What's the economic outlook for 2024?

NBC’s senior business correspondent Christine Romans says 2023 was supposed to be the year of the recession, but it ended up being the year of resilience. She breaks down the outlook for 2024 with interest rates, the housing market and the stock market.

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What's the economic outlook for 2024?

#Economy #Business #Consumer

[chadgriffith]

I’m closing in on retirement, and I'd love to move from Minnesota to a warmer climate, but home prices are ridiculous now. Do I go ahead with house purchase anyways, or look at other sectors of the market like stocks that's doing quite good now?

[reallifefaith]

If you have nothing to offer other than anything is possible, it's not an interview.

[Jhihmoac]

The blatant greed has turned much into garbage, and what can you get from garbage?

[HelleGuinle]

Won't happen, companies have made very thin profits.2024 Will be the year of reckoning, overhead costs will be dealt with, and cuts will be made. I'm throwing this out there, but I say unemployment will hit in 24 around 4.7-5%. Good luck to all.

[austinmcguin]

I CLICKED ON THISE ARTICLE FOR INFORMATION, BUT NEVER HEARD PEOPLE SPEAK SO MUCH AND SAY

[MapleovBacon]

What does it matter if gdp goes up and inflation goes down if prices keep going up compared to my wage?

[AshtonGrace]

Great video! For 2024, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

[Caliblazeup]

Im a working man and bout to quit my job and No one needs to work in america anymore. Enjoy life instead without slavery from this government that dont care about you

[keithmiller]

What is she talking about? The recession is higher than ever

[sean]

we are on the verge of global recession, the question is if it becomes a depression, because recession is 100% inevitable by the end of the year, more than likely by mid year

[sergiofernandez]

El pensamiento más sabio que ronda por la mente de todos hoy es invertir en diferentes flujos de ingresos que no dependan del gobierno, especialmente con la actual crisis económica en todo el mundo. Sigue siendo un buen momento para invertir en oro, plata y monedas digitales (BTC, ETH.... acciones, plata y oro)

[markwells]

It shouldn't take 4 years to get the housing market, fuel costs, and food costs back to pre covid. They say spending is boosting the economy but credit card debt is at an all time high...

[JordanMcMonagle]

The returns on bonds, particularly on the longer-term ones such as the 30-year and 10-year bonds, have witnessed a decline. This suggests sustained demand despite the significant supply, indicating a prevailing inclination towards safety.

[commonsense]

Markets are going to dive when they open tomorrow, or they're entirely rigged.

[IriNunez-os]

You all are forgetting about the homeless suppressed into poverty.

[Nirobiscloset]

We are in a recession. She sounds silly!!!!

[codycoldbrewski]

Every now and then I’ll tune into mainstream media to see if it’s still pure propaganda or real journalism and yup still propaganda

[mostlypeacefulcitizen]

What nobody seems to be talking about is how this flood of immigration also puts pressure on inflation particularly of food and housing. Prices are set by the market with supply and demand in play. With millions and millions of new mouths to feed going to specific parts of the country demand increases dramatically. As a result these parts of the country will experience more inflation than the rest of the the USA.

[fastm]

Well i hold 2.50% I'm not going to sell this year or next because this is a slow moving ship. You really think everyone sitting with a low interest to sell not going to happen

[walkerhaw]

A great depression worse than the previous one.