'ODDS OF RECESSION': Strategist gives clues the economy is weakening

Crossmark Global Investments chief market strategist Victoria Fernandez analyzes the economy and explains why Nvidia stock sold off after its earnings beat on 'Making Money.' #foxbusiness #makingmoney

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[tatianastarcic]

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.

[oliviaHill-we]

It's more crucial than ever to have a firm grasp on money management, and navigating economic downturns in these unpredictable times. My main worry is how to increase my $240k reserve, I understand the long-term strategy, but my savings are being eaten up by inflation, and my portfolio is losing value every day. I need to find a solution.

[oneillbilder]

So what are really the best strategies to make our portfolio recession proof. my wife is already panicking, so many questions! will the rate cut next month lead to inflation? I'm very worried about my $1million stock portfolio losing value. It lost 20 % today alone

[KristensenJørgensen]

Market trends can shift rapidly, with indexes often transitioning from a bear market to a bull market precisely when news is most negative and investor sentiment is at its lowest . Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!

[JacobPaula]

This global recession/collapse might end up being a part of us for a very long time. With inflation currently at about 3%, my primary concern is how to maximize my savings/retirement fund of about $680k which has been sitting duck since forever with zero to no gains.

[Dollrnri]

Housing crisis, health crisis, cost of living crisis, debt crisis, inflation crisis. How many crises can a koala bear? I'm approaching retirement with comfortable millions, yet scared of a recession and how to benefit from it. Where do I keep my money?

[CadeCowell-ftfe]

This November elections might really take a hit on the stock market, how can I invest my 250K cash saving to capitalize on the market ?

[BrewerVera]

Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

[DougiesCharlie]

Hallelujah The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻. I was owing a loan of $49, 000 to the bank for my son's brain surgery, Now I'm no longer in debt after I invested $11, 000 and got my payout of $290, 500 every month…God bless Mrs Susan Jane Christy ❤️

[Kin--]

I've owned NVDA for over 8 years. It's been up and down, but I believe in Jensen Huang and will stick with NVDA until Jensen says otherwise. I know that sounds crazy, but when the financial statements/Jensen, (same to me) tell me to sell, I will. I'm sure I won't sell at the top, but that's OK.

[Wowsers]

They changed the definition of recession a few years ago

[brianoleson]

ill answer
we have been in recession since october 2023
we are PENDING for a market crash / liquidity crisis after the pandemic we saw that hadn't been seen in 100 years

[cathychildress]

we are freaking close to a depression not a recession. Come on man

[mikepersico]

RIGHT NOW our country is at its weakest point since i dont know when !!!! Our economy is on edge, we are leaderless, all the civil police are disgusted with what the government and can't forget the military thats been cut down to nothing !!! This country is in such a bad position anything can happen !!!

[Sanchyfab]

I’ve been seeing the same thing. It’s hard to ignore all the red flags—slowing job growth, higher interest rates, and consumer spending dipping. It feels like we’re heading into a rough patch.

[NAHAJI]

When people do not have money to spend, it is pretty clear what happens.

[SamanthaSanchez-sjel]

We Are in Unchartered Financial Waters! Daily challenges have become the new norm, and what we once considered crises are now routine. With the country's economy struggling, I want to protect my $680k savings and find ways to grow my wealth. How can I make the most of my money and secure my financial future?

[Kaustavpatell]

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680, 000 savings vanish after putting in so much effort to accumulate them.

[nunyab]

Been hearing this for the last 3 years

[KarenLynnOlsen]

To combat the negative effect of inflation, it’s a good idea to diversify your portfolio across different asset classes, such as stocks, bonds, and real estate, since this can help protect your portfolio against inflation. I’ve heard testimonies of people accruing over $550k during recessions