US
US Economy
Topic
42.3%
Accuracy
Recent Predictions
Incorrect: 15
Pending: 349
Prediction
Author
Predicted at
Status
Video
Significant revisions to economic data are expected to occur after the election and/or rate cuts, bringing reported figures closer to reality.
"I think one day you know we are in store for a really really big revision that might get us closer t..."
Jul 2, 2024
Pending
If a Donald Trump presidency negatively impacts the market, or if Japan significantly dumps US bonds, these events would lead to a hard economic landing.
"if Donald Trump is really going to be bad for the market... wouldn't that lead to a hard landing and..."
Jul 2, 2024
Pending
The US economy is expected to be 2% larger over the next decade than previously forecast, attributed to an increase in the foreign-born labor force.
"the US economy is now expected to be 2% larger over the next decade than it previously been forecast"
Jun 21, 2024
Pending
Despite initial volatility, a Trump presidency could ultimately lead to a rally in stocks, bonds, and crypto.
"eventually Trump would say and do whatever he needed to for investors to calm down and stocks and bo..."
Jun 10, 2024
Pending
If the Federal Reserve forecasts more interest rate cuts, it may indicate their belief that the US economy is heading towards a recession.
"in the case that the FED forecasts more cuts it could mean that the FED thinks the US is headed for ..."
Jun 10, 2024
Pending
The S-rule recession indicator is predicted to trigger in July 2024 if the unemployment rate reaches 4.31%.
"for it to actually trigger next month for it to actually trigger next month the unemployment rate wo..."
Jun 7, 2024
Pending
The US executive branch will be pressured to print more money and pump the stock market to stimulate the economy and make people feel wealthier.
"there will be pressure from the executive branch to let's say print more money and and pump the stoc..."
Jun 2, 2024
Pending
Inflation and related economic issues in the US are predicted to worsen over time, exacerbated by government money printing.
"inflation is still real the government's still printing money and this is something that's only only..."
May 29, 2024
Incorrect
US consumer sentiment is predicted to worsen over the coming months.
"there might be a trend that even gets worse over the com months"
May 23, 2024
Pending
The Federal Reserve is predicted to lower interest rates to near zero at some point in the future.
"at some point in time the FED will have to likely lower interest rates down to zero again or somethi..."
May 23, 2024
Pending
US interest rates are predicted to remain high for at least the next 6-12 months.
"it's almost a guarantee that interest rates are going to be high for at least the next 6 to 12 month..."
May 23, 2024
Pending
Small businesses in the US are predicted to face increasingly tougher conditions over the next 6-12 months.
"it's likely high probability is going to get tougher for small businesses over this next six to 12 m..."
May 23, 2024
Pending
Consumers will reduce spending, with some opting for lower-quality food options due to increased costs.
"people are going to be cutting back on a lot of things now some people will just uh you know spend m..."
Apr 23, 2024
Pending
The speaker predicts the economic situation will worsen significantly.
"things are bad and they're about to get a lot worse"
Apr 23, 2024
Pending
The current economic problems in the US are more severe than those in the 1970s, and the inflationary consequences expected in the next decade will be considerably worse.
"the problems that the US faces today are far more severe than the problem we had in 1970 and the inf..."
Apr 23, 2024
Pending
Government spending is identified as the primary driver of inflation, leading to the high cost of goods and services.
"inflation is how the government is paying for all of its spending so the reason that goods and servi..."
Apr 23, 2024
Pending
A recession might be avoided if sufficient money is printed and inflation is underreported, allowing GDP figures to appear to increase.
"we may not have a recession if they print enough money and create enough inflation the GDP could kee..."
Apr 23, 2024
Pending
Appropriate interest rates to combat inflation would trigger a financial crisis affecting both banks and the US government.
"if the FED raises interest rates to a level that might be appropriate to actually fight the inflatio..."
Apr 23, 2024
Pending
The Federal Reserve's traditional solution to economic problems has been inflation, with quantitative easing being a euphemism for this policy.
"because this the the economic solution that the FED has always come up with for for every problem wa..."
Apr 23, 2024
Pending
Historically, recessions have led to a decline in asset prices like stocks and real estate.
"recession generally means asset prices stock prices real estate prices would move lower that's what ..."
Apr 23, 2024
Pending
Prices will continue to rise significantly as they adjust to the increased money supply. Wages and savings have not kept pace, leading to a decrease in overall purchasing power and making people poorer.
"prices are going higher they're going much higher we're still early in the process where prices are ..."
Apr 23, 2024
Pending
Massive inflation resulted from coordinated efforts between the Treasury and the Federal Reserve to inject money into the economy.
"we had massive inflation Unleashed by the government uh it was the treasury in you know tandem with ..."
Apr 23, 2024
Pending
The economy is expected to be weaker and inflation stronger than anticipated, leading to a stagflationary scenario of weak growth and high inflation.
"the economy is a lot weaker than people expect and inflation is a lot stronger instead of this Goldy..."
Apr 23, 2024
Pending
The speaker believes the US is likely already in a recession, which could be more severe than anticipated, despite current data suggesting otherwise.
"this recession might be worse than what people might expect a lot of people don't even think we're g..."
Apr 23, 2024
Pending
President Biden's low approval ratings, particularly on the economy, suggest that the current economic situation is poor, despite official statistics.
"The most unpopular sitting president in the history of these popularity polls and if the economy was..."
