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Rebel Capitalist News

Global Meltdown: From China's Collapse to America's Recession - What's Next?

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 16 July 2024

⏱️ 28 minutes

🧾️ Download transcript

Summary

The Rebel Capitalist helps YOU learn more about Macro, Investing, Entrepreneurship AND Personal Freedom. ✅ Come to Rebel Capitalist Live here https://rebelcapitalistlive.com/   ✅ Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here https://georgegammon.com/pro   ✅Rebel capitalist merchandise https://www.rebelcapitaliststore.com

Transcript

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0:00.0

Hello fellow rebel capitals hope you're well so we have some big news in the

0:07.4

housing market more specifically the rental market what we're seeing across the United States is evictions are

0:15.9

spiking in some cases to all-time highs and to levels that vastly exceed what we saw in 2019.

0:26.0

So, this has me changing my investment strategy.

0:32.0

I'm going to, I'm not married to one strategy in particular I

0:37.4

want to make adjustments based on the macroeconomic environment.

0:42.6

So what we're going to do is we're going to go over exactly what's happening

0:45.8

with these evictions and we're going to combine that with everything else that we see happening

0:50.6

in the news such as Powell basically coming out and admitting

0:54.0

that he's going to be dropping rates in September if not sooner

0:57.2

and then go over how the market usually responds when the Fed cuts rates.

1:02.0

Now when they're talking about cutting rates... bonds when the Fed cuts rates.

1:03.0

Not when they're talking about cutting rates,

1:05.3

but when they actually whole,

1:07.8

well, based on what happened this weekend,

1:09.5

I shouldn't say that.

1:12.0

When they actually decide to cut the rates,

1:14.5

then what happens?

1:15.6

Because there's a lot of misconceptions out there,

1:18.4

and this is what history is what has me changing up my investment strategy right now as we speak.

1:26.1

And on that note Josh, I think we're going to go ahead and do a webinar this Friday 2 PM Eastern time in Rebel Capitalist Pro and I'm going to be going over

1:36.7

the details of the exact changes that I'm making what I'm selling what I'm buying

...

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