ilmscore | US Economy & Inflation Predictions
N/A
Accuracy

Recent Predictions

Total: 12
Correct: 0
Incorrect: 0
Pending: 12
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Consumers will eventually have to reduce spending if they cannot sustain current levels.
"if people can't keep sustaining the same level of spending as before eventually people have to cut b..."
Apr 30, 2024
Pending
A record number of Americans are taking hardship withdrawals from their 401(k)s to maintain their lifestyles amidst rising costs.
"now we're seeing a record number of Americans dig into their retirement accounts through a 401k hard..."
Apr 30, 2024
Pending
US economy growth in Q1 2024 was 1.6%, below expectations of 2.5%, while inflation was higher than anticipated.
"the United States economy isn't growing as fast as a lot of people thought... the US economy grew by..."
Apr 30, 2024
Pending
Americans are facing financial strain due to rising costs for essentials like housing, cars, and groceries, leading them to use creative methods to maintain their lifestyles despite stagnant incomes.
"Americans are essentially running out of money because people have to pay more money for their housi..."
Apr 30, 2024
Pending
The US economy is cooling, inflation is rising, and wage growth is declining.
"you have an economy that is cooling you have inflation that over the last few months has been heatin..."
Apr 30, 2024
Pending
Depletion of credit, savings, and retirement funds will inevitably lead to reduced consumer spending.
"when people max out their credit cards when people can't dig into their savings anymore when people ..."
Apr 30, 2024
Pending
The current trend of rising inflation alongside falling wages is unfavorable.
"inflation is rising Now versus wage growth is falling now the wages are falling while inflation has ..."
Apr 30, 2024
Pending
Significant corporate debt is expected to readjust in 2024 and 2025, potentially causing economic strain.
"entering 2024 we're starting to see a big chunk of this corporate debt start to readjust and into 20..."
Nov 30, 2023
Pending
Corporations may face problems in 2024 and 2025 due to slowing revenues and increasing debt expenses as interest rates rise.
"so now if you're a corporation and you are seeing slowing revenues because people are spending less ..."
Nov 30, 2023
Pending
The full impact of corporate debt readjusting due to higher interest rates will be felt in 2024 and 2025.
"we haven't seen the impacts of your debt that has to readjust because that impact doesn't happen unt..."
Nov 30, 2023
Pending
The ability of corporations and commercial landlords to absorb costs from readjusting debt in 2024 and 2025 is uncertain and could lead to further economic pain.
"so now when you have corporations and you have all these commercial landlords that are now starting ..."
Nov 30, 2023
Pending
2023 was positioned as a year for financial education and smart saving rather than large purchases like financing a new truck.
"I have been saying that 2023 is not the year for you to go out and finance a new truck 2023 is the y..."
Nov 30, 2023
Pending