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Rebel Capitalist News

News: You Won't Believe What The Experts Are NOW Predicting For 2024

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 18 October 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

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

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✅ 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

Click on a timestamp to play from that location

0:00.0

Hello, fellow Rebel capitalists, hope you're well.

0:02.3

So the experts have come out and made their predictions for 2024,

0:10.0

and this is something you won't believe.

0:14.0

It is completely removed from the average Joe and Jane.

0:20.0

Let's get right over to the Wall Street Journal.

0:22.0

You'll see exactly what I'm referring to. So here we go. Whoops, title. The recession is no longer consensus. In fact, it's off the table, guys.

0:32.6

You don't have to worry about it, the economy is booming,

0:35.5

just forget about the fact that you can't afford to put food on the table

0:39.2

and you can't afford to put a roof over your head

0:41.2

and just completely ignore that.

0:43.6

And the whole marketplace with the bond market,

0:47.2

you know, and the yield curve, just completely ignore that

0:50.8

and focus on one thing, one thing only.

0:53.7

That is the unemployment rate and what has happened

0:56.9

over the last six months.

0:58.4

So the main reason I wanted to go over this story

1:01.2

was not just to tell you kind of what's going on in the news, but more so to help give you insight as to how these mainstream economists, talking heads in the financial media operate.

1:15.0

Their number one priority is what?

1:18.0

We discuss this on this channel all the time.

1:21.2

It's keeping their job. so all of the predictions that they make

1:25.8

whether it's for 2024 or you know for the rest of 2023 whatever it is I can almost guarantee you that the majority, the consensus view,

1:38.0

is going to be simply whatever has happened in the last six months. that's just going to continue to happen forever,

...

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