so stock investors can make more money doing nothing is not good for the country as a whole. Inflation has to be controlled.

  • @jpc1147
    @jpc1147Ай бұрын

    Good video.

  • @mariocondello2353
    @mariocondello2353Ай бұрын

    Rates will go a few points higher over the next 5 years.

  • @fredchubirka9323
    @fredchubirka9323Ай бұрын

    PBD! I Love ya my man but,,, I have been saying this for 2 years now.. The lighting sucks ass in that room. Bongino took the cake!! That blue light on his head is all I seen,, the whole show😂😂😂🇺🇸😂😂

  • @jerrybrickley2115
    @jerrybrickley2115Ай бұрын

    Rates aren't high at all. They are at the average of the last 50 years.

  • @TheHealthyCon
    @TheHealthyConАй бұрын

    Amazing that americans dont cook at home regularly. They said walmart’s profits increased because less people bought food at mcdonalds and went to buy ready made food in their stores😅

  • @AngelaSpearfishing

    @AngelaSpearfishing

    Ай бұрын

    It's bc they are exhausted from working their ass off

  • @mariehartley6840

    @mariehartley6840

    Ай бұрын

    ​@@AngelaSpearfishingthat's correct and energy cost are through the roof

  • @cartergeorge7417
    @cartergeorge7417Ай бұрын

    Understand the time value of money.

  • @stevensica5918
    @stevensica5918Ай бұрын

    Yeah, DB can provide insightful economic analysis.

  • @jessedevilbiss8436
    @jessedevilbiss8436Ай бұрын

    No rate cuts are nessasary for a long time.

  • @alexsystems2001
    @alexsystems2001Ай бұрын

    The Fed clearly said early on, they want to see multiple quarters of 2% inflation or less before they ease up on rates… if we are at 3+% still… we haven’t hit that threshold…

  • @staticpen18
    @staticpen18Ай бұрын

    Shut down the economy and country for two years, and then print up 7 trillion dollars, and then blame inflation.... pathetic.

  • @edmonddantes5104

    @edmonddantes5104

    Ай бұрын

    Based.comment

  • @keithradke8943
    @keithradke8943Ай бұрын

    Wow. The people who watch valuetainment actually have a clue. Everyone thinks rate cuts are in the picture. They aren’t.

  • @zugzug9969
    @zugzug9969Ай бұрын

    In 1992, my marketing teacher said the following: The market follows the trend... Regardless of the flipfop...

  • @arnoldberk2809
    @arnoldberk2809Ай бұрын

    I’m in LA and there are too many cars on the road. Most of the freeways are jammed and people don’t mind paying $6 a gallon with empty fire engine SUVs going nowhere. This is irresponsible and a waste of precious resources. Even a dump in south LA is a million dollars now. It’s cold every night and I just spent $7 for a slice of pizza 🍕

  • @Heero-xn8rj
    @Heero-xn8rjАй бұрын

    People want deflation not disinflation

  • @unitedwestanddividedwefall3521
    @unitedwestanddividedwefall3521Ай бұрын

    Credit card debt is at its highest, many using buy now pay later, it’s not good.

  • @MrCucamonga1
    @MrCucamonga1Ай бұрын

    Where the banks lost on low-yield mortgage bonds (which resulted in bank runs when rates spiked in 2022 and 2023), they're more than making up for it with high-yield credit card rates. Even with defaults on the rise, they're still coming out in the black. However, that bow is about to break and it's going to break hard. And all of these "economists" are going to over analyze the situation, trying to pin point how we ended up with another bubble economy bursting and who was at fault. As if no one saw the train heading for a cliff 50 miles back.

  • @Trilluminati713
    @Trilluminati713Ай бұрын

    Not me thinking the red shirt guy was the ceo of Goldman Sachs 😂

  • @AmericanSpartan
    @AmericanSpartanАй бұрын

    Screw Goldman Sachs

  • @supremeaction9026

    @supremeaction9026

    Ай бұрын

    4.5 savings rate. I’m cool with em

  • @m.t.1616
    @m.t.1616Ай бұрын

    This inflation is mostly coming from expensive energy the oil and gas production needs to be ramped up to drive down oil prices.

