New York’s Collapse Sparks Panic – This Is Just the Beginning!

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Atlas Financial Advisors, Inc. (AFA) is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Sponsorship does not influence AFA to recommend products or services issued by Gelteq Limited (NASDAQ:GELS) to current or prospective clients.

Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

This endorsement was provided for compensation, this included a formal agreement between Steven Van Metre and Outside The Box Capital Inc. for a one-time fee of $5, 000 for one placement to provide coverage on 12/16/2024 for Gelteq Limited (NASDAQ:GELS). AFA is independent of, unaffiliated with, and holds no endorsements for Gelteq Limited (NASDAQ:GELS).

stevenvanmetre
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I’m from NYC and it’s felt like a recession since covid. Closing stores half empty restaurants empty streets in some areas. No clue where the booming economy is. Also no one is hiring

istvanpraha
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The auto industry is completely screwed! The highest prices ever for the worse cars ever produced!! They can’t even give them away….they have 10k-20k off and they are still sitting on lots!! We are in an everything bubble and it needs to be popped!!

watchesandwheels
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New York got what they asked and voted for....

josierobinson
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"Oh you live in New York?" - get out meow

tyfox
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When 99.9 percent of the merchandise sold by U.S. retailers is schlepped over from China I can't see how a slump in New York has much of an effect on the overall U.S. economy.

AbcDef-iqno
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Well shit. We knew it was coming. They had to create another crisis to justify this shit economy 😂

nationsnumberchump
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You said yesterday, "What Happens Monday Will Shock Everyone". - NOTHING HAPPENED!

BORNGEARHEAD
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New York is not a new York! It's South America!

povarful
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NY is over -- it's been over for a long time !@#$%^&*I

j-ug
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AOC will save the day more people are gonna be uber bike delivery jobs abound. 😂

danielstevens
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7:00 - notably, there was also a significant divergence between services business activity and manufacturing output in the last stages of the speculative melt-up in late 2021. Ultimately, the services business activity followed the manufacturing output down. Considering the sheer intensity of the recent speculative rally, it wouldn't surprise me if much of the services business activity of the past months is in some way or another linked to the financial sector or the windfall effect from the assets rally, and to some extent also the hotly contested presidential election campaign. Therefore, it could be a last hurrah before a hard landing.

cvrart
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NY could be gone but investors only care whether NYSE exists and DOW/NASDAQ keep going up.

KT-fvit
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Salaries are Not keeping pace with expenses, plain & simple!

patrickkerner
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Honestly love the FRED chart. As time has passed, you can more clearly see the normalized curve in unemployment sans the pandemic spike.

jfernsten
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BIDENOMICS & MAGA = BANKSTERS PARADISE 🎉

PonziZombieKiller
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New york is new Venezuela thanks Obama.

ricardoflores-oymv
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Whatever it was, it didn't panic the markets. Another day of ripping higher and bears getting destroyed, pretty much a daily ocurrence at this point.

davidtunstall
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Please explain how those weirdos in NYC to stop making decisions for the rest of NEW YORK. I really wish most people did not associate the State with the City

autoalchemist
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And they are increasing electric rates and taxes, along with pushing more green agenda.

LinnTractorNut