ilmscore | Millions Of Americans Are About To Get A Paycut

Millions Of Americans Are About To Get A Paycut

Published: 2024-04-29
Status: Available | Analyzed

Predictions from this Video

Total: 12
Correct: 0
Incorrect: 0
Pending: 12
Unrated: 0
Prediction
Topic
Status
The S&P 500 has grown by approximately 25% in the past 12 months and nearly 75% over the last 5 years.
"over the last 12 months it grew by around 25% and if you look at over the last 5 years years the S&P 500 is up nearly 75%"
SPX
Pending
In 2024, Americans are predicted to experience a real-terms pay cut due to inflation outpacing wage growth.
"Americans are going to be seeing a pay cut relative to inflation in 2024."
Wage Growth vs. Inflation
Pending
The economic outlook for 2025-2028 is predicted to be worse than the current year, with increasing costs and struggles for Americans.
"if you look at what's going to be coming in 2025 2026 2027 and 2028 it's probably not going to be better than what it is is today in fact things are going to continue getting more expensive and more and more Americans are going to continue to struggle"
Economic Outlook
Pending
The speaker suggests that 98% of Americans should not pursue active investing strategies.
"98% of Americans should not be active investors"
Investment Strategy
Pending
Future stock market crashes are predicted to occur.
"we will see more stock market crashes in the future"
Stock Market Crashes
Pending
There has been a steady increase in commercial real estate foreclosures over the past 12 months.
"over the last 12 months we've been seeing the steady rise in commercial real estate foreclosures"
Commercial Real Estate Foreclosures
Pending
The current situation in commercial real estate is adding further stress to an already struggling banking sector.
"putting more stress on the banking sector at a time where the banking sector was already struggling"
Banking Sector Stress
Pending
The speaker personally invests in the VO ETF, which tracks the S&P 500.
"I personally own shares of VO."
VO
Pending
In 2024, a significant portion of Americans are predicted to experience a reduction in their purchasing power due to inflation outpacing wage growth.
"Americans are going to be seeing a pay cut relative to inflation in 2024."
US Wages vs. Inflation
Pending
The economic outlook for the years 2025 through 2028 is predicted to be challenging, with increasing costs of living and widespread financial struggles for Americans.
"In 2025, 2026, 2027, and 2028 it's probably not going to be better than what it is is today. In fact, things are going to continue getting more expensive and more and more Americans are going to continue to struggle."
Economic Outlook
Pending
There has been a consistent increase in commercial real estate foreclosures over the past year.
"over the last 12 months we've been seeing the steady rise in commercial real estate foreclosures"
Commercial Real Estate
Pending
The current situation with commercial real estate foreclosures is exacerbating existing difficulties within the banking sector.
"putting more stress on the banking sector at a time where the banking sector was already struggling"
Banking Sector
Pending