We're going to have a significant economic slowdown in the next 12 months, says Holly Newman Kroft
Holly Newman Kroft, Neuberger Berman Private Wealth managing director and senior wealth advisor, joins 'Squawk on the Street' to discuss the market's performance this year, the Federal Reserve's next moves, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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Пікірлер: 170
Typically, we witness certain stocks rise this time of year, but due to the recession and economic situation, that's unlikely now. I'm holding a lot of stocks hoping for profits this month, but I'm uncertain whether to keep holding or sell-off. Since Q2 2022, I've been experiencing losses, and the outlook for investors in 2023 doesn't seem promising.
@carolpaige2
11 ай бұрын
Anticipating a deeper market decline, I recommend evaluating the companies in your portfolio and their future outlook. Exploring expert advice from an investment consultant can assist in reshaping your portfolio and balancing underperforming assets. Personally, this approach has relieved stress, anxiety, and saved me valuable time.
@frankbarnes22
11 ай бұрын
Contemplating the complex market, especially for retail investors like us, has led me to consider seeking guidance from an advisor. I'm curious about the extent of impact advisors can have on portfolios. Is it truly beneficial, or would self-management be wiser?
@emiliabucks33
11 ай бұрын
Unless your strategy involves a decade-long stock holding, a path I find quite sensible, my investment journey has been closely guided by an advisor over the last 2 years. During this period, my net gains have surpassed $560k. Looking ahead to 2023, I remain confident in my approach and the expertise of my advisor.
@frankbarnes22
11 ай бұрын
@@emiliabucks33 That's quite remarkable! Could you kindly share details about your Certified Financial Planner (CFP)? I'm considering making some financial adjustments this year.
@emiliabucks33
11 ай бұрын
Allow me to introduce you to my financial advisor, Christine Jane Mclean. Her expertise in portfolio diversification is truly exceptional, having her as your guide can significantly enhance your investment journey and boost your profits returns
I used to think everybody went broke during the Great Depression and other major crashes but they didn’t… Some made millions, I also thought everybody went out of business during these times but they didn’t, some went into business, there's always depression/recession for some people and there's always a good time for others, it's all about perspective.
@kaylawood9053
Жыл бұрын
First step is discovering loopholes to generate gains during volatility, It is very possible to retire big time from the current market condition without having to hold stocks long term.
@chrisbluebird5037
Жыл бұрын
The issue is people always have the “I’ll have to do it myself mentality” Unapologetically, that’s why the get heavily affected during a crash and coupled with the fact we’ve had the longest bullrun ever in the American history, most folks aren’t equipped to manaqe this crash and it’s impending opportunltles well enough, so it only makes sense to seek proper guidance during these times, that’s what lnvestment-advlsers are for, been using one ever since the pandemc 2020 and I’ve been barely affected by crash, I have $850k in profit sitting in my portfolio and I’m unbothered about the market outcomes.
@selenajack2036
Жыл бұрын
Well if isn’t that the hard truth…this investment-adviser that guides you must really on to something…who is he?
@chrisbluebird5037
Жыл бұрын
It’s a She actually, Heather Lee Larioni. I initially came across her on a CNBC news report then on smartadvisors and I decided to hit her up. Best decision I made to stay afloat 2020.
@mesutserim1595
Жыл 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 résumé.
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
@jessicasquire
Жыл бұрын
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
@Lemariecooper
Жыл бұрын
Despite utilizing the correct strategies and possessing the right assets, there can still be variations in the investment returns among different investors. It is important to acknowledge that experience plays a crucial role in investment success. Personally, I realized the significance of this and sought the guidance of a market analyst, which enabled me to substantially grow my account to nearly a million. I strategically withdrew my profits just before the market correction, and now I am taking advantage of the buying opportunities once again.
@patrickbrussels4454
Жыл бұрын
@@Lemariecooper Please can you leave the info of your investment advisor here? I’m in dire need for one
@Lemariecooper
Жыл бұрын
@@patrickbrussels4454 I am being advised by STEPHANIE KOPP MEEKS , an experienced financial professional. If you're interested, you can easily find more information about her as she has accumulated years of expertise in the financial market.
@patrickbrussels4454
Жыл бұрын
@@Lemariecooper Thank you for the guidance. It was straightforward to locate your contact. She appears highly skilled and adaptable. I have scheduled a call session with her.
Wage inflation? Seriously. Look at other prices. School fees increased by 10% this month and all other kids services increased by 10-15%. 200k in bay area will make you live paycheck to paycheck with some compromises.
She's doubling down on all her wrong. A coin flip is a better indicator than she is.
