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Walser Wealth Management founder Rebecca Walser joins ‘Your World with Neil Cavuto’ to discuss market reaction to Federal Reserve chairman Jerome Powell saying future rate hikes are ‘unlikely.’
Expert in the market highlights a crucial indicator that will determine if the Fed will raise rates
We are moving into a ressigon. There are many red flags. Record credit card debt, housing inventory increasing, inflation, an overvalued housing market, and a tech bubble. I believe we will see a real downturn in the third quarter after the second quarter earnings releases. Early warning signs have been seen after some of the first quarter results. Big miss with GDP and the fast food sector earnings misses. Once peoples 401k begin to decline consumers will tighten spending starting in the 3rd and 4th quarter of this year. Leading to layoffs for workers with incomes in the 90 to 150 thousand range. This will lead to foreclosures increasing in 2025 and housing values dropping in some regions in the range of 30 to 40 percent or more. There are other factors contributing to this coming decline. Those are increased insurance student debt insurance costs and property taxes. Get ready
Quit paying taxes to a corrupt f**** government f*** Joe Biden he's a piece of s***.Trump2024
Of course Obama's stooge will increase rates.
The rate cut will be right before the election to influence it.
" frustrations " more reason for the fed and the Admin to keep things calm, not to escalate. .33000 kV…⚡⚡
Biden is a muder and VP HARRIS WITH COVID 19
Its over 🤭
Interesting insights, thank you for sharing.
Democrat economies always do better than Republican. Turns out giving billionaires tax breaks and lowering wages isn’t really a great idea. Look at any blue state vs red state.
DOW 10,000?
It’s over