I hear a lot of chatter about how 2023 will be such a better year compared to 2022, so in this video we are going to put this to the test. What are the odds that 2023 will be a better year in the financial markets, compared to 2022.
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๐๐ Big shout out to our growing list of Patreons. For those of you want (and can) support our channel, here is how you can help: https://www.patreon.com/user?u=13016082
DISCLAIMER: All of Tom's strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching Tom's videos, please don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
I got a 2 step solution:
1. Trust your government
2. Sign "Inflation Reduction Act" every time you want to reduce inflation ๐
3rd option: War
Guys….losing site, and believing that this BTC crap goes to the moon…… think twice….You are to the moon right now, along site with other investors in which paid less than a buck for the same crap to get there….Who will pay for your trip back to Earth, after you paid more than ….K, or so for this BTC crap.?……?…..?……
To whom is the interest paid?
Sounds like a scam.
Remember, it say's "No State shall โฆ; make any Thing but gold and silver Coin a Tender in Payment of Debts; โฆ"
The Feds will just keep on printing more money, they donโt care. Everything will collapse after they die.
A little too fast for me sorry Tom I still love ya
Everyone has been way too bearish from the likes of Tom and chicken genius we missed out on this dip, i hope we get another chance at the dip….
Dude what about all the investments the US made on semiconductors, businesses, etc. Isnt the avg. GDP growth in US is about 5% and yes inflation is higher right now but the Feds going to do what they can do bring it back down to 2% so that growth is higher than inflation. Itโs expected that the US economy keeps growing so that the debt is justified right?
A.I. humanoid robots are coming and this is one of couple secular deflationary forces, so… in the end everything will be fine – paraphrasing K. Wood ๐
World war 3 has begun
Tom I am old history major and minor in economics but we should have been broke years ago. Every year we have been printing money and we cannot even pay the interest on our debt.
USA needs to cut its military spending by %75. This solves everything. Who do you think won the Second World War? Answer: Germany and Japan – because they were banned from building a military so they didnโt have to spend money on military. No one is going to declare war on the USA, even with %25 military spending itโs enough to foil any serious threat. You put %3 of it in special ops teams who super know what they are doing (air, sea and ground), put 12% of it in intelligence and counter intelligence, %5 in logistics and %5 in all the rest. Figure it out, be super efficient and the society will flourish with the extra money.
Debt is just an illusion
Great video! Not many people can articulate this so well
I have never understood national debt. every single country in the world is in debt, so who exactly do we owe this money to?
Someone told me " this cannot continue the amount of debt that the us government has the dollar will crash it's just a matter of when " – he told me that 25 years ago.
Tom, where do you get the numbers that the rest of the world has higher Debt to GDP ratio than USA?
E.g Australia has net debt of 725Billion, around 30% of GDP… much much lower than USA debt ratio
We are going to vote for Trump and Kick any democrat out to the curb and retake and cancel all the a$$ parties extra wish list funding out as well.๐คซ
… and we have the best game going compared to other major economies. Europe and Asia are a mess.
Tom.. Did you see latest UK's CPI??. It dipped last month and now it's back to the Highs. I think Sept. CPI is gonna be at the 9.1 or higher.. Which will tank the market for the rest of the year.
Is inflation calculated on a year over year basis exclusively? If so, it should even out in March, 2023 at 2% or less because we had our 9% jump and inflation is peaking nowโฆassuming we donโt have more jumps in inflation.
coming down? are u on drugs?
Fantastic!
I don't know, you don't know, nobody knows lol
Those days you can't compare with history. Have a look that every time we pass from bear to bull markets was due to QE, money printing which in current days we're going to start QT with more rate hikes!!!!!! I believe it was a perfect Bear trap and the higher the indexes will go, the more suffering it will cause to investors. WE ARE ABOUT TO START QT!!!!! No chance of QE because it will raise hyperinflation.
Hey Tom, who specifically is collecting all of these interest payments? I'd imagine China and other foreign countries own some of our debt. But are there any American companies or banks who will be collecting this? I'm asking that because wouldn't some of those American entities, theoretically, be able to invest some of that money back into the country? Also, one idea for a video would be to dissect our US military spending. $700-$800 billion a year, and we're not fighting any major wars. I'm sure there is a cool $500 million in there we can easily cut, no? We build ships, planes, tanks, etc like crazy all the time. What about building fewer of those?
Debt isnโt even real. It doesnโt matter.
The government will introduce "debt forgiveness" on the heals of their "loan forgiveness" plan, and magically get rid of all our debt. They used a similar trick to get us out of a recession ๐
I agree with Tom. Stock market usually goes down during a recession for two (2) reasons: (1) earnings are falling; and (2) price earning multiple compression. This is a double wham.
2023 will be the year of china recovery (massive stimulus coming) and US fiscal decline