@gregorysagegreene
Жыл бұрын
Monkeys?
@JorgeHernandez-gp3gu
Жыл бұрын
But why do you think she's hot?
@mandarinandthetenrings2201
11 ай бұрын
Thanks for point that out. A lot these forecast has been so wrong.
Wages increased slightly but housing costs and food had huge increases and now fuel. The ppl are having a rough time.
@brunoheggli2888
Жыл бұрын
Not at all everything is fine,just sell your house and your car and drive a bicycle and rent a small apartement!
Yikes: 1) Ms Kroft has been wrong all of 2023. 2) Claims she is protecting her clients, but I doubt her clients feel "Protected" not participating in any of the gains in 2023.
@PanmanJ5
Жыл бұрын
I think she expected the recession a lot sooner
@harrychu650
Жыл бұрын
If her clients were paying attention, they should have fired her by now.
@jeanmetcalf1263
Жыл бұрын
But her clients are already over 20% of the hole, but not participating in 2023
She should be fired for missing 20-30% YTD bull market for her clients. That said eventually she and all the bear camps will be right while missing out on year long bull market. Just stay invested as none of them have any clues although they sure do try to sound like they have a crystal ball.
@themusic6808
Жыл бұрын
Bull market being led by 7 companies in one sector 😂 take a look at the rest of the market its barely up.
i remember her prediction 10 months ago that mkts won't recover unless Fed pivots.
@harrychu650
Жыл бұрын
Who in their right mind would trust their money to someone who faces no consequences for performing this poorly at her job.
@dr7157
Жыл бұрын
She is terrible.
lady there is no pandemic money left.thats crazy still talking about that
@acornsucks2111
Жыл бұрын
You got build butt better brandon money all over.
@cashmonyz
Жыл бұрын
@@acornsucks2111 avg american is pay check to paycheck no way americans still have it left, thats like 80% americns
@eugenefirebird8938
Жыл бұрын
Every house owner in the USA was given free for doing absolutely nothing at least $200k and many got $500k or more in free house equity gains 2019 - 2022 (fake equity gains from the Fed). That is where almost all of the consumer spending and the general inflation is coming from.
This lady missed all the rally since Oct. Should be fired by clients.
Watching year long bull market from the sidelines she should start re-evaluating her investment process or looking new career.
@baristhealienated
Жыл бұрын
the worst thing is that a year from now, if the market is up 20 percent from where it is today, she would just appear back on the TV as if nothing happened.
@acornsucks2111
Жыл бұрын
she is one of the best in the country...at something.
@Salamander407
Жыл бұрын
@@acornsucks2111😂😂😂😂
@nickb8006
Жыл бұрын
To be fair to her who gets it right every year and catches every trend and sells at the exact right time and then reinvests in the next trend. Clue: Nobody.
@Mike-fx4nu
Жыл бұрын
"year long bull market" In five stocks.
She is right
Sounds like someone’s salty that she missed the rally…
@acornsucks2111
Жыл бұрын
Maybe salty and peppery.
@eugenefirebird8938
Жыл бұрын
When stocks crash, you will wish you were careful.
@joellamas184
Жыл бұрын
@@eugenefirebird8938 and then when they go back up like they spend 85% of the time doing, I’ll be happy I held and dollar cost averaged during the dip. Time in the market beats timing the market.
When these experts say: there will be a recession, the market will go down, we need to be careful," it is a great time to buy.
@eugenefirebird8938
Жыл бұрын
Buy at the all time bubble top huh? NO
@fengzheng581
Жыл бұрын
@@eugenefirebird8938 like Warren Buffet said: never bet against America
@PLASTICPIPE
Жыл бұрын
Let me know if you start buying right now how that works out for you...
@niklas4031
11 ай бұрын
@@fengzheng581🤡😂
Perhaps this is a symptom of having no consequences for performing badly at your job, I would encourage Neuberger Berman Wealth Mgmt clients to consider whether they want to trust their money to the expertise of Holly Newman Kroft.
@acornsucks2111
Жыл бұрын
Obviously you didn't get a date.
@cozyslor
Жыл бұрын
@@acornsucks2111 heh
@dr7157
Жыл бұрын
This woman is clueless. An index fund way outperforms her fund.
Smart...crude...sharp mind and raw honest and professional guy....I loved it..and have seen this video twice...Ready to see it again..Congrats for both of you.❤
Nice to be here on a down day, finally.
