Andrei Jikh
@andreijikh·3.2M subscribers·1.3K videos
The Recession Just Started | How Not To Lose Money
Posted
May 2, 2022
Views
736,219
Likes
25,357
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1,193
Engagement
3.61%
May 2, 2022
736,219
25,357
1,193
3.61%
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15:32Now PlayingThe recession just started - here's how not to lose money
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SOURCES:
Fed Watch Tool
50 Basis Points Historic Research
THE RECESSION JUST STARTED
Last week the GDP report came in, and economists were wrong. Analysts thought our economy would grow by 1.1% this first quarter, they didn’t expect for the economy to contract until sometime next year - but we already started because the GDP was -1.4% in the first quarter. This is the beginning of a recession and we are half way there.
WORST START OF THE YEAR SINCE 1939
Based on the DOW Jones Market data, means that we just had the worst start to the first quarter of the year since 1939. Every investor's portfolio is a sea of red.
WHY IS THIS WEEK SO IMPORTANT?
Fed meeting will happen on May 4 2022. Use the Fed Watch Tool below to find out where interest rates will go and how it will affect you depending on what your strategy is right now. Whether you're looking to buy real estate, invest in crypto, stocks, or retire - this will be super important.
Watch the video to find out how to use the Fed Watch Tool!
*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
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