Fed Chair Jerome Powell announced that the fight against inflation will bring some pain. And as a result of that Friday, stock market fell 1000 points.

So should we be concerned about a global recession and what most importantly, what should we invest in?

Absolutely. So back in the day when 50 had G unit, it came a point when he has set young Buck Lloyd Bank style, Tony, you know, and then he has to give him the real

feel like things are tough. Provide to use the only one shooting his own videos and dropping the midstate things are tough. So normally when institutions or the Federal Reserve speaks in common language, you know, it's really bad.

Normally they're talking to other institutions and banks, but when he said shout it to met the math, this is going to bring some pain. It is bad.

And I've been telling you since the last November, the market was going to fall apart. Here we are. And I was listening to Bloomberg earlier there, even saying the institutions and banks are finally saying 2023.

We are going to have a global recession. So anytime that the Fed chair states clearly win trouble, it's going to get bad. I would lean less on the verification. I would do.

Once again, top two.

So like Apple Microsoft, one index fund. I would do two crypto, probably Bitcoin Ethereum and then a dark horse. So if you like Algorand or XRP or

but the first two you have have to be really solid for the next probably 19 months to 24 months.

The economy is going to be really tough. That's in P is going to end up probably in a positive, but the economy is going to be very, very, very rough.

Like imagine if you're a kid and you come home and you see your mom and dad crying and you're like, what's wrong? We're like, we lost everything.

He was like two seconds away from saying that kind of statement. Things to getting really rough. Yeah, but I feel like he kind of did, right? When he said who are the people that are going to be affected the most.

And we said he said it's going to be businesses and people every day person.

That's pretty much encompasses everybody. So just giving context to it. It was like, well, why is he saying it's going to be bad? Well, inflation hasn't slowed down.

And I think I remember this post. It was like inflation's rate in March was 8.9.

Inflation's rate in July was 8.8. And they were like everybody went crazy like, oh my gosh, inflation slowing down. But from everything that they're looking at, right? And obviously, you know, mother hasn't ended.

But everything they looking at this saying like this thing isn't slowing down. So we have to raise hikes again. And so now that there is like, well, what is it going to be? It's going to be three quarters.

Or is it going to be a whole point? And how long are we going to keep doing this? And kind of, and he only spoke for eight minutes, which is very unusual.

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