The 2023 Recession Is Cancelled…?

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Is the 2023 Recession Cancelled?

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Andrei Jikh
4132 S. Rainbow Blvd # 270
Las Vegas, NV 89103

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*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
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My bank account is cancelled either way.

xAudio
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If we aren’t in a recession because the goal post has been moved, then we probably won’t ever be in a recession again.

TheShaolin
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Yep, the official one is "cancelled" and were going straight into a depression lol

knappieboy
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Really love your videos, it’s so awesome to have someone just explain things without being hype or doom and gloom. You’ve really hit a niche here I think. People that want to talk finance without it ruining their day 😂

Jerconjake
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Yet, 80% of citizens are living paycheck to paycheck, and credit card debt is off the charts.

outofshapecartoons
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tomorrow's topic, 2023 recession is not cancelled 😂😂

VV-lrxe
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75% of consumers are living paycheck to paycheck.... Where are these savings they're counting on.

rangerdoc
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And I'm calling it now, no rate cuts till 2024. No way on earth do I see the FED cutting rates unless a major black swan event occurs.

darrendent
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Recession = 2 quarters of slower economic growth. We've been in one for about a year. They just redefined it.

danmanr
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The smell of Recession is in the air. Save an emergency fund and pay down debt. If the Recession doesn't come, you will still be financially better off.

dodgerblue
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The share of Americans with credit card debt has never been higher as more and more people are being forced into debt just to pay their rent and for their groceries. Meanwhile wages are stagnant while the cost of housing has skyrocketed. There is going to be a recession, and we will be better off in the long run when it does occur.

dirtydinner
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Sounds like stagflation. This has been painful for those of us under 100k / yr

Kevin-eqqo
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Pet food, treats and accessories up 14% I always purchased more than i need so thats a big help. Rescues & Adoptions.

BirdsR
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We are currently in the recession and GDP will be revised negative. Too many hiring freezes and people having trouble finding work. But recessions are not a boggyman. They are inevitable.

dougmorse
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It’s far from cancelled just pro-longed…. You guys expect things to happen overnight…. High rates will be here for longer and there is a lag until it reaches the economy.

MVPTC
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Thank you for breaking down interest rates for those of us who didn’t fully understand prime vs fed rates.

Very helpful and you do a great job of explaining.

NahBra_EUC
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History will show that this is the second dip of the double-dip recession. We just aren't allowed to talk about the one that happened last year. Unreal that we pretend that we didn't have a recession in 2022.

sidehustlefinance
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Almost like we have been in a recession the entire time.

Noah-pror
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Nicely done. Your video is High-quality, it is almost, if not All ready like a NETFLIX/ meets CNBC Documentary.

kurtislawrence
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That explanation of inflation was worth the price of admission alone, thank you!

twiair