Is A Recession Coming In 2024? | Money Mind | Finance

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Should you be bracing for an impending slowdown in 2024?

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30 COMMENTS

  1. Recessions are frequently caused by outside forces, and it seems that the US dollar is becoming less of a government reserve. A new multilateral world order appears to be approaching given the waning capacity to manage inflation and the decline in the trade of stocks and oil.

  2. This constant threat of recessions to get clicks for these dumb videos is laughable. Still waiting for the recession they said was coming in 2022 to start. 😛😛😛😛😛

  3. In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

  4. In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

  5. Given the uncertain economic conditions and heightened global tensions, I'm considering investing over $400k in stocks. However, I'm uncertain about how to minimize potential risks.

  6. On a brighter note, every recession comes with an equal chance in the fin-mrkt if you're early informed and equipped, I've read folks amass up to 7 figures  during these times, and even pull it off easily in a favorable economy. Truthfully, I’d need guide please for a boomer like me to attain such amount for retirement, we definitely need to benefit from this situation somehow.

  7. Using markets to pin a recession is laughable. Rich people, those involved in markets, hardly suffer during recessions. Look at the pandemic companies raked in record profits for the average Joe got creamed.

  8. I just sold two real estate properties for a total sum of $800k. I planned on purchasing a new house next year, the cash is just sitting in my savings account. What do you recommend i do? I will appreciate any suggestions.

  9. 2020 Feb-May was a Global Recession, 2020 stagnation of the global economy, 2021 the supply chain crisis, and 2021-23 global Inflationery hikes with (5.2T spending in the US under the Biden Administrstion and Bidenomics). 2020-23 there’s been a financial crisis as much as job growth has gone from diminished to recovered and increased from Jan 2020-Dec 2023. Most job growth increase from the Biden administration than Trump administration.

  10. Lower interest rates and print lots and lots of money 💵 for hyper inflation 💸! That’s what America 🇺🇸 will do causing an upsurge in hyper inflation 💸 in 2025 ! Ha ! Ha ! Ha ! Hilarious 🤣

  11. Recession fears mount on Wall Street and inflation remains well above the Fed's 2% target, some of the top commentators in markets, business, and economics have been sounding off on just how bad they think the next downturn might be — and how far stocks may have to fall. I need ideas and advice on what investments to make to set myself up for retirement, my goal is to have a portfolio of at least $850k at the age of 60.

  12. if interest rates go up where should i look to put money into? I currently have $800k in a high yield savings account, yes I’m making gains but to what extent with inflation eating away at the dollar.

  13. Economy is doing well only if you own stocks or massive amounts of real estate. It’s doing well for 0.1% richest of rich like Musk and Bezos. For an average Joe, things have never been worse. Stagnant wages, layoffs in all industries, rising loneliness and healthcare costs. It’s looking very bleak. American dream is dead as young families can’t afford to buy a house and rents are on a tear.

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