#recession #inflation #MohamedElErien
Mohamed El-Erian, Allianz SE Chief Economic Adviser & former PIMCO CEO, joins ‘Influencers with Yahoo Finance Editor-in-Chief Andy Serwer’ to discuss the possibility of recession, inflation and the U.S. economy.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
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FEDs job is to cut interest rates and print money to push up assets. It’s not doing its job at the moment.
Z
Don’t we all just hate these Gentlemanly euphemisms?
TRANSLATION: “…greed-greed-greed…has become more entrenched and broad-based in our Economy”.
Me thinketh important to occasionally talk to your butler after he comes back., from shopping for your………..champagne and caviar!@!?😝🤪😜😉
P.S. He seems to know a lot about…..football!!!😃
Thank you Andy Serwer for bringing up deglobalization. 10’s of millions of good paying jobs went to China; now, a portion of that supply chain is coming home. Deglobalization is going to complicate slowing down the US economy and inflation. Too many of the young business reporters are focused on quarter point moves in the Fed funds rate to see the big picture.
As for the worst Fed chair ever, he has a law degree, no econ degree and it shows. He was too busy pumping $120 billion a month into his old private equity buddies pockets to see the deleterious effect it was having on inflation. Great for short term profits though.
We are in a recession already lmao the definition has been changed wtfffffffffff
It’s so odd how the FED kept saying “Transitory” when all of us with common sense and listening to the other experts saying “No!” idiots, it’s NOT. Weird. haha .
But you didn’t do anything, you should have went out to really make yourself listen not about the social “problems” that are non existent but the real problem that was ocurring with the FED.
I THOUGHT WE WERE ALREADY IN A RECESSION SINCE WE HAVE ALREADY 2 NEGATIVE CONSECUTIVE QUARTERS…
This guy is the sterotypical academic who is bought and paid for and propogates the very problem that got us all here – CENTRAL BANKS. Nothing as important as money supply and interest rates should be determined by a central planning authority. Mohamed lost all credibility when he said he thinks central banking is needed lol. Give me a break – they are the root problem of almost every problem of the last century. They are printing money attached to nothing and buying all the assets they can! Make NO mistake this is all planned and nothing is by accident.
Mohamed is dangerous to the stock market. He thinks he knows everything. But he doesn’t.
Inflation is created by the government/fed, by both shutting down the economy thus reducing output & massively increasing the money supply.< Flooding the money supply without increased production reduces demand for dollars causing real inflation.>
Central Banks created a lot of problems. They’ve become political entities that do not function properly. This stagflationary economy was decades in the making. There’s no cushion of savings for a soft landing. This recession is destined to be a depression.
Absolutely need central banks. 🤑🤔 who does this guy really work for?
Powel should be sacked.
Need to stop spending on stupid wars.
Sanctions are destroying Europes economy America gets a new costumer for its gas
Surprised the FED haven’t came to him for help he seems to no it all.
The guy has no clue what he’s talking about.
He is sounding like an 🇺🇸 propagandist
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Where have you been WE ARE IN RECESSION!!!! Period!!!!
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The FED doesn’t need to regain its credibility. It needs abolished.
This inflation is a result of scarcity and surging money supply, not prosperity or economic activity.
No we need to get back to a world of full reserve banking we should leave fractional reserve banking to the history books
The Market has been pretty bad until today it decided to surge. Everybody was Practically Crying then. It kept dipping. That’s what you get when you feel you can navigate the process on your own. Big thank to Alexis caballero. I’m not bothered with how bad the Market is because my assests are insured due to her advice and I still receive my profits
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What does he mean we aren’t in a recession? The definition hasn’t changed.. *YET* 🙄
How could he say we are not in recession, we have had two consecutive quarters of GDP that have gone down!
Yea but they don’t act politically autonomous
He would be the best person to avoid the r world…if you know what I mean 😆
This time recession happen because big zombie companies pre ready once all Bank year 2020 and 2021 interest rates offer very low this zombie company took advantage they got billion of money to borrow loans with banks very low-interest rates, Now this zombie company has so many savings, second plan for this zombie company they keep money in saving and let go own employee for unemployment.
FED and all Banks were sleeping once they awake up Fed and bank noticed there is no money. FED and bank start increasing interest rates.
This interest rate will remain high until 2030.
We as a public kill the retail market for example Walmart. Good work
Now we have to kill Telecommunication Zombie company Not to purchase Cell DATA Plane.
Inflation happens from the year 2008 up to immigration and money laundering.
negligence of border security.
Some may go back and say this is armchair quarterbacking, but that is not the case. More than a year ago he was warning about exactly this. Mohammed had this right all along. He is the guy that should have been Fed Chairman. Supposedly, he was initially under consideration by Trump, but Trump went with the wrong guy in Powell, who is making Arthur Burns look hawkish. The Fed should raise by 75 at Jackson Hole or 100 BPS in September, ramp up balance tightening pace by a factor of 3x, and guide 75 BPS for next following meeting. Biden and his legislative agenda is working against the Fed in a big way. I think the neutral rate is going to be in 5.5% neighborhood. I was thinking 4.5% would be okay, but the irresponsible fiscal spending is raising the bar. No way will the Fed be cutting rates next year … no way, period.
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It’s easy to be an investor during the good times. It’s hard to be an investor during the hard times. If you want to be a successful investor,
I’m new into investing, but I have been studying the market crashes and I was startled at how some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market?
@Lee Marty Yes it can, I moved from an average lifestyle to earning over $20k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus. Hiring an advisor might be the best option for you as a rookie..
@Philip Parker A coach sounds like a good idea, but how can I get a reliable one considering the nature of the market today?
@Lee Marty There are good names out there, people that have shown consistency. Like Karen Marie Emma, she’s currently my coach. Lookup the name , you can reach her through her home page.
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Fundamentals do not matter at all if you’re trying to make money trading. Do not listen or pay attention to these people in suits who think they know what they’re talking about. The market has been dumping the past months and now is pumping the past weeks….yet the bearish news headlines remain the same. What moves the market directly is buying and selling not the news and/or fundamentals. It’s called the stock “Market”. Buyers and sellers control the price not the news.
Most of the comments here are scams, please don’t trust them especially when they say about WhatsApp investors. Unbelievable that YouTube is being tricked and used as scam baiting device.
We will crash to the year 2010
Shame on this man… We don’t “need” central banks. And does the interviewer not know that El-Erien served on the IMF at one point?
You mean… the Recession we’re already in?
Its natural< to see so many investors panic amid a worsening bearish market but it is also important to note that the market situation is nothing new in the crypto world.Several factors are driving negative sentiment in the stock and crypto markets right now including inflation, a shaky stock market, rising interest rates, and recession fears. As a result, bitcoin has dropped significantly from its all-time high, breaking below several key technical levels. As a crypto investor, the current situation might seem bleak. However, there are several tried and tested, expert-suggested investment strategies that can help you weather the current crypto storm. In 5 weeks of shorting and trading with signals directly from Thomas Andrew's, I have been able to accumulate 15 btc despite the state of the market.
his
El-Erian is Spot On with respect to his recommendation for a public/private partnership! He is a scholarly and articulate economist.
Thank you for this interview Mohammed makes the complex understandable
I’ve been talking a lot about the recession on my Youtube channel. It’s something that some people are trying to ignore, but it’s a reality that we are all feeling.
El Erian is having to be very diplomatic here. I wish he could speak more plainly. He is right that the fight against the climate crisis being put to the side is the wrong decision. Climate heating is not just a problem for our children. It is already causing death, injury, great environmental harm, and trillions in economic losses. It is already here, and getting worse every day.
If all that happens due to the necessary rise in rates and deglobalization is a recession, we should be pleased. Overcoming the entrenched market distortions resulting from too much stimulation for years will be very difficult.
You have been duped. Get with it. Stop panicking over nothing.
Investment has since the beginning of the world been the lodge for physical wealth and trading is the most liquid way to achieve proper investment plans when real estate is not in play. I’ve invested all my life so has my husband. When you trade with an expert like John darry you’re sure guaranteed of earning good profits so my Advice is do it and see good results quick
On telegram
Johndarry
to stop inflation amd avoid recession or depression, dont allow loans or bailouts to those who earn more than a million dollars a year. keep loan and interest rates low. outlaw banks making profit. banks should only hold money safe for the people, not profiteering . loans to the rich and military, bankster profiteering, and high interest rates, create inflation . outlaw bank profits. end