Are We In A Recession Now?

✅Check out my private, online investment community (Rebel Capitalist Pro) with Chris MacIntosh, Lyn Alden and many more for $1!! click here

✅Rebel Capitalist merchandise

Cameron Long

Cameron Long

Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.

Read More About Cameron →    Get the AI Trader's Playbook

Similar Posts

51 Comments

  1. I’m sitting on a half full flight on a normally busy route as I watch this. My own personal leading indicator is butts in airplane seats, and it’s screaming recession.

    1. Consumer sentiment says credit card and car loan payments past dues are rising at a fast rate.@@grimaffiliations3671

  2. Recession started more than a year ago per my sales of discretionary items. All the economic indicators indicating otherwise are managed and manipulated to maintain a potemkin facade.

  3. I love the evil laugh you make when you talk about the financial market. It’s like a cheery warning that impending catastrophe is coming. 😀

  4. “central planners are so clever…” Great line George. This is probably the most important insightful video you have produced – thanks.

    1. @@17noneya they didn’t recessions in the states have always been called exclusively by the NBER

  5. IMO “They” wouldn’t never let a recession, market crash, economic crisis, or what you wanna call it, to occur in 2024 because of the presidential election. Maybe in 2025.

    1. If you watch the video you notice in 2008 “they” knew we were in recession in 08 but waited until december (after the election) to announce it. Probably something like that now. Especially to blame it on Trump.

  6. My Barometer is a local auction company that sells all your stuff when you go broke or abandon your business , and they have plenty of active auctions now !

  7. This looks more like the lead into a recession rather than the actual recession. Government spending has probably held off the start of the recession, however, the impact of higher debt levels will start to unnerve people at some stage.

  8. Sitting on a very generous cash pile and getting TLT and TMF on sale. I’m not selling my long positions yet , I’m waiting for that confirmation after rate cuts.

  9. Another thing you forgot to mention is that the job numbers have been consistently revised down for the last twelve months. Everyone in the msm hypes up the number of jobs created but they always get revised down later but no one pays attention to that. America is losing full time jobs but the people who had full time jobs are now working multiple part time jobs to make ends meet which is not a sign of a healthy economy.

  10. Instead of trying to predict and prognosticate whether or not we’re going into a recession, a better strategy is simply having a portfolio that’s well prepared for any eventuality, that’s how some folks’ been averaging 15% every 7week according to Bloomberg

    1. Predicting short-term market movements is extremely difficult in reality. It requires the investor to be right twice: Essentially why individuals engage service of experts who provide proper strategies to navigate the markets

    2. The US-Stock Market had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look I’ve netted over $850k in the past 10months.

    3. I think that is a brilliant idea, I tried managing my stock portfolio by myself and I lost 50% of my savings in a very short period. That prompted me to hire a financial advisor. Since then I have made up to $680K in returns.

  11. Im only 50, travelled & lived in multiple states. I’m not rich but I’m on the fiscally sound side of upper-mid class watching people drop in standard of living all around me.

    Observations around me–no charts or stats.

    Homeless: way higher then I’ve ever seen. Everywhere.

    Cars towed: higher than I’ve ever seen.

    Multiple cars parked in front of single fam homes (moving back in, sharing rent/mortgage, etc.) way higher than Ive ever seen.

    Cost of food (eating out and groceries).

    People I know or know of with a second job: Higher than Ive ever seen.

    People I know of out of work but subsidized by gov, or credit, or both: as absurd as I’ve ever seen.

    The ridiculous amount of brazen shoplifting, “porch pirates”, shoplifting counter-measures, store closures from theft: worse than ever and trending strongly in the wrong direction…

    So I’m gonna use all the un-scientific evidence of just “observing things around me” to say…

    Yeah, we’re in a recession.

    There’s a lot of delusional/dumb credit still splashing around, and a decent amount of people who already made their money, or have good jobs, or dual incomes that are relatively uneffected or in industries less hurt as of now and still avoiding layoffs… as of now…

    Still, its just fancy window dressing.

    It’s nasty out there for the vast majority.

    I think the lag and “nervous system response” of our economy… plus a media that is based on shock, that cant see a bout 48hrs in either direction that reports only the immediate present with skewed or zero context… well, just aren’t admitting we are in one.

    Then when we do, as a nation, millions are going to be clueless as to how it happened, and willing to do ‘whatever’ to make it go away. 👈that’s no bueno bro.

  12. In the construction service industry, covid $$ is just about gone, we have guys sitting the bench, more to come, people don’t realize how bid covid money kept things going, We installed, updated, expanded so many building functions in the name of covid, if the bulk of people found out how much covid money was shilled out to a certain voter base, they would be extremely sick

Leave a Reply to @ReconPro Cancel reply

Your email address will not be published. Required fields are marked *