Predictions from this Video

Total: 4
Correct: 0
Incorrect: 4
Pending: 0
Prediction
Topic
Status
The Federal Reserve is predicted to lower interest rates for the first time on May 1st, 2024, with a 62.3% probability.
"at the next next meeting which happens on the 1st of May there's a 62.3% chance that they will finally lower them for the first time"
Interest Rates
Incorrect
If the Federal Reserve lowers interest rates, it will likely be by a small amount (0.25%), which will probably lead to more layoffs.
"even if they do lower interest rates it will most likely be by 0.25% it's very small which means probably expect more layoffs"
Interest Rates
Incorrect
A recession is likely to occur when the Federal Reserve starts to lower interest rates, based on historical data.
"when the FED lowers rates because when they do that means they see pain ahead a possible recession and if you look at data spanning almost 70 years worth you'll notice that when we reach a plateau or a peak of interest rates which we have so far right as we start to lower them that's when we've almost always gone into a recession"
Recession
Incorrect
The job market will be difficult in 2024.
"so far this year it seems like it's going to be really hard on jobs despite what the media says about jobs being good"
Job Market
Incorrect