Hey Hey, for all you doubters, Holly Kraft told me to " bet the farm" on " Just The Tip" to win the 5th race at Saratoga last week........... Thank you Holly for my new Tesla:)
The world economy is in for a bust. America is pouring trillions in cash to support their economy. But invain. It's like emptying the whole ocean 😂
@acornsucks2111
Жыл бұрын
super.
@vinucini4341
Жыл бұрын
@@zeroinflation-pc8rl 😂
And what does Holly Newman Croft stand to gain from a slowdown? What's her short position look like?
Video starts off with her saying she's been wrong for most of this year.
Im confused. Have we not been in a economic slowdown for the past 2 years. I mean wtf
I love how the so-called experts are so fixated with the inverted yield curve, is that the only metric they use to determine their investments decisions? Experts? Lol
@WalayatFamily
Жыл бұрын
she needs to invert her curves
@chrisginoc
Жыл бұрын
2024 closer to the elections or after will be a good time for the FED to cut
@Galworld761
Жыл бұрын
It has predicted every recession since the 1980s. It is the most reliable indicator. You can’t have rates higher on the front end. It can just take a while.
Finally someone who is making sense. Reality is just starting to set in.
No recession will happen. We spent more than 1 trillion a month in both residential and commercial construction. Although the announced projects declined, they are still higher than 2021 and near all time high. It be a slowdown but not going to be recession.
She's going to need to chase the market and bid up prices. The dip will be bought buy hedge funds .... year end is coming soon and missing the bull market and losing to the index is not a good look.
These people always predict the worst cause they don’t wanna be caught with their pants down and not predict negativity cause their investors would pull their money
Really and Biden told us unemployment was at an all time low.
She said a recession is irrelevant. 🤦🏾♂️
In the next 12 months? Why did she say 12 might as well say next 10 years. Guaranteed to be right eventually.
just a week or two ago everyone was bullish. What changed ?
Good speaker there...finally!
No one knows anything anymore. First it was soft landing. Now it’s hard? Bring back Tom Lee. Tom knows best
Great content and I thank you for breaking it down!! Even in the current crypto dip, I’m happy I can smile back at my portfolio of $86,700 made from my weekly trade within a short period.
@Waylen.
Жыл бұрын
I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.
@henrymaverick5493
Жыл бұрын
Inspiring! Do you think you can give me some advice on how to invest in a healthy way as you are doing?
@georgesimmons4112
Жыл бұрын
I will recommend my current trader Mrs Bernice, she is from USA and her strategies are earning a lot profit for me..
@Sebastian_wright
Жыл бұрын
I would really like to work with your trader, please how can I get in touch with her?
@georgesimmons4112
Жыл бұрын
she often interacts on Telegrams, using the user name.
Is a slow down the same as a soft landing?
These are not professional investor insights. Everything she said has been well known for a year now.
I'm sorry but it's called the 1%. Keeping us down
A "recession is irrelevant" ? And people leave their money with her?
microsoft pulling the AI card was the only thing that caused us to be where we are. what happens next - who knows. certainly this woman is not the one i'd be listening to
Why would any body take a smiling barbie doll seriously for economic advice?
" Getting things done around here how you let me run it down here "
Record credit card debt, delinquencies rising, food prices are ridiculous, housing cost are ludicrous, wage pressures running unabated, and now oil, the only thing that was responsible for the decline of inflationary growth, is up 25%. Even with the wage growth, many families are falling behind as each month passes. Winter is coming, Opec is cutting production. The market is running on nothing short of “hopium”; it is literally a slow moving train wreck. Don’t be the last one off.
@alexnhan8527
Жыл бұрын
don't get your panties in a bunch. Everybody has jobs so they are spending on their cc. Food costs are coming down, look at recent cpi. Wages are up, that's a good thing for people. Only one more month of summer driving season, oil will drop after that. Because China's economy is in the dumps. Russia and Iran are flooding the oil market. The only thing keeping oil up is the Saudi production cuts.
Thursday cpi will show month over month rise. 3.4%-3.7% cpi.
Holly is spot on. Feb/Mar '24 the time cc spending from the "holler days" will hit hard. Main Street now is over its head in cc debt & holler days will just compound the pain.
Aunty misses why labor market is so strong..all the free money thrown by the govt via ira and chips to reshore manufacturing. That will ensure wage inflation continues unabated
Holly gives me golden retriever vibes.....
Construction will be hit hard
Been hearing that for a year and a half lol
@eugenefirebird8938
Жыл бұрын
LOL big laugh whatever
Fear, fear, fear.....They just want to be right...
Cacophony, composed by CNBC.
Less traffic goody
No kidding sherlock? Things are about to implode. Going after the little guys in business and letting monopolies run wild. Great idea if you live oligarchy. "a small group of people having control of a country, organization, or institution."
