ilmscore | The Economy Is Worse Than They Reported

The Economy Is Worse Than They Reported

Published: 2024-06-10
Status: Available | Analyzed

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
The Federal Reserve Bank has been discussing interest rate cuts since 2023, but no cuts have occurred yet.
"The Federal Reserve Bank has been talking about potentially cutting interest rates since 2023, but we haven't seen it happen yet."
Interest Rates
Pending
A recession is predicted to occur, but the timing is uncertain.
"we're going to have a recession. It's a fact. I just don't know when."
Recession
Pending
Recessions, like the one during the 2020 pandemic, present buying opportunities in assets like crypto and stocks for those who are financially educated and prepared.
"When the 2020 pandemic hit, crypto prices crashed, stock prices crashed, and some people who were number one financially educated and prepared and understood the trends were able to come in and buy."
Recession Opportunities
Pending
The 2008 financial crisis offered significant investment opportunities in stocks and real estate.
"It's the same thing when 2008 happened. There were great investment opportunities, great stock market opportunities, great real estate opportunities."
Recession Opportunities
Pending
It is recommended to maintain financial preparedness with savings to cover emergencies and capitalize on investment opportunities as they arise.
"It is better for you to number one be prepared. That means have money to protect you in case something bad happens. But also have money to be able to capitalize on opportunities and invest your money when you see an opportunity."
Future Investment Strategy
Pending