The Great Reset is Coming | Recession Date SET.

About this Video

• Video Title: The Great Reset is Coming | Recession Date SET.
• Channel: Meet Kevin
• Speakers: Kevin
• Duration: 00:14:39

Introduction

This video discusses the possibility of an upcoming recession. Kevin analyzes various economic indicators, including job openings data, consumer confidence reports, and GDP estimates, to predict the timing and potential impact of a recession. He also offers investment strategies for navigating this uncertain economic climate.

Key Takeaways

• Recession Prediction: Based on analysis of economic indicators like the Atlanta Fed's real GDP estimates and data from companies such as Southwest and Pepsi, a recession is predicted for late May/early June 2024, with the most significant impact felt in the summer of 2025.
• Economic Indicators: Several indicators point towards a potential recession: declining consumer confidence, rising trade deficits, falling new orders in manufacturing, and layoffs in various sectors.
• Market Volatility: A potential "FOMO" (fear of missing out) rally might occur before the full impact of the recession hits, potentially pushing markets upward temporarily before a significant downturn.
• Investment Strategies: The presenter suggests using trailing stops in the stock market to mitigate potential losses during a recession. He also recommends diversifying investments, mentioning House Hack as a potential alternative.
• Federal Reserve Response: The Federal Reserve's response to the recession is predicted to be delayed, potentially leading to a later intervention with interest rate cuts to address deflation.