Capital Wealth Planning’s Kevin Simpson and Aureus Asset Management’s Karen Firestone join Brian Sullivan and the ‘CNBC Special: Taking Stock’ to discuss how investors can play any Fed outcome. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
https://www.cnbc.com/select/best-credit-cards/
#CNBC
#CNBCTV
"A real entrepreneur is somebody who has no safety net underneath them." –Henry Kravis
I began accumulating wealth when I started following up my investment properly, The value of expert mentorship cannot be overstated. Without proper mentoring, people tend to make mistakes and loose money. This is why I prefer to invest with Juliann Hart because her methods are unique and extremely profitable-
OMG! If this lady was my hedge funds manager, I'd request all my assets back because the auto sector will be the first to go bust.
What if Consumers starts defaulting?
That scenario highly possible. Companies already started layoffs. From where they will spend more ?
Here consumerism will fail ?
Consumer debt is not causing inflation, government debt is causing inflation. Stop blaming the people and start fixing the economy
Why pay back your debt? Gov't doesn't want students to pay back their loans, SBA doesn't want PPP loans paid back. So what the hell. Who else is going to get stuck with debt. Taxpayer WON'T take much more.
You nailed it bud if people don't pay it back, they can just either A. who cares or B. BK. On top of that, they will likely still have a job and will not have to worry about that 30% interest rate and keep buying stuff. The big bank will not hurt, so don't cry for them. The Fed will back them no matter what. This is why they don't verify income and give everyone high-limit drugs, I mean high credit limits.
Wall Street Jerry just Flew over in his Helicopter dropping tons of Money on top of his Buddies at Wall Street.
Retail sales @ 3% and cpi @ 6.4% does not mean the market is strong. Don’t know if ppl understand wtf im talking about !
The current system is completely unsustainable. The only reason it continues 'as if' is lending and debt. Lending for healthcare, for homes, for education, and plain old credit cards. trouble is, when the bottom falls out, the lenders get bailed out and consolidated, and everyone else loses their shirt.
Ok debt versus deficit with consumers, if ya mean true negative balance then call it deficit instead of debt. Debt doesn't mean being in the negative, just is obligations one has, IE bills rent food ect. Come on CNBC, even you should know this.
Consistency is the key <<<<Despite the financial instability all over the world, I’m so excited I’ve been earning $45,000 from my $10,000 investment every 10days…
She's been watching CarMax for years? Even with any good performance or news or their conviction about the company and its stock, it takes them years to come around and make an investment? I thought timing the market in any situation is a fool's game.
This seems like the worst period.
Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
It's time to redistribute even more wealth from ordinary people to the super rich.
America will not be America if consumers stop spending. The spending frenzy needs to go on forever and Americans should live a prosperous life even if the world is starved to death. That's the definition of America.
The United States government has no intention on ever repaying / paying off the national debt. Why should the public want to pay their debts…. what is good for the goose is good for the gander. Best wishes ??.
One day at a time is what ir is good luck
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income, particularly on a monthly basis.