I Think The Recession Just Started...

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▶CHAPTERS:

00:00 Intro
00:10 U.S Inflation Extends Cooling Streak in August
01:48 Energy, housing & consumer spending
02:46 U.S Labor Market
03:23 Market Reaction To Fed Signals
03:46 ECB Rate Cut
04:11 Federal Reserve Rate Cut Projections & ECB Rate Cut Projections
05:11 Economic Challenges In The U.S & Europe
08:06 Yield Curve Inversion & Normalization
08:32 U.S Market Expectations
08:59 Historical Context
09:15 Yield Curves To Watch
09:34 Market Misjudgment and Investor Overreaction
09:54 Inflation Stabilization Possibility
10:39 Uncertainty In Recession Predictions

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▶EXTRA

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These are some fun words: Caleb Hammer, financial audit, Graham Stephan, Dave Ramsey, Ramsey Show, George Kammel, Rich Dad Poor Dad, Podcast, Budgeting, Investing, Stock Trading, IRA, Roth IRA, 401k, health savings, HSA, 403b, college costs, student loans, debt, snowball, avalanche, pension, retirement, financial independence retire early.
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▶*Some of the links and other products that appear in this video are from companies for which Caleb Hammer will earn an affiliate commission or referral bonus. Some of the offers mentioned may no longer be available. This is not investment advice.

[donovantobs]

I foresee a recession lasting a while, and if inflation continues to surge, the Federal Reserve will likely raise interest rates again. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate and market crash, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300, 000, yielding almost no gains for quite some time.

[austinbar]

Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2024. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.

[tinsleyLuna]

Recessions are an unavoidable part of the economic cycle; all you can do is prepare for them and plan accordingly. I graduated into a slump (2009). My first job after graduating from college was as an aerial acrobat on cruise ships. Today, I work as a VP for a global corporation, own three rental properties, invest in stocks and businesses, run my own company, and have increased my net worth by $500k in the last four years.

[bigman]

There’s a big misunderstanding among wealthy people that watch the economy. They’re very disconnected from the situation on the ground. Walmart isn’t experiencing an increase of regular people shopping at their store. They’re seeing wealthy people start to shop at their stores. Normal folk are shopping at places like Aldi and other similar locations.

[rjechols]

You, along with my girlfriend have totally changed my life, since I started watching your videos I have paid off over 10, 000 in bad debt, cut my bs spending drastically and saved up almost 6000 dollars. Thank you Caleb, crew and Bailie!!! ❤

[KH-vpni]

Mid class blue collar here getting totally effed. Not poor enough for any gov assistance not rich enough to pay my bills and feed my family with this inflation..

[mkusler]

When it comes to inflation, what so many poeple fail to understand that although the rate of INCREASE has returned to a normal "figure" that doesn't negate the inflation that already occurred, which is why people are struggling because the rate of INCREASE for wages did not remotely keep up.

[theneatgeek]

Spending at wal mart increases when people are doing bad. One of the cheapest places for groceries. Gotta look at stores like Whole Foods and companies that sell unnecessary items to see consumer health

[wescals]

I'm 25, have 2 kids, a wife in nursing school, I make 80K working construction. I am scared for the future of my family. We can hardly afford rent let alone a mortgage, and I need to stay in my metro area if I wanna keep making this kind of money, EVERYTHING is expensive. My parents think "you're doing great, you're making more than me!" Inflation and taxes are killing my wage. Monthly expenses are draining my savings. But I'm glad Walmart is doing good!

[Caldwell-cn]

Everyone seems to focus on price patterns, but volume often gets overlooked. I've been learning it more and believe that mastering volume with price action really enhances technical analysis!

[commonsense]

Remember when $200 filled up the cart at the grocery store 😭😭

[captainhydrodus]

JUST?! Dude the books are so cooked it's just a charred lump. Of course it's happening. The CPI is continuously recalculated removing most essentials.

[LeadfootFabrication]

My groceries are still double from 4 years ago

[Joce]

At the Dollar Tree today in a Minneapolis suburb.
I got the last package of Triple A batteries off of the shelf at a $1.25... Now they are $3 a package... That's a lot higher than four percent inflation.. The breakfast burritos.
for a $1.25 are sold out... Now the only food available starts at $4... Again not even close to the 4% inflation.

[Revert]

I am on an Indian Reservation in Northeast Montana….just paid $4.69/gallon. Rural America is still getting killed.

[FKenyan]

Love this style of video, please keep them up!

[TheRestrictedgamer]

Inflation may be back to "normal" levels, but wages and salaries still lag far behind. The fed saying we're back to normal inflation and not doing anything else about it is like the lead car in a race being laps ahead of the next car, and deciding to "only" keep their current lead instead of extending it even more.

[jairovilleda]

Haven’t we been in a recession for like 2 years already?

[yungthugmuffin]

3 seconds ago and 0 views? you fell off caleb

[boulderingbadger]

Still uncomfortable with Caleb calling me pookie.