ilmscore | Why 75% Of The Middle Class Is Screwed

Why 75% Of The Middle Class Is Screwed

Published: 2022-08-08
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
Elon Musk predicted inflation would trend downward and a mild recession would occur within the next 12 to 18 months from the publication date of the video (August 2022).
"Elon Musk said in his last tesla shareholder meeting that he thought inflation would trend downward and that we would be in a mild recession for the next 12 to 18 months"
Elon Musk's Economic Outlook
Pending
The Federal Reserve is set to double its monthly asset sales under quantitative tightening to $60 billion in Treasury bills and $35 billion in mortgage-backed securities.
"they're about to ramp those numbers way up and double that 60 billion dollars a month in t bills and 35 billion a month in mbs's"
Federal Reserve Balance Sheet Reduction
Pending
The Federal Reserve aims to reduce its balance sheet from approximately $9 trillion to $6.5 trillion over the next two and a half years through quantitative tightening.
"to about six and a half trillion dollars ish and this is supposed to go on for the next two and a half years"
Federal Reserve Balance Sheet Reduction Target
Pending
The quantitative tightening program is predicted to affect the federal funds rate by at least 1.5% (1% directly and 0.5% from dollar strength), bringing the year-end federal funds rate to an estimated 3.5% to 3.75%.
"the prediction is that this will affect the federal fund rate by at least one percent and the dollar going up 10 is like the equivalent of the federal fund rate going up half a percent so in total about 1.5 percent from everything we talked about but that's in addition to the fact that at the end of the year the federal fund rate should be anywhere between 3.5 to 3.75 percent"
Federal Funds Rate Projection
Pending
The speaker plans to create a video about the repo market later in the year (2022), referencing its precarious state in 2019.
"i think later this year i might end up making a video about the repo market which in 2019 was on the edge of a knife"
Repo Market
Pending