ilmscore | How To Use The 2023 Recession To Get Rich

How To Use The 2023 Recession To Get Rich

Published: 2022-10-26
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
Bank of America predicts the US economy will lose 175,000 jobs per month due to the upcoming recession.
"Bank of America explains, the US economy will soon start losing 175,000 jobs per month."
Recessionary Job Losses
Pending
JP Morgan analysts anticipate a further 20% decline in the stock market from current levels.
"JP Morgan who believe that we have another 20% to go from current levels."
Stock Market Decline
Pending
The general Wall Street consensus is that national housing prices will decline by 7%, with a potential worst-case decline of 10-15% if interest rates continue to rise.
"national housing prices are going to decline 7% with a worst case decline of 10 to 15% should interest rates continue to increase."
Housing Price Decline
Pending
According to Moody's Analytics, the most vulnerable housing markets (including parts of Florida, Arizona, Idaho, and Southern California) could experience a decline of up to 25% from their peak, with a bottom expected in 12-18 months.
"Moody's analytics, the most vulnerable markets could see upwards of a 25% decline from the peak, including parts of Florida, Arizona, Idaho, and Southern California, with a decline lasting another 12 to 18 months before bottoming out."
Vulnerable Housing Markets
Pending
Historically, after stocks reach their low point during a recession, the S&P 500 averages a 40% return in the following year and a 58% increase within two years.
"once stocks have found their low, their average return the following year is 40% and within 2 years the market has increased an average of 58%."
S&P 500 Post-Recession Returns
Pending
Recessions are typically confirmed with a 6-12 month delay after they have already begun, as seen with the Great Recession (2007-2008) and the 2001 recession.
"recessions are never confirmed until much, much later. For example, the Great Recession that began in December of 2007 was not officially announced until December of 2008, only a few months before it officially ended. The recession before that began in March of 2001, but they didn't call it a recession until November later that year. And this continues with about a 6 to 12-month delay until we actually know we are in a confirmed recession."
Recession Confirmation Lag
Pending
The speaker plans to buy real estate once the market has stabilized after a decline.
"buying real estate once the market is flattened."
Real Estate Investment Strategy
Pending