ilmscore | This Is How the 1929 Crash Started… And It’s Happening Again?!

Predictions from this Video

Total: 39
Correct: 22
Incorrect: 9
Pending: 8
Unrated: 0
Prediction
Topic
Status
The Bank of England predicts the AI bubble will pop.
"The Bank of England is saying be prepared for the AI bubble to pop."
AI Bubble
Pending
President Trump predicted a 1929-style Great Depression if his tariffs were ruled illegal and the government had to repay them.
"President Trump said is that if his tariffs are ruled illegal by the Supreme Court and the government has to pay back the tariffs, it would cause a 1929 style Great Depression here in the United States today."
Economic Depression
Pending
Wall Street executives and financial outlets are warning of a 1929-style Great Depression risk in the US due to economic concerns.
"we had many Wall Street executives and financial outlets essentially saying that we are at risk of a 1929 style Great Depression here in the United States because of all the concerns that we have in the economy."
Economic Depression
Pending
The Federal Reserve Bank indicates the job market is slowing as employers are reducing hiring.
"the Federal Reserve Bank says that the job market is slowing because employers are not hiring more people."
Job Market Slowdown
Correct
US job growth has decreased by 75% in the past 12 months, attributed partly to AI.
"job growth in the United States is down by 75% from just 12 months ago."
AI Impact on Jobs
Incorrect
If companies fail to maintain the rapid growth seen in the last 5 years over the next 5 years, current high valuations could significantly decrease.
"if companies cannot keep up the rapid growth over the next 5 years like we saw over the last 5 years, that could be a problem. The reason why it could be a problem is because investors are expecting this huge growth that if companies can't deliver that could be a big problem because valuations could come cratering down to reality if they cannot keep the huge promises that they've been making."
Valuation Correction
Pending
A minimum of $2,000 should be saved for emergency protection.
"get $2,000 saved up to protect you against an emergency as a minimum."
Emergency Savings
Correct
The US has averaged more than one recession per decade over the last 100 years, with 16 recessions occurring.
"We've seen 16 recessions over the last 100 years which means we have averaged more than one recession per decade for the last century."
Recession Frequency
Correct
The AI industry is expected to persist even if the current AI bubble collapses.
"even if the AI bubble were to burst tomorrow, AI is not going away."
AI Industry Survival
Correct
A potential burst of the AI bubble could present investment opportunities as good AI assets become cheaper.
"that could create an opportunity for you to invest in AI because, well, when things go down, good investments go on sale."
AI Investment Opportunity
Correct
Tech companies, including those in the NASDAQ 100, are prone to disproportionately larger losses during market downturns but also experience significant gains when markets rebound.
"be warned that generally when you see downturns, tech companies get hurt disproportionately harder. When we went through the 2020 pandemic, when we went through the 2022 downturn, when we went through the 2000.com bubble bursting, things like the NASDAQ were hit exceptionally hard because the valuations of these tech companies can float a lot. They can crash extra hard and markets go down and then they generally rise a lot."
NASDAQ 100 Volatility
Correct
President Trump stated that overturning his tariffs could lead to a Great Depression-style recession in the US.
"President Trump said that it could cause a great depression style recession in the United States."
Economic Impact of Tariffs
Incorrect
AI is increasingly automating traditional entry-level job skills.
"traditional entry-level skills are now being automated by AI."
Job Automation
Correct
The ongoing shift driven by AI is predicted to create an unprecedented number of millionaires.
"this shift is going to create more millionaires than ever before."
AI and Millionaires
Pending
SPY is an ETF providing exposure to the S&P 500, representing the 500 largest companies in the stock market.
"SPY. This gives you exposure to the S&P 500. That's a group of the 500 largest companies in the stock market."
SPY
Pending
QQQ offers exposure to the NASDAQ 100, comprising the 100 largest non-financial companies, with a strong representation of tech and AI companies.
"QQQ gives you exposure to the NASDAQ 100. The NASDAQ 100 is a group of the 100 largest companies in the stock market that are not financial, which means the majority of the NASDAQ are tech companies, and a lot of these tech companies are specializing in AI."
QQQ
Incorrect
The Bank of England predicts the AI bubble will burst.
"The Bank of England is saying be prepared for the AI bubble to pop."
AI Bubble
Incorrect
Donald Trump predicted a 1929-style Great Depression if tariffs are ruled illegal and revenue must be repaid.
"President Trump said that if his tariffs are ruled illegal by the Supreme Court and the government has to pay back the tariffs, it would cause a 1929 style Great Depression here in the United States today."
Economic Downturn
Incorrect
Wall Street executives and financial outlets warned of a 1929-style Great Depression due to economic concerns.
"we had many Wall Street executives and financial outlets essentially saying that we are at risk of a 1929 style Great Depression here in the United States because of all the concerns that we have in the economy."
Economic Downturn
Pending
The Federal Reserve Bank states the US job market is slowing due to reduced hiring.
