Let's talk about Trump's economy_ who's spending, inflation, and confidence....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 28 February 2025
⏱️ 5 minutes
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Let's talk about Trump's economy_ who's spending, inflation, and confidence....
Transcript
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| 0:00.0 | Well, howdy there, Internet people, it's fell again. |
| 0:04.6 | So today, we're going to talk about Trump's economy, who's spending, inflation, and confidence. |
| 0:11.8 | So, we got a pretty cool question that sheds light on the way different economic factors hit and work together. |
| 0:18.8 | And it's probably something worth knowing ahead of time, |
| 0:21.7 | so you can see the signs as they happen. Okay, here we go. Miss Bell, one of the most surprising |
| 0:29.2 | things I learned on the channel is that we're in a recession for months before they officially |
| 0:34.7 | tell us we're in a recession. Most people talking about the economy |
| 0:39.3 | are certain we're seeing correction in the stock market soon, which doesn't mean much to me. |
| 0:46.2 | I eat ramen a lot if you want to know how my financial situation is. They have also said |
| 0:52.1 | the word recession a lot recently, but since they don't really tell us |
| 0:56.8 | until we're already months into it, how do we know before they tell us? Inflation will go down |
| 1:03.1 | during a recession, right? And that will happen before they tell us. Just wondering what the |
| 1:09.5 | signs are. Right. A recession is two consecutive quarters, |
| 1:15.1 | so six months, of GDP contraction. You normally know after three months, but officially, it takes |
| 1:22.6 | six months to know. You're looking for the signs. If you want better results in search, replace the word signs for the term leading indicators. |
| 1:33.4 | That's financial speak for the stuff that happens before. |
| 1:37.5 | Okay, so inflation going down a bit is a sign of decreased demand and spending. |
| 1:43.7 | And we're kind of seeing that, but that alone isn't enough. |
| 1:48.0 | While you have technical indicators like yield curve inversions, |
| 1:52.0 | which isn't looking good, the Psalm rule and so on, |
| 1:56.0 | there are also easier leading indicators. |
| 2:00.0 | One is consumer confidence. |
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