  • @JamesGreenier
    @JamesGreenierАй бұрын

    They know. Otherwise, how can they set annuities and CD rates?

  • @nitrosrt4
    @nitrosrt4Ай бұрын

    never was gonna be cuts,lol, why would there be, why on earth would powell give back his firepower(for when SHF). also, when the rates get lowered inflation will come right back, HOW IS THAT GOOD FOR ANY POLITICIAN, cuts were never gonna happen.

  • @generalsirc2615
    @generalsirc2615Ай бұрын

    I work at a car dealership. And people are regularly tanking loans with above 10% interest rates. All the way up to 30% on 36 to 48 month loans….. and people are banking on the idea rates will go down 6 months to a year from now so they can refinance. If that doesn’t happen. It’s going to be financial Armageddon.

  • @michaelmaultsby895
    @michaelmaultsby895Ай бұрын

    Have you seen the Scott Adams video, where he trolls ChatGPT over the 2020 election? It was brilliant and I would love to see him on your show!

  • @matthewfindlay9010
    @matthewfindlay9010Ай бұрын

    I doubt they would lower rates at all this year if it wasn’t for an election. Lowering them just before an election and not now would be more positive for the democrats as it they can then spin how better off voters will be rather than they have dropped but they have had little impact on voters.

  • @raoulhery
    @raoulheryАй бұрын

    It is a good news to keep interest rate high. Spending are getting out of control and the dollar is losing its value. No cut for 2025 as well. Its the only way to keep the value of our savings

  • @christopherlangston8173
    @christopherlangston8173Ай бұрын

    I knew this is what is going to happen when they printed them stimmy checks

  • @JohnSmith-zo6ir
    @JohnSmith-zo6irАй бұрын

    Rate cuts are inflationary.

  • @MBritos
    @MBritosАй бұрын

    And the other very big item is CONFIDENCE

  • @Diddley-js6lf
    @Diddley-js6lfАй бұрын

    Applebees Restaurant my wife and I had a very simple on dish Meal, there was a Young Couple Sitting Across From my Wife and I They Too had a Simple Small Supper. Well I Try to pay my Great Life Forward so I Buy a Lot of Strangers Meals When My Heart Tells me too. Their Meal Was $42.00 for a Meal That wasn’t Much different then a Few Sandwiches at a Fast Food Restaurant like McDonalds. $42.00 Dollars It’s Usually a $20.00 dollar Bill.

  • @420BudNuggets
    @420BudNuggetsАй бұрын

    We need to get rid of inflation not cut rates

  • @Deaston54
    @Deaston54Ай бұрын

    Correct! The 2 YR bond yield is not going down. The Fed cannot move if it doesn’t move down!

  • @allen2634
    @allen2634Ай бұрын

    Consumers don't have money because gas costs so much and they're paying twice as much for their house via mortgage rates

  • @joemartin8888
    @joemartin8888Ай бұрын

    Two true heroes here

  • @shannondavis5728
    @shannondavis5728Ай бұрын

    The average consumer doesn’t need “rates” to be cut….we need “prices”to be cut!!!”….only businesses & corporations care about the FED rates or “cost to borrow money”!!!!….it never matters @ the end game for the day because the average consumer doesn’t qualify for the same tax saving advantages that businesses & corporations qualify for!!!#LoopHoles#TaxAdvanteges#WealthBuildingStrategiesIsYouOwnSlavesAndRunAQualifiedPlantation!

