Tag: recession
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Personal Savings Totals Would Surprise You!
Personal Savings Totals Would Surprise You! Personal Savings is key for weathering any storm like a recession or constant inflation. But recently, the data around person savings would outright surprise you! AJ and DC covers what’s going in the world of personal finance and gives you the data you NEED to know!
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Dave Ramsey; Totally WRONG About the Economic Collapse (2022)
Dave Ramsey arrogantly made predictions about the housing market in the early summer using incomplete data. Now, Dave is making the same mistakes regarding the 2022 economic collapse. AJ explains what’s happening using data and corrects Dave’s statements about the current federal reserve actions.
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Jerome Powell Just Dropped The Big Economy Bomb!
Since the start of this inflationary run, we’ve been waiting for Jerome Powell to drop the big bomb. Last week, at the Economic Forum in Jackson Hole WY, Jerome Powell softly stated that the worst is yet to come. This infuriated a lot of top people in the media and politics. AJ breaks down exactly what’s happening and what we should do about it.
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As News of Recession Looms, the US Government Says “It’s Complicated”
As news of a recession looms, the US Government attempts to expel fears by refusing to acknowledge the traditionally accepted definition of a recession.
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5 tips to overcome a recession
If you’ve read the news lately, you’re probably getting the sense we’re in a recession. Well, that’s because nearly all of the mainstream media is telling us we’re in a recession, so how could it not be? Truthfully, there is no “rule” that determines a recession, but rather a set of conditions that make it “more likely than not”.
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Investing is scary
AJ reports how he gets nervous in the current market. Stocks are dropping, interest rates are being increased, a recession AND depression is likely on the way. What are we supposed to do?
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Fed Largest Interest Rate Increase
The Federal Reserve announced an interest rate increase of .5%. This is the largest interest rate increase since 2000. A history of interest rates can be seen at tradingeconomics.com