Looming Recession

Leading Wall Street economist Nancy Lazar says 19 states are already in recession as consumer debt levels rise and confidence declines.
WEALTHTRACK episode 2047 originally broadcast on May 18, 2024
More info: wealthtrack.com/with-consumer...

Пікірлер: 73

  • @michaelswami
    @michaelswami14 күн бұрын

    A brilliant analyst interviewed by a brilliant interviewer. Excellent on both your parts.

  • @phillips3007
    @phillips300710 күн бұрын

    Peter Lynch “more $$ has been lost by investors anticipating a recession than in a recession itself”

  • @jpsmith9452
    @jpsmith945214 күн бұрын

    I need to start following Ms Lazar. Her analysis seemed brilliant. And her knowledge encyclopedic. And of course Ms. Mack is the gold standard as always.

  • @johnbirman5840
    @johnbirman58405 күн бұрын

    Now that’s what you call: “Hitting the road at a pace” Impressive woman.

  • @jjohnson5014
    @jjohnson501414 күн бұрын

    Lots of useful information in this vlog

  • @thach0x0
    @thach0x012 күн бұрын

    Inflation peaking out and the corporate earnings rebound since 2 years ago .The market looks robust

  • @chessdad182
    @chessdad18214 күн бұрын

    The population does seem divided into the have and have-nots. A recession is inevitable. But I'm trying to keep things going with all my home repair projects.

  • @billdaker1120
    @billdaker1120Күн бұрын

    Excellent incite, Nancy!

  • @mooseandsquirrel6267
    @mooseandsquirrel626713 күн бұрын

    July 6, 2021 - "Economist Nancy Lazar Says Current Inflation Is Transitory". She also predicted a recession in the second half of 2022. What a clown.

  • @765lbsquat

    @765lbsquat

    12 күн бұрын

    Nearly all economists are clowns that speak in hindsight 20/20 bias. They never predict anything right but toot their horn after the fact

  • @detectiveofmoneypolitics
    @detectiveofmoneypolitics14 күн бұрын

    Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊

  • @kevinbarrett3706
    @kevinbarrett370613 күн бұрын

    Best Financial Show on TV or Internet

  • @barryholiday8998
    @barryholiday899814 күн бұрын

    Thank you, Consuelo

  • @YoungmillionaireFl

    @YoungmillionaireFl

    14 күн бұрын

    I feel like she’s my aunt.

  • @gabriellelee7119
    @gabriellelee71197 күн бұрын

    Great wealth of information. Thank you both!

  • @goodbooks5134
    @goodbooks513414 күн бұрын

    Thank you for the enlightening market information! Amazingly insightful!

  • @thomasotoole3212
    @thomasotoole321212 күн бұрын

    One of the shows worth watching.. Real World advice..

  • @jaymcconnell3840
    @jaymcconnell384014 күн бұрын

    Wonderful program. Thank you!

  • @jaymcconnell3840
    @jaymcconnell384014 күн бұрын

    Thanks!

  • @cashflowyield
    @cashflowyield14 күн бұрын

    Great discussion as always, thanks.

  • @TrueMarketLeader
    @TrueMarketLeader14 күн бұрын

    excellent interview

  • @scottprice4813
    @scottprice481314 күн бұрын

    With the new highs and quite extended markets any way you want to measure it I’ve been selling everything that isn’t nailed down . I don’t need the last ten percent and neither do the Walton , Gates and Buffet families it appears .

  • @ohthatpaul

    @ohthatpaul

    13 күн бұрын

    Selling does guarantee you will miss any future downturn but it also prevents you from participating in any upward movement. I think trying to time when the market is overpriced is really hard to do. It's easier and usually more profitable to just buy and hold. As long as you have a diversified set of stocks or stock index funds or ETFs you will do fine. Unfortunately, the only time it's clear that there's a downtown is after it's happened and that's when it's the worst time to sell. Instead, just ride the ups and downs with the rest of us. Over time, you will probably do better than by changing course with your perceptions. Ms. Lazar is probably right about the Fed policy -- I guess to kill inflation we need to bring the hammer down by putting interest rates further up and if we don't, inflation will keep eroding away assets -- but I don't think anything beats buy and hold a large group of diversified stocks over a long time.

  • @bkfabs
    @bkfabs14 күн бұрын

    Excellent interview! I really enjoyed the knowledge and expertise of your guest.

  • @laoxutouzi
    @laoxutouzi12 күн бұрын

    Best investment video in youtube

  • @PH-dm8ew
    @PH-dm8ew14 күн бұрын

    which companies have had horrible earnings?

  • @samash1704

    @samash1704

    14 күн бұрын

    Earnings Season Beat Rate: 64% - Beats: 1697 Misses: 968 Take-Two Interactive Software, for example, had a consensus EPS of 9 cents, but their actual was negative 17 dollars.

  • @bdek68

    @bdek68

    13 күн бұрын

    Because a company beats a very low bar doesn’t mean earnings are good!

  • @lawrencefeldman462
    @lawrencefeldman46213 күн бұрын

    Great interview. Nancy said a lot to get my attention.

  • @robertbender73
    @robertbender7313 күн бұрын

    Concise and direct analysis

  • @anepartners9603
    @anepartners960313 күн бұрын

    Great video and thank you Consuelo. Question? Good morning, If most money managers cannot beat the market, why should we as individuals be in the market if we are not better than the professionals..

