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The inflation report was released this morning, and it was 8.3%, higher than expected. It then tanked the stock market with the dow jones down 500 points in the morning and 1200 by close.
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27 comments
Good reminder to not look at my portfolio!! 😂We’re all feeling the pain right now with these crazy inflation numbers but we’re all in it together! Thanks for the update Ben!
Let’s go Brandon!
And if the railroads strike it's gonna get even worse.
This was pure panic, dumb, dumb reaction by investors. It will reverse, as all those clowns realize their mistake.
Just means stocks are on sale. Don’t panic just buy
Just received notice that my High-Yield savings account is up to 2.5% WOO-HOO! Glad I've been shoveling money into that instead of stocks (or crypto!)
I N’Sync’d it today. Buy buy buy.
When I signed up for Webull I only got $7.20 in stock value. They also offered to refund a $75 fee for transferring my assets and haven't done so.
Wait the inflation reduction act did not work???? lol of course it worked , if by worked you mean that inflation is going up instead of down.
😭😭😭
your videos have dramatically dropped in quality too.
Brandon should be impeached, if not indicted, for stealing gas from the strategic oil reserves. How can what he's been doing be legal?
I signed up for Webull and got 6 stocks worth $37.01. I'm mostly going to use it to buy crypto, not much just a little here and there.
Free Badakafcare is the silver lining.
How big is the deep you are expecting?
The quickest way to destroy a city is through price controls. Rent is too dmn high party is the dumbest thing I can think of.
Let’s go Brandon
8.3% inflation means $108.30 now buys what $100 did last year. If $100 now buys what $91.70 did last year, you're actually talking about 9.1% inflation (100/91.7). I know, math is hard for a YouTuber 🤣
So, what's the ibond rate is going to be?
So, when they announce the next rate increase on September 21st when does the rate go into effect at banks? When do the banks adjust their rates; the following day? I just wanted to get some clarity on that.
thankfully, your videos have increased in quality.
Love the haircut man! I appreciate the solid advice. This is one of the few channels out there where I feel the creator actually cares about their audience and helping them grow financially. Glad to see your sub count continuously going up! You deserve it Ben 🙂
It’s Trump or Putin’s fault
Despite the economic downturn,I'm so happy☺️. I have been earning $ 60,000 returns from my $7,000 investment every 13days.
The market cycle still hasn't met its balance, we keep going round in circles while waiting for that bullish run on a great support. However in the mean time we could always ignore the market ups and downs and stay fully invested. Big thanks to Mr Kennet Gibbs for helping me earn over 13 btc by implementing his method and following his guide..
Great information and knowledge. <Starting early is the best way of getting ahead to build wealth, investing remains a priority. I stand to say Crypto-currency and Stock market still remains the best option for now. truth is If you stay invested and ignore the market's ups and downs, you'll make a lot of money in the long run, that’s why it’s better to trade<I stopped panicking about my BTC the very moment I started working with Kennet Gibbs last year, his confidence and skills is on a maximum level..
Only thing i disagree with is the narrative that “gas is down” is actually up. So that is just broadcasting you are ok with then dropping it $1 but its still up $1.50