The Fed Wants You To Get Ready For A LONG Recovery

Minority Mindset

Minority Mindset

May 14th, 2020

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Get a 10-Day Free Trial of Market Insiders: https://theminoritymindset.com/Market-Insiders . . 🚨Subscribe to our FREE Finance & Business Newsletter🚨 Financial News You Can Finally Use: http://bit.ly/M2FreeNewsletter The Federal Reserve Bank's chairman Jerome Powell said that the United States could see lasting damage in the economy and the stock market and we also have significant downside risk in the economy. Subscribe To Our Channel: http://bit.ly/M2YouTube Recommended: The Cost Of Printing "Free" Money: https://youtu.be/tkwCkliHwKQ Things You NEED To Understand About The New Economy: https://www.youtube.com/watch?v=Ziya5w6BELg&list=PLKsS_EjCEmdpTPQF64uDehmbsuHkB5P-i Why Financial Education Is More Important Now Than Ever: https://www.youtube.com/watch?v=0cScikkNXqQ&list=PLKsS_EjCEmdp1Ou6YeukY1refAQY251ef The Fed Said Get Ready For A LONG Recovery 0:50 - The Federal Reserve Bank's changing opinions on how the United States economy will recover 2:57 - Is the stock market overvalued based on forward price to earnings ratios because the S&P's forward P/E is now over 20 4:15 - The last time we saw stock values this high based on future earnings was during the 2000 bubble 5:05 - How the Fed is supporting the stock market 6:12 - The Fed's concern over liquidity and solvency issues in the economy 6:55 - The Monthly Economic Crisis Support Act proposal to send Americans $2,000 a month 8:08 - Deflation in the economy 8:50 - How deflation hurts our economy 9:50 - The price of groceries are growing faster than we've seen in almost 50 years 10:47 - How inflation works 11:45 - Why you want to stay on top of the finance and business news What Is The Minority Mindset? We are a financial news & education company. The Minority Mindset has nothing to do with the way you look, your ethnicity, or your skin color. It's the mindset of thinking differently than the majority of people when it comes to your money. #MIH #GetMoneySmart Check out some of our recommended products! Please note: some of the links are from our sponsors, so if you use them, we will get compensated. There's no additional cost to you. ---------- ➤ Fundrise 1) 🏠 Fundrise - Invest in real estate with as little as $500! See the historical returns here: http://bit.ly/InvestFundrise ---------- ➤ CIT Bank 2) 🏦 CIT Bank - Get a much better interest rate on your savings account with no fees. CIT Bank is FDIC Insured and conditions apply: http://bit.ly/CITsavings ---------- ➤ Webull 3) 📈 Webull - Buy & sell stocks, pay $0 in commissions, and get a free stock: http://bit.ly/m2WebullFreeStock ---------- ➤ Credit Cards 4) 💰 Credit cards are great if you know how to use them the right way. Here's a breakdown of our favorite cards: Best cash back credit cards: https://theminoritymindset.com/best-cash-back-credit-card-personal/ Best travel credit cards: https://theminoritymindset.com/travel-credit-card/ Best business credit cards: https://theminoritymindset.com/business-credit-card/ ---------- ➤Credible 5) 💸 Credible - Refinance your student loans with the lowest interest rates possible - see how much you can saving: https://bit.ly/m2RefinanceLoan ---------- ➤ Policygenius 6) 🛡 Policygenius - make sure your family is protected with life insurance. Policygenius will find you the best deal at no additional cost: http://bit.ly/PolicygeniusLifeYT ---------- ➤ Airbnb 7) 🏘 Airbnb - earn extra income by listing your home: http://bit.ly/M2Airbnb ---------- Twitter: https://www.Twitter.com/MinorityM1ndset Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset See more & read our blog! http://www.TheMinorityMindset.com This Video: https://youtu.be/EJulTKj3zUU Channel: https://www.youtube.com/MinorityMindset Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.
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