Steve Hanke says the chance of a U.S. recession just shot up to 80%: There’s an 80% chance of the U.S. falling into a recession — much higher than previously predicted, according to Steve Hanke, a professor of applied economics at Johns Hopkins University.
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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.
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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.
Ok if you won't make the joke, I will… "Howdeee Hooo, Kyyyyle"
I believe he meant 80% chance of a crash and not an 80% crash.
Hey Tom – I'm sure you won't see this message, but just wanted to let you know that I'm glad you changed the thumbnail on the video. I'm subscribed and watch/enjoy your content, but I saw the video pop up on my feed with that click-baity title and thumbnail and immediately decided to not watch it. Tom – you're better than that click-baity stuff, and your content is top-notch and can stand for itself – you don't need to be resorting to that type of stuff to get views/clicks….
Another great video, thank you for your hard work.
DENVER, September 26, 2022–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE: PLTR) announced today that the Department of Homeland Security renewed its contract to support Homeland Security Investigations (HSI) with Investigative Case Management (ICM) software. The contract is worth $95.9M over a five-year period.
Jeremy Siegel got it right!!
I love the title Tom, "Time to Sell?" That's rich. The time to sell was Nov last year. Too late now bro. Lol.
Tom – what is your definition of recession? Aren't we already in one? Only Joe Brandon doesn't think we are.
I'm 58 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 40years nonstop just for a crooked system to take all you worked for
💩We love him, we love you 💩😂
My guy. What's with the kiss at the end
It’s a new week and we’ve been facing a downward market ever since the dump in digital assets this year but on the bright side I have a well trained professional trader who helps me go home with a very satisfying amount in profits, I’m so grateful to him.
We'll be fine
So when do we say it's recession if the definition doesn't mean anything?
👍👍
Me (whispers):
USA is already in a recession
(runs out the door)
We already had 2 quarters of – GDP…. We are already in a recession ….
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1
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My life feels fixed after horrible markets but AMC2000X is the one I believe in!
I watched it though haha. There's definitely going to be a recession. Shocking people still don't see it somehow
You put out valuable content always…thank you, Tom💗
Someone told me that interest rates should 2% above inflation for things to be normal. Is that a fair assessment of where interest rates should be?
That's enough of that Hanke Panke.
Who knew giving the top 5% trillions in tax breaks before paying the other 95% billions in stimulus would be a bad idea? When you hire a master of bankruptcy as president, what do you expect?
I love seeing my retirement account down 12 percent
Financial engineering by the government is failing: we are in a recession already till at least till Russia will retreat, so at least still 12 months.
Good that interest rates are jumping up as free money only leads to high debts and greed.
Good for all to force going green first and afterwards a safer world as Russia and the Middle East will then loose out big time .
So just let it happen as nowadays I see too many spoiled kids upto 45 years of age!!!!!
Great video, as always!! We need to catch up soon!
Why ha nobody mentioned the collapse of an austrialian central bank ?
It already is a recession. These guys are just F'ck'n clueless…LOL…
Mr hanky has been busy doing the hanky panky and now notices the moisture
What are you talking about??? We HAVE BEEN IN A RECESSION. We are near the bottom already
EV sales are booming. Polestar (PSNY) is on target to deliver 50k cars this year and 100k cars next year. October sees the launch of the Polestar 3 made in the USA – so will benefit from the new Biden EV tax credits. Orders start in October and deliveries will start in Q1 2023. The Polestar 3 will be Polestar's version of the Tesla Model Y – it will be their top seller going forward. Just look at the insane demand for the Model Y. Polestar is making more cars than Lucid and Rivian and yet the stock price is around $6 – what a bargain IMHO. Polestar is selling in 25 countries (30 by the end of this year). Lucid and Rivian are only selling in the USA.