4.6 • 1.3K Ratings
🗓️ 26 June 2023
⏱️ 7 minutes
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0:00.0 | All right, so we're going to talk about business trends for 2023 what you got Neil and by the way |
0:05.8 | If you're watching on YouTube, you should subscribe on YouTube because we're back on freaking video after three or four years |
0:10.9 | What are you talking about we've been doing videos all the time live? I mean live we're live |
0:15.6 | in LA, but not live for them or live for now |
0:20.9 | So the big trend that I'm seeing is businesses are cutting back on everything the Fed announced that they're gonna |
0:27.2 | Do two more rate hikes or looks like they'll do two more rate hikes |
0:31.4 | Till the end of 2023. I don't know if you saw |
0:35.8 | CNBC publisher article on how a lot of publicly traded CFOs email the Fed |
0:40.7 | Saying you know stop the rate hikes. That's not gonna happen |
0:45.4 | It looks like there's gonna be two more raises most likely. They're gonna be 2.25% increase in rate hikes |
0:52.3 | So it's looking like 0.5% more |
0:55.0 | And yeah, they're trying to cut back on inflation |
0:59.2 | And I think that's going to send this |
1:02.5 | Economy and a tougher spot and we're gonna continually feel the pain and I think businesses are gonna continually cut back |
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