A 2024 Recession is (almost) Guaranteed
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In today's world, it appears that more and more people believe we can defy the laws of gravity, thinking that printing 40% of the money supply in a few months can lead to endless prosperity without consequences. Sadly, this is the narrative some, including figures like Powell, are promoting, claiming no recession on the horizon.
However, the harsh reality is quite different. I'm here to shed light on the imminent recession that awaits us. Firstly, it's almost certain to happen. Secondly, brace yourselves, as it won't be a minor downturn; it may rival the magnitude of the great financial crisis or even the Great Depression. Despite the Federal Reserve's latest meeting claiming no recession is in sight, I'll show you why they might be mistaken.
The imminent risks overshadow the economy's supposed resilience, cited by some to justify their optimism. Several banks have already failed this year, indicating underlying vulnerabilities. The Federal Reserve is not the only entity hoping for a recession-free future, but this optimistic outlook doesn't align with the broader economic indicators.
Prepare yourself with this essential knowledge and be aware of the looming economic storm. Subscribe for more in-depth analysis and stay informed to navigate these uncertain times.
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Timecodes
0:00 No More Recession on the Horizon?
0:57 Is the Yield Curve Wrong?
4:04 Bankruptcies and Bank Lending
7:53 Yield Curves Always Predict a Recession
11:02 What All the Yield Curves are Saying
14:14 How to Navigate the Current Market
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I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.
#Recession2024 #YieldCurveInversion
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