"the Federal Reserve Bank says that the job market is slowing because employers are not hiring more people."
Job Market
Correct
US job growth has decreased by 75% in the past 12 months.
"job growth in the United States is down by 75% from just 12 months ago."
Job Market
Incorrect
Companies are using AI to increase efficiency and reduce reliance on human workers.
"companies are finding ways to be more efficient and more productive with less human workers because of the growth of the technology."
AI Impact on Jobs
Correct
AI is automating traditional entry-level job skills.
"traditional entry-level skills are now being automated by AI."
AI Impact on Jobs
Correct
The current economic and technological shifts are expected to create more millionaires.
"this shift is going to create more millionaires than ever before."
Investment Opportunities
Correct
The Federal Reserve Bank raised interest rates to cool down the economy.
"the Federal Reserve Bank started raising interest rates as a way to cool down this economy to help get it back into alignment."
Interest Rates
Correct
High investor expectations for company growth could lead to significant valuation drops if promises are not met.
"investors are expecting this huge growth that if companies can't deliver that could be a big problem because valuations could come cratering down to reality if they cannot keep the huge promises that they've been making."
Asset Valuations
Correct
Historically, the US has averaged more than one recession per decade over the past 100 years.
"We've seen 16 recessions over the last 100 years which means we have averaged more than one recession per decade for the last century."
Recessions
Pending
Despite potential AI bubbles, AI technology is expected to persist.
"AI is here to stay. there's very likely an AI bubble, but that doesn't mean the AI is going to go away if and when the bubble bursts"
AI Technology
Correct
BOTZ and CHAT are identified as ETFs offering exposure to the AI industry.
"BOTZ, number four, is CHAT. These are two different ETFs to give you exposure to the AI industry."
ETF Investment
Pending
BOTZ focuses on robotics and AI stocks, while CHAT focuses on generative AI and technology stocks.
"BZ gives you exposure to robotics and AI stocks. And then, CHAT gives you exposure to generative AI and technology stocks."
ETF Investment
Pending
SPY ETF provides exposure to the S&P 500, representing the 500 largest companies in the stock market.
"This gives you exposure to the S&P 500."
SPY
Correct
QQQ ETF offers exposure to the NASDAQ 100, comprising the 100 largest non-financial companies, with a strong tech and AI focus.
"QQQ gives you exposure to the NASDAQ 100."
QQQ
Pending
BOTZ ETF offers investment exposure to robotics and AI stocks.
"BOTZ, number four, is CHAT. These are two different ETFs to give you exposure to the AI industry. BOTZ gives you exposure to robotics and AI stocks."
BOTZ
Correct
CHAT ETF provides investment exposure to generative AI and technology stocks.
"BOTZ, number four, is CHAT. These are two different ETFs to give you exposure to the AI industry. CHAT gives you exposure to generative AI and technology stocks."
CHAT
Pending
The Bank of England predicts the AI bubble will burst.
"The Bank of England is saying be prepared for the AI bubble to pop."
AI Industry
Incorrect
President Trump predicted a 1929-style Great Depression if his tariffs were ruled illegal and the government had to repay the tariff revenue.
"President Trump said is that if his tariffs are ruled illegal by the Supreme Court and the government has to pay back the tariffs, it would cause a 1929 style Great Depression here in the United States today."
Great Depression Comparison
Pending
Wall Street executives and financial outlets are warning of a 1929-style Great Depression risk in the US economy.
"many Wall Street executives and financial outlets essentially saying that we are at risk of a 1929 style Great Depression here in the United States because of all the concerns that we have in the economy."
Great Depression Comparison
Incorrect
The Federal Reserve Bank states the US job market is slowing due to employers reducing hiring.
"the Federal Reserve Bank says that the job market is slowing because employers are not hiring more people."
Job Market
Correct
US job growth has decreased by 75% in the past 12 months.
"job growth in the United States is down by 75% from just 12 months ago."
AI Impact on Jobs
Incorrect
Artificial Intelligence is predicted to be a lasting technology, regardless of potential market bubbles.
"AI is here to stay."
AI Industry
Correct
AI technology will persist even if its associated market bubble collapses.
"even if the AI bubble were to burst tomorrow, AI is not going away."
AI Industry
Correct
The US economy has averaged over one recession per decade for the past 100 years, with a total of 16 recessions.
"We've seen 16 recessions over the last 100 years which means we have averaged more than one recession per decade for the last century."
Recessions
Pending
During economic downturns, leveraged individuals transfer wealth to those who are liquid (have cash).
"The saying is when you go through a downturn, the people that are leveraged give their money to the people that are liquid."
Economic Downturns
Correct
AI is automating traditional entry-level job skills.
"traditional entry-level skills are now being automated by AI."
Job Market and AI
Correct
The current economic and technological shift is predicted to create a record number of millionaires.
"this shift is going to create more millionaires than ever before."
Economic Shift
Correct