Apr 23, 2024
Pending
The rising cost of living is expected to outpace wage growth, and many Americans may face lower wages due to job loss and replacement with lower-paying positions.
"the cost of everything is going to go up and that increase is going to far out pays higher wages in ..."
Apr 23, 2024
Pending
Discretionary spending will decrease as more income is allocated to essential expenses like food, electricity, insurance, and energy.
"people are going to have to give up on a lot of their discretionary spending because that money is g..."
Apr 23, 2024
Pending
The reported inflation suggests a $100 grocery bill in 2020 would cost $122 today, but the speaker believes the actual cost for the average person is considerably higher.
"if I about $100 uh part of groceries back in 2020 it should cost me about $122 today versus for the ..."
Apr 23, 2024
Pending
Raising interest rates to appropriate levels in the current debt-ridden economy would lead to its collapse due to debt servicing costs.
"if they raise them to an appropriate level assuming they even know where that level is I think you k..."
Apr 23, 2024
Pending
Americans are heavily indebted, and interest rates are too low. If rates were raised to appropriate levels, both individuals and the government would face severe financial distress.
"Americans are already leveraged up to the hilt and interest rates are still too low and if interest ..."
Apr 23, 2024
Pending
The speaker predicts a worsening economic situation.
"things are bad and they're about to get a lot worse"
Apr 23, 2024
Pending
The current economic situation is described as stagflation, with a dramatic increase in the cost of living since President Biden took office.
"it's really stagflation the cost of living has gone up dramatically since Biden has been in office"
Apr 23, 2024
Pending
Voters' negative perception of President Biden's economic handling, evidenced by his lowest scores in this area, suggests the economy is not as strong as proponents claim.
"the actual questions where Biden scores the lowest is on the economy so that that's where he's got h..."
Apr 23, 2024
Pending
Record low savings rates, high household debt, and high credit card debt suggest an economy in distress, as Americans are relying on debt instead of saving.
"the savings rate at a record low basically household debt at a record high High credit card debt at ..."
Apr 23, 2024
Pending
The speaker predicts that current economic data indicating strength will be revised downwards, revealing a weaker economy than currently perceived.
"I think it's certainly possible that a lot of the data that people are pointing to now as proof of t..."
Apr 23, 2024
Pending
The speaker believes that current economic data may be inaccurate due to flaws in compilation and a tendency for government revisions.
"I think that the data some of it is is is is likely fudged but I think a lot of it has to do with fl..."
Apr 23, 2024
Pending
Americans are reaching their debt limits, leading to maxed-out credit cards and rising delinquency rates.
"Americans are getting tapped out on their debt levels people are maxing out credit cards delinquency..."
Apr 23, 2024
Pending
The speaker believes the US is already in a recession, and this will be revealed through revised economic data, potentially after the election.
"I think that again we're probably already in a recession it's just that the numbers don't reveal tha..."
Apr 23, 2024
Pending
The speaker predicts a worst-case economic scenario of stagflation (weak growth and high inflation), rather than a 'Goldilocks' scenario.
"Instead of this Goldy loock scenario that people Envision it's it's the worst case scenario because ..."
Apr 23, 2024
Pending
Investors are advised to sell dollars, treasuries, and bonds, and instead buy gold to protect against inflation.
"people need to be getting out of dollars getting out of treasuries or uh Muni bonds or corporate bon..."
Apr 23, 2024
Pending
The government could mask a declining GDP by underreporting inflation, making it appear as economic expansion.
"we may not have a recession if they print enough money and create enough inflation the GDP could kee..."
Apr 23, 2024
Pending
Inflation effectively reduces purchasing power, making money buy less, rather than reducing the amount of money itself.
"the government takes your purchasing power instead of your money so instead of having less money my ..."
Apr 23, 2024
Pending
Discretionary spending will decline as funds are redirected to necessities like food, coinciding with an insolvent banking system.
"people are going to have to give up on a lot of their discretionary spending because that money is g..."
Apr 23, 2024
Pending
The speaker uses President Biden's low popularity and lack of economic credit as evidence of a poor economy.
"The most unpopular sitting president in the history of these popularity polls and if the economy was..."
Apr 23, 2024
Pending
The current economic condition is described as stagflation, with a dramatic increase in the cost of living during Biden's term.
"it's really stagflation the cost of living has gone up dramatically since Biden has been in office"
Apr 23, 2024
Pending
The speaker predicts a further deterioration of the economic situation.
"things are bad and they're about to get a lot worse"
Apr 23, 2024
Pending
The Federal Reserve is expected to maintain artificially low interest rates, which are considered too low given accelerating inflation.
"I think the FED is ultimately going to keep rates artificially low and I think they're still too low..."
Apr 23, 2024
Pending
Current interest rates are considered insufficient to combat high inflation; they need to be significantly higher than normal levels.
"rates need to be more than just high they need to be very high but we're not even at high we're kind..."
Apr 23, 2024
Pending
Consumers will be forced to cut discretionary spending to cover rising costs of essential goods and services like food, electricity, insurance, and energy.
"people are going to have to give up on a lot of their discretionary spending because that money is g..."
Apr 23, 2024
Pending
The speaker believes the US is already experiencing a recession, which will become evident through revised economic data, possibly after the election.
"a lot of people don't even think we're going to have a recession they think we've avoided even a sof..."
Apr 23, 2024
Pending