Wall Street investors remain braced for a recession. But a turndown hasn’t yet materialized, due to strong demand from U.S. consumers. Spending makes up roughly 68% of the U.S. economy. It’s remained strong amid high inflation as high-income Americans draw down generous savings accrued in the pandemic. Lower-income Americans who may have exhausted their pandemic savings are increasingly turning to credit cards to finance daily life.
Chapters:
00:00 — Introduction
01:15 — Budgets
04:24 — Credit
06:13 — Split economy
Produced by: Carlos Waters
Supervising Producer: Lindsey Jacobson
Graphics: Christina Locopo
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How The U.S. Is Stalling A Recession
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Well a democrat is "in office" so, of course the libtard media, will frame it just perfectly, for you.
This whole video is glossing over alot of crucial points and just casually blaming the average consumer for legislative issues.
We all don’t got rich parents .
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Reporting scammers and bots
It is not
but 60billion to Ukraine no problems
… staving off a recession? We are IN ONE by all former benchmarks. And every person in my generation and financial situation is being hammered by it.
Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency.
With a decreasing ability to control inflation and a reduction in stock and oil trading, it seems that a new multilateral world order is on the horizon
Who is funding the Illegal Invasion into America? Google UN and their NGOs! Spending BILLIONS of US donations to fund the destruction of America 😮. WAKE UP PEOPLE, America is under attack by AMERICAN PROGRESSIVES (dogwhistle: fascism & communism).
Women s u r on your own
Basically america just keeps kicking the can, which is hurting everyone involved.
The number doesn’t really matter. It’s all relative to the wealth generated as a society.
The way that people spend their money has changed in the last decade. My girlfriend virtually owns nothing but finances everything. Her phone, car, apartment, funiture, and in some cases her food and clothes. Her friends are no different. It's wild! Her life style is based on credit. I honestly think we need a recession.
big trouble stirring up in big brother land
You voted for this.
Thats the problem too many people spend dont save they will b sorry we have to eat so u have to spend
How many of these laborers are illegal immigrants? And have they included this into their databases?
usa is pulling the bandaide off slowly.
All these talk doesn't mean a thing when my salary doesn't go up to equal the increase of goods.
yeah… spending money in chinese marketplaces instead of our own… feels like I'm earning 5 times more this way… but detrimental to our marketplaces..
How many scammers on this post…lol. All of these "financial advisors" ready to take your U.S. dollars and spend them in their country….be smart people.
There is no US Leadership across the isle. Its clear as day that the US is on a path of self destruction. We sre no longer able to unsustain all key aspects. A house divided cannot stand!
I have a beautiful wife of 39 years. 7 children together and presently 5 grandchildren. Also, fortunate to had been young enough to have known of what was an American Dream, and achieved it.
I started my business after leaving the service in 1982. With sacrifice hard work, great people surrounding me we have become a successful private company. Rock solid as of today.
If I ran my organization like our government runs, it would have failed long ago.
Hold on to your boot straps. Our military is in a slow fade. You know we are only holding on by borrowing from creditors. No financial stewardship anywhere to be found in our leadership. Remember the borrower is always a slave to the lender.
We are now in the forefront of a major disruption! Do not kid yourselves!
Our:
Durability
Vulnerability
Volatility
Viability
Is fragile at best!
Has been jeopardized by those we have supposedly had but our trust in. They have been driven by greed, dishonesty, disloyalty, and living in a pool of lies. Morality is not popular. Truth is not acceptable.
1. The age of urbanization is not heading in a healthy direction.
Accelerating technological changes which is moving to quickly to allow controlled growth
Challenges of an aging world. There is a very good book that is available today which identifies exactly what has happened, is happening, and will happen! Its be on the best seller list longer than any other.
Greater global connections that is extremely disruptive! The WEF is in full swing 😮since forming in 1971. Do your own homework. One extremely important value my service in the USMC taught me, was to KNOW OUR ENEMIES!
The US has run its course. It's about to become the largest third world nation in history. It sad to see this is taking place.
Every known empire throughout history has fallen. That is a fact no debating that one.
This is no next big economic boom in the horizon for America.
I served 8 years in the United States Marine Corp defending our freedom's. All of those who served before me, with me, and after me will always stand proud together. It is just so sad to see where we are today as a nation and as a global society!
What I think happened, is people who saved all of the free Federal money during the lockdown are now over dipping onto those savings and now resorting to credit cards to maintain a lifestyle they had quickly become accustomed to. And currently, those credit card bills are beginning to rack up with high interest rates and now people are "forgetting" to pay those bills off.
It surprises me why everybody gets really worked up about recession and inflation data. Inflation has always existed, and people have been using investments to beat the inflation. The stock market return, for example, always beats inflation. I heard of someone who invested $121k last October, and has grown the portfolio by more than $400k. I need recommendations that can give me similar return.
Capitalism is a scam.
US lost in war against China
The impending recession and the Federal Reserve's announcement of an interest rate increase have investors very worried. As for my $600,000 portfolio, I'm not sure what to do with it yet. because even in the event of a recession, interest rates might not rise further and the Fed might not be hawkish.
The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.
usa was great 1980-2006 ,,nowdays not anymore ,, i dont see a german or swiss person risking their life to come in usa ,, just people from very poor and corrupted country
America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
Can you please call the masses of pooky
I want to invest $400k in profit-yielding dividend shares but am not sure which to buy into because dividend-paying stocks don't give rapid price growth and can provide a steady income stream.
They've been talking about a recession for the past 3 years 😂 live within your means and invest in yourself be it continuing education or a business, and you'll weather most storms.
Well said Comcast Corporation! Meanwhile the rest of us peasants will continue to pick up crumbs from you to survive. You know, that 'Trickle Down' kind of crumbs.
Chickens will come home to roost very soon….
USA already in a recession, its just not in the media now till trump becomes president and they gonna spam it on news to blame trump lol
Why dont we get to work and bring up the economy again back are we going to let out nation go down or are we going to take the finget out the ass and get to work
This women sounded the worse. I like spending and I never concern myself with cost for food. SMH This just spells financial immaturity. So because you never care, paid attention now it is the economies fault
Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency. With a decreasing ability to control inflation and a reduction in stocks and oil trading, it seems that a new multilateral world order is on the horizon.
Yeah they need to get through the next election before letting it drop
There seems to be skepticism amongst investors regarding the Fed's plan to continue increasing interest rates until infloation is stabilized. As for me, I'm in a crossroad, uncertain whether to invest $150K into my stock portfoli. What is the best strategy to capitalize on this current market.
A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
That asian girl priviledge and sense of entitlement is on full display. You have a well paying job and like to spend money so can’t save for a home so I move back with my parents so I can continue to waste money and maybe save a little.
With all of the current events, what is the best approach to profit from the present market? I'm still debating diversifying my $400k stock portfolio to obtain some profits while minimizing risk.
Credit card debt is stupid. Pay down those 25 percent cards. Only buy on credit what you can pay off at the end of the month.
Powell singlehandedly is the cause of inflation. The increase in interest rates makes it harder for businesses to operate by making loans more expensive; this is true across all business sectors……….
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