  • @ralphsaldivar3398
    @ralphsaldivar339814 күн бұрын

    Nancy Lazar needs to replace Yellen. She really seems to know her stuff along WITH the ability to elaborate her stance. Props

  • @ydifrancia
    @ydifrancia14 күн бұрын

    I wonder what makes her think Japan's economy is solid. Their latest (2024 Q1) GDP is down 2% and consumer spending has been down for the past four quarters.

  • @765lbsquat

    @765lbsquat

    12 күн бұрын

    Japan will bring in the sex robots and start a revolution

  • @ThePurpleSnork

    @ThePurpleSnork

    11 күн бұрын

    I think any signs of life whatsoever out of Japan has people excited. Everyone would love to have a country like Japan (strong US ally, business friendly, innovative, etc.) doing well as an alternative to the USA market.

  • @onlywenilaugh6589
    @onlywenilaugh658914 күн бұрын

    KZread doom and gloomers have been preaching recession recession for over 2 years now. i know there is lag but none of this even come close so far.

  • @tonymanos363

    @tonymanos363

    13 күн бұрын

    I am in the construction business building warehouses nationwide and our sector is clearly in recession.

  • @bdek68

    @bdek68

    13 күн бұрын

    Are you joking!!

  • @onlywenilaugh6589

    @onlywenilaugh6589

    13 күн бұрын

    @@tonymanos363 Tell that to the numbers, I guess.

  • @onlywenilaugh6589

    @onlywenilaugh6589

    13 күн бұрын

    @@bdek68 About what? unemployment low, haven't had slow down everyone predicted. Not sure what you mean about joking.

  • @bdek68

    @bdek68

    13 күн бұрын

    @@onlywenilaugh6589if I need to tell you how bad the economy is than you are drinking the kool aid! No need, best of luck

  • @ZoyaSharova
    @ZoyaSharova12 күн бұрын

    Very useful information that will be useful in life.

  • @lulubelle551
    @lulubelle55114 күн бұрын

    She like so many on Wall Street are clamoring for the low zero bound rates, QE and money printing.

  • @clifftanch
    @clifftanch14 күн бұрын

    Have respect for Nancy Lazar. At ISI, she held up work standards for financial market economists that were admirable, but I find it hard to square some of her assertions here with other evidence on the macroeconomy: Principally, credit spreads are so tight it is hard to see a Recession looming. Her characterization of bank lending standards tightening seems at variance with SLOOS. I strongly disagree with the remarks on consumer debt, where debt service as a percentage of disposable income is below where it was pre-Covid. I do agree with NFIB, which to me is a sign Biden is going to lose.

  • @MangoFlamingo
    @MangoFlamingo14 күн бұрын

    are they this high

  • @mvexler
    @mvexler13 күн бұрын

    Great narrative based on current data

  • @user-py7wp6nw9h
    @user-py7wp6nw9h14 күн бұрын

    I love Nancy! Big fan and still cute after al these years!

  • @davidduffy2046
    @davidduffy204614 күн бұрын

    She has predicted six of the last two recessions

  • @YoungmillionaireFl

    @YoungmillionaireFl

    14 күн бұрын

    What’s her name?

  • @VegasVaron

    @VegasVaron

    14 күн бұрын

    🙂

  • @jpsmith9452

    @jpsmith9452

    14 күн бұрын

    Which ones?

  • @bdek68

    @bdek68

    13 күн бұрын

    You seem like a bag holder😂

  • @jpsmith9452

    @jpsmith9452

    13 күн бұрын

    @@bdek68 when I need to be.

  • @dassa0069
    @dassa006912 күн бұрын

    Gold is the only money you can trust.

  • @ColdPotato

    @ColdPotato

    11 күн бұрын

    How long can a person survive eating gold?

  • @lowtech_1

    @lowtech_1

    8 күн бұрын

    You don't eat it. 😅. Personally I wouldn't eat dollars either.

  • @ColdPotato

    @ColdPotato

    7 күн бұрын

    @@lowtech_1 you pay enough and they'll add it to you ice cream in New York.

  • @dassa0069

    @dassa0069

    7 күн бұрын

    @@ColdPotato Gold is the only asset that is not simultaneously someone else's liability. A word to the wise is sufficient.

  • @dassa0069
    @dassa006913 күн бұрын

    Hyperinflation will destroy value of cash.

  • @firstlast8258

    @firstlast8258

    12 күн бұрын

    Too late

  • @dassa0069

    @dassa0069

    12 күн бұрын

    @@firstlast8258 Clown!

  • @firstlast8258

    @firstlast8258

    12 күн бұрын

    @dassa0069 yes you are

  • @BRuane-pw6xq
    @BRuane-pw6xq13 күн бұрын

    Sure any day now . Heard this for 2 years now. Every GOP President since Hoover has had a Recession ALL of THEM different weak excuse each time but ALWAYS a RECESSION ALWAYS. Vote GOP get a Recession.

  • @firstlast8258

    @firstlast8258

    12 күн бұрын

    Two wings of the same dying bird 🤓 🖕

  • @georgewilson7706
    @georgewilson770613 күн бұрын

    This women is clueless and doesn't know the exact same thing happened in the 1980s.

  • @firstlast8258
    @firstlast825812 күн бұрын

    Too late for most 🤓 🖕