The Big Market Crash Coming? | Yale Professor & Economist

Kevin on Tik Tok and Twitter: @ RealMeetKevin

This is a stimulus check update and stimulus check news update with the latest on stimulus checks, the stimulus plan, congress's actions on stimulus, and more stimulus and financial news and updates for stimulus checks round 2.

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As of October 6, 2020, Donald Trump ended all stimulus negotiations between the White House negotiators (Treasury Secretary Mnuchin, White House Chief of Staff Mark Meadows, Speaker Nancy Pelosi, Leader Mitch McConnell, and more). Trump tweeted ending all of these negotiations. However, Trump is now suggesting stand alone stimulus bills to provide: Stimulus Checks, stimulus unemployment, stimulus via PPP (Paycheck Protection Loans), stimulus for airline bailouts, and more. The Federal Reserve is demanding more stimulus and Trump supports more stimulus money, though the tension between Trump and Pelosi is too high to strike a deal at this point.

On October 7th, the Problem Solver's Caucus stated there was a miscommunication on stimulus talks and stimulus deals, stimulus checks, and stimulus packages are actually much closer than they appear.

On October 8th, Donald Trump says stimulus talks are making good progress and are back on! That they're talking about airlines, a bigger package, and $1,200 stimulus checks! He said things didn't look too good two days ago on a stimulus deal but now stimulus talks are back full-steam ahead and are looking very promising! Donald Trump thinks we have a really good chance of doing something on stimulus talks.

On October 10th, Nancy Pelosi rejected Donald Trump's new offer as too low.On October 10th, Nancy Pelosi rejected Donald Trump's new offer as too low. Although on October 11th, Nancy Pelosi updated her letter - which addresses leftover minor details. October 12: Kayleigh McEnany says republicans WILL vote with Trump. October 13: Nancy Pelosi argues that the Republican's and Trump proposal for 1.8 trillion dollars in stimulus ignores proper child care money, worker protections, and strict rules for testing, tracing, and treatment.

On October 15, 2020, Donald Trump says I would pay more stimulus money and give that money to the workers. Mnuchin will be in the middle east between October 17-20th. On October 18th, Nancy Pelosi gave the White House 48 hours to get a deal done prior to the election. On October 20th, the 48-hour deadline lapsed but moved into a new phase of negotiations - where committee members are now working on technical language to resolve minor differences in the bill. On October 21st, Mark Meadows believes that we can come to an agreement if we can get tax credits for manufacturing and on-shoring (preventing jobs fleeing China).

Stimulus update and stimuls news.

If you need Food Aide (food stimulus) for children 18 and under, the Summer Food Service Program has been extended through Dec 31:
Text: "Summer Meals" to 97779
Call: 1-866-348-6479

[jessedavis]

In an environment where realising a healthy return on investments is proving more challenging people sometimes look to alternative investments to fill the gap.

[VaddyFC]

I'll give you guys a ticker to buy if you want to park your money somewhere safe, with limited downside. Buy PSTH, first and foremost the absolute bottom is $20 if PSTH fails to find a company to merge with (highly unlikely) it is currently priced at a little over $22, but if a company is announced it could double, triple, quadruple in price a lot quicker than a traditional savings account. This ticker is a SPAC and it is lead by Bill Ackman one of the best investors in the world, his target companies to reverse merge with are Stripe, Bloomberg, and who knows but it will be the biggest SPAC yet valued in the multi billion dollar

[NicloasSmith]

Real estate was not profitable for me though it was lucrative at first.☹️
Don't see it crashing anytime soon.

[justinwood]

I thought you said you are going to shave head if no stimulus by

[aguyghow]

Great discussion .. and I do need to remind myself GOLD is up another 23.3% this year on top my 22% it paid in 2019.

[Mistyfgdf]

Cant wait to see Kevin without hair :^)

[CEBE]

No expert ever says pull out of the market. Even if they see it coming, they still wouldn't say pull out. Encouraging a sell off is insane. That said, it ain't stopping companies from pulling out lol.

[MrTedTederson]

In feb and March we thought millions if not tens of millions would die a horrible death and it was the plague all over again. The reality in November is even second wave of cases still puts it a bit above flu & pneumonia but well below cancer or heart disease in terms of mortality rate- especially in the US. Its more nuisance than humanity killer. 75 year old trump- with terrible fitness, terrible diet, high stress & little sleep was back to work 48 hours later and didn't skip a beat. We have a far different knowledge base than we did 8 months ago

[SlowedChillMusic]

*Shocked face thumbnail *
(Insert doom & Gloom headline that Kevin slowly debunks throughout the video)

[yeslife]

Seems like the only time people aren’t talking about the market crashing, is when it’s crashing! 🤔

[MattTheMortgageGuy]

OK MARKET, crash already. I'm ready to go SHOPPING!

[MemePatroleum]

when you find out the daylight savings time ends at 10:28...👀😂

[LifeCoach]

The CAPE ratio is commonly misrepresented as an indicator of a crash. It’s meant to indicate how expensive stocks are, which makes for a reliable indicator of future returns.

[oopsdididothat]

I like Kevin, took some time. Though I like him now and his approach to the market / politics.

[Rob-sdeh]

Thank you for your insight. Always enjoyable to listen to you.

[JackDuffley]

Pulling out of the market completely is a bet against the Fed and government spending in the short to medium term

[sethhall]

Personally don’t believe Clorox is a good company to look at for a cash reserve for panic in the market. Due to COVID and the sales skyrocketing. What other significant companies aren’t keeping a cash reserve linking to a non stock market crash?

[tyrist]

Looks like Professor Shiller is streaming from the year 1995.

[bigchief]

Kevin is a prime example to learn from when you have hope for your government and politicians you'll end up having to shave your head🤣😭💯

[Heather-lqhg]

I’m a fan and watch all your videos...but 3 ad interruptions in 11 min?!