Bear market rally gots the bulls jizzing their pants 😂 people forget how face ripping bear market rallies are. Take profits or risk being a sucker!
All these financial experts talking their heads off. No one really knows what the hell is going to happen, you take it day-by-day.
Market Manipulation pure and simple. Rinse and repeat.
@eugenefirebird8938
Жыл бұрын
Should be minus two percent for a good standard of living
so what im hearing is she lost alot of money being bearish and now shes doubling down. when she becomes bullish i'll become bearish
if 16 mth after inversion that is around Apr 2024. a recession will happen .
She missed the whole rally. May as well have a monkey managing your money.
These analysts get it wrong and consistently underperform the benchmark s and p. They either somehow keep their jobs or move to another job. She’s been wrong all year long like many analysts on Cnbc
So I guess your not an optimist?
These day to day pieces where they bring in different speaking heads who don't explain their positions or aren't given enough time to fully do a presentation with enough data is no use at all. No great value, growth, ventrue investors gets every year right and cycles in and out of trends perfectly. Might as well just have Cramer yelling 24/7 and get rid of the rest of the talking head presenters. At least he doesn't pretend to know anything.
This woman's voice is like nails on chalkboard
Not sure. The wealth effect from US tech stocks and passive investors in worldwide indices will trigger inflation again next year. Housing is already pumping again. Too much money chasing few assets will drive inflation higher. Passive investing, high multiple mega tech and staples created billions of $ that will chase assets as soon as the FED relaxes. Low multiple stocks, with minimal ownership, are deflating active investors wealth but widely held high multiple stocks have been pumping the wealth effect of most passive investors. There's a bifurcation in the market. Housing is flaring up again according to Zillow. The market has to do the FEDs job, being a (70s) meat grinder of passive investors (mega caps) not the other way around (small, mid, out of favor). I'll look at commodities, if they keep pumping, there's a more structural problem with Inflation next year. We might be in for a lost decade on tech, staples, and housing.
@urbanart7325
Жыл бұрын
Someone please tell what percent of Americans are invested in the stock market. Investing in stocks requires disposable income. How many Americans have that income after working two jobs or are freelancers without basic healthcare. Why do we have in this country more loan centers than Starbucks? Enough with this obsession about the market and stocks. This is the only nation with this obsession.
@mandarinandthetenrings2201
11 ай бұрын
So what that has always been the case. Your not tell us anything new. That was happening before Internet crash of 2000 or the Financial crisis of 2008.
She spends more time on her hair than understanding the markets.
Total nonsense. She didn’t even answer the question. Scripted tape recording. Ugh
Her giddiness about markets being down today shows how short sited she is. Markets up 10 months in a row and she’s telling everyone her call 10 months ago is starting to work. You’re way off but nice try
Praying for a crash 💥
People watching these videos need to understand two key points here: first even bears in this level of AUM are not on sideline and waiting for the downturn to jump on the market, see everything in relative term. Second, bears and bulls come to the show and make their cases and try to sway the public to their side, that doesn't mean they don't know what they are talking about.
Happy Rich People, tellin' us how we're beyond screwed. Youth - no muscle memory of 2008. Barely knows how bad it is, but at least better than the denialist 'hosts'. V2.0 is coming. S m i l e.
🤡 clown
Can't wait for this person to be wrong....again!!! lol
what a voice and accent, ouch
Bidenomics lol.
@SmartestDumbGuy
11 ай бұрын
Fedinomics
$32 trillion in debt and interest rates rising at the fastest rate in last 30 years. What can go wrong?!?
@eugenefirebird8938
Жыл бұрын
How about the government pay their debt back instead of borrowing more more more.
@kungfulender8733
11 ай бұрын
@eugenefirebird8938 for real. And stop rasing the debt ceiling.
Ugh, that voice..
Its a beautiful thing to see a Bloody Red Day! From the looks of it there will be more to come. Bears will soon have the REIGN. BULLS RIP!!!!
Thanks democrats and Biden.
@murraypassarieu9115
Жыл бұрын
My portfolio sure thanks them
@alexnhan8527
Жыл бұрын
The biggest driver of inflation was the 2 stimulus bills that Trump passed. 1 for Biden. MAGAts have no concept of finance.
@eugenefirebird8938
Жыл бұрын
Your "portfolio" is 75% Fed fluff. You are general inflation personified. @@murraypassarieu9115
lmfao they been saying for 2 years now lmfaooo let me guess in 2025 they still say its onng ba e harddddddddd landinggggggg