Published On Apr 1, 2024
In this video ( Is US Economy Close to Recession? Rick Sharga Explains ) , you will learn about the key economic indicators to consider, including GDP, unemployment rate, and consumer spending.
Our expert ( Rick Sharga ) explains how these factors affect the housing market and offers tips for navigating a possible recession.
Whether you're a seasoned investor or just starting out, this video provides valuable insights for making informed decisions."
In this video, we discussed the following points :
- Explanation of the current economy and the possibility of a recession
- Overview of key economic indicators such as GDP, unemployment rate, and consumer spending
- Connection between the economy and the housing market
- Tips for real estate investors on how to navigate a potential recession
- Information presented in an accessible and easy-to-understand manner.
Chapters:
0:00 - Intro
1:06 - Economy Overview
1:53 - GDP Basics
4:59 - Low Unemployment
6:47 - Wage vs. Inflation
9:12 - Economic Fundamentals
11:58 - Consumer Confidence
14:04 - Credit & Savings
18:03 - Wage Growth Hope
20:31 - Yield Curve & Recession
24:47 - Recession & Real Estate
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