Blackrock: Cancel The 2024 Recession
Published: 2024-05-14
Status:
Available
|
Analyzed
Published: 2024-05-14
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Black Rock predicts less than a 3% chance of a US recession in the next 12 months from the video's publication date (May 14, 2024).
"according to Black Rock the United States economy has less than a 3% chance of entering a recession in the next year"
Pending
Black Rock predicts less than a 5% probability of a US recession in the next 12 months from the video's publication date (May 14, 2024).
"Black Rock says that the United States has less than a 5% probability of entering a recession"
Pending
Black Rock predicts less than a 3% chance of a US recession in the next 12 months from the video's publication date (May 14, 2024).
"Black Rock says that the United States has less than a 3% chance of entering a recession in the next 12 months"
Pending
Black Rock predicts less than a 5% chance of a US recession in the next 12 months from the video's publication date (May 14, 2024).
"Black Rock says that all these things contribute to less than a 5% chance of a recession in the next year"
Pending
The artificial intelligence boom is contributing to the growth of the stock market.
"you have this artificial intelligence boom which has been helping the stock market grow"
Pending
Artificial intelligence is causing job losses in some areas while simultaneously creating a boom in hiring in AI-related roles.
"on one hand artificial intelligence is leading to some job losses companies are laying off some of their employees and replacing them with robots to artificial intelligence but at the exact same time you're also seeing a boom and hiring on the artificial intelligence side of things"
Pending
The AI race is boosting the stock market and the economy, particularly through AI-related jobs.
"this is creating a boom not just in the stock market but a little bit in the economy with these artificial intelligence jobs"
Pending
Increased labor participation and immigration are improving the balance in the US job market.
"Increased labor participation and immigration are helping to restore better balance in a job market"
Pending
2.7 million jobs were created in the US in 2023.
"in 2023 there were 2.7 million jobs created in the United States"
Pending
The US economy is experiencing positive momentum.
"the momentum of the economy"
Pending
The prolonged strong momentum in the US economy could potentially be a concern, similar to historical overheating periods.
"the length of momentum outperformance could be a cause for concern as it approaches that of historical periods"
Pending
Inflation and increased geopolitical risks are impacting rate cut expectations.
"inflation has pushed back on rate cut expectations and geopolitical risks have increased"
Pending
Inflation in 2024 has been consistently higher than expected.
"the inflation numbers that we have seen so far in 2024 have all been higher than expected"
Pending
Geopolitical events can lead to political and economic risks.
"all these things can contribute to political and economic risks in the economy"
Pending
Companies and commercial landlords with debt taken out at low interest rates will face significantly higher costs as these debts readjust.
"we have a lot of companies and a lot of commercial landlords that are sitting on huge piles of debt that are at these very low interest rates that are now getting ready to readjust"
Pending
Sustained higher interest rates will increase pressure on landlords and businesses.
"if interest rates stay higher for longer that could put more pressure on landlords and businesses"
Pending
Prolonged high inflation makes it more difficult for average individuals to afford daily necessities, major purchases, vacations, saving, and investing.
"if that comes in higher than expected for longer than expected well that means that for the average person it is harder to pay for your groceries it's harder to buy a car it's harder to pay for your rent it's harder to buy a vacation it's harder to save money it's harder to invest your money"
Pending
McDonald's reports that low-income consumers are beginning to struggle financially.
"McDonald's says that lowincome consumers are starting to crack"
Pending
Contrary to typical economic downturn patterns, discount retailers like dollar stores are currently struggling, indicating a shift in consumer behavior or economic conditions.
"normally when you start facing tough times in the economy the discount retailers are the ones that start to see the biggest boom because people are looking for cheaper alternatives but that's not what we're seeing happen right now even if you take a look at what's happening with dollar stores dollar stores are struggling instead of growing"
Pending