  • @flickaclit6997
    @flickaclit6997Ай бұрын

    Could you get Paris Hilton debates Kim Kardashian now that would be entertaining

  • @5dc61

    @5dc61

    Ай бұрын

    Not at all, people need to stop paying attention to anything those two useless persons are doing. Oh wait, you were being sarcastic lol

  • @steveisaak4320

    @steveisaak4320

    Ай бұрын

    that is funny. good one

  • @yoshit9819
    @yoshit9819Ай бұрын

    If rates are high don't buy. Wait it out. Cut costs and stay in a strict budget. Take long walks, enjoy the outdoors. Spen time reading a good book and enjoy your family.

  • @johnleca
    @johnlecaАй бұрын

    Calm down. Inflation is transitional.....................to increasing. Good luck America. Dan Bongino "dude I just want to know if the water is cheaper". Funny as hell.

  • @aljazzi8387
    @aljazzi8387Ай бұрын

    They need to drop food n gas prices first

  • @m.t.1616
    @m.t.1616Ай бұрын

    I believe that deflation will come later this year or next year prices will have to be reduced and inflation will go down way below 2 percent by later next year.

  • @subnetjoe
    @subnetjoeАй бұрын

    We need to raise the rates to get back to a pre-pandemic economy!

  • @owenson7969

    @owenson7969

    Ай бұрын

    Exactly! Ive been saying this. Interest rates need to be 10-12% for these prices to fix.

  • @pureblood8198
    @pureblood8198Ай бұрын

    Just get rid of the fed bank.

  • @scotthenderson9918
    @scotthenderson9918Ай бұрын

    Walmart actually has their act together on the online order fulfilment,they expanded the super Walmart near me recently to accommodate the massive order staging area,talking to an associate they fill over 1k orders daily just in online drive up,they have always been my goto grocery store,sure it's a bit sketchy crime wise but the prices aren't like target or Harris teeter,that crowd drives high end cars and try to empress everyone, I save and live well.

  • @carolkingsafer9728
    @carolkingsafer9728Ай бұрын

    We're already in a depression and people can't take much more. It's called hyper inflation from printing trillions of our dollars🤨

  • @iamkesha.
    @iamkesha.Ай бұрын

    Yep, they don’t care about prices actually going down. They only care about what the charts say and the messaging. They can care less if you are struggling. Their donors are getting wealthier and that is what matters to them.

  • @mikejohn7273
    @mikejohn7273Ай бұрын

    Country is a huge nightmare

  • @cesarmurph
    @cesarmurph5 күн бұрын

    Mortgages are being sold by banks. People frequently advise buying things at a bargain, but with the current state of the economy and the volatility of the markets, I'm considering purchasing stable coin as a hedge against inflation. Should I save more than $350,000 instead?

  • @michaellaw321

    @michaellaw321

    5 күн бұрын

    There are options that spread across multiple banks. I use a non-beginner broker that protest up to 3 million dollars and provide 4.58% returns on cash, it's always a good idea to consider working with an advisor for financial planning

  • @kristianmyers53

    @kristianmyers53

    5 күн бұрын

    I agree that financial advisors are important in helping allocate a portfolio; in fact, I've been utilising one since late 2019, right before the COVID-19 pandemic. I'm currently just 25% short of my $1 million target after more investments.

  • @Only1Steven

    @Only1Steven

    5 күн бұрын

    please excuse my curiosily, would you mind sharing more info on your advisor? im in dire need of guidance

  • @Only1Steven

    @Only1Steven

    5 күн бұрын

    Love, this sounds like a good reference. I just typed her entire name into my browser and effortlessly discovered her website; her 20 years of experience is very impressive! greatly grateful for it

  • @jamalchess7636
    @jamalchess7636Ай бұрын

    We NEED to raise rates 2 more times

  • @Twisted86
    @Twisted86Ай бұрын

    Anyone that thought rate cuts were coming I have some magic beans to sell to you.

  • @MBritos
    @MBritosАй бұрын

    You should invite Martin Armstrong to finally break with the last of your programming PBD... Rates, Fiscal Policy and Monetary policy may be independent but both can influence inflation... Talk to the expert and invite Martin

  • @rickynorris1694
    @rickynorris1694Ай бұрын

    Dan Bongino is awesome.

  • @do0zer1976
    @do0zer1976Ай бұрын

    There will be no cuts

  • @DavidAdams-qy1gy
    @DavidAdams-qy1gyАй бұрын

    Hello

  • @randyrevert8402
    @randyrevert8402Ай бұрын

    What percent of Americans pay taxes??

  • @rebeccabaca5272
    @rebeccabaca5272Ай бұрын

    Is this platform the new mainstream media 🤔

  • @DavidBaumblatt-Terebinth
    @DavidBaumblatt-TerebinthАй бұрын

    FBI Agent under investigation from the FBI, currently living in China. censored on youtube, found on rumble, interested in an interview, valuetainment. David Baumblatt

  • @sirennoir258

    @sirennoir258

    Ай бұрын

    Are you wanted for treason or something? Why are you banned on X?

  • @DavidBaumblatt-Terebinth

    @DavidBaumblatt-Terebinth

    Ай бұрын

    @@sirennoir258 I have made over 100 videos on rumble answering that

  • @DavidBaumblatt-Terebinth

    @DavidBaumblatt-Terebinth

    Ай бұрын

    dan bongino also blocked me on his twitter

  • @freedomring3022
    @freedomring3022Ай бұрын

    Americans' total credit card balance is $1.115 trillion in the first quarter of 2024, according to the latest consumer debt data from the Federal Reserve Bank of New York. That's down from $1.129 trillion in the fourth quarter of 2023, which remains the highest balance since the New York Fed began tracking in 1999.

  • @ebiedog
    @ebiedogАй бұрын

    Why can’t ppl cancel or boycott the Federal Reserve and all the big banks to get what we want??

  • @bigbirdyolo2885
    @bigbirdyolo2885Ай бұрын

    No rate cuts this year. Quite frankly I have no clue why last December the Fed said 6 cuts for 2024. That did not make sense at all. There’s an indirect correlation in the economy. The word on the street is the stock market is going well, big companies are reporting good earnings reports, but food, energy, and housing are still very high. Credit card usage is at all time highs. A recession is inevitable at this point.

  • @preciousmetals7114
    @preciousmetals7114Ай бұрын

    Stalk up on hard assets Gold silver PM's ect ect...your going to need them before this thing is over ...

  • @reeb9016
    @reeb9016Ай бұрын

    Target letting dudes in the women's bathroom and selling alphabet people crap is keeping customers away. They are really really clueless.

  • @jackhsiehhautecouture
    @jackhsiehhautecoutureАй бұрын

    Economy

  • @Mahabone
    @MahaboneАй бұрын

    Why is nobody talking about how Facebook and KZread are decoding your thoughts. 🖼️

  • @mariehartley6840
    @mariehartley6840Ай бұрын

    Cut Government officials salaries and fix it

  • @ameliam7898
    @ameliam7898Ай бұрын

    $1T every 100 days added to debt

  • @rferg1533

    @rferg1533

    Ай бұрын

    Still won't surpass Donald VonShitzenpantz Trumps $8.4 Trillion addition to National Debt

  • @infinteuniverse
    @infinteuniverseАй бұрын

    Prices can't drop, deflation, because everyone will go bankrupt.

  • @Isz2134
    @Isz2134Ай бұрын

    This aged well 😂

  • @BryanHinderer
    @BryanHindererАй бұрын

    We won’t have disinflation, we are a debt based economy that would be a death sentence.

  • @kevinarrevillaga926
    @kevinarrevillaga926Ай бұрын

    Printing too much money

  • @qpalfredoqp
    @qpalfredoqpАй бұрын

    If rates are cut that will be the end of the middle class, just travel to Oakland or San Francisco and you will see how people are living. Prices need to be cut not rates

  • @miamimarlinreal5176
    @miamimarlinreal5176Ай бұрын

    Luckily I’m rich off golf it’s all about how your born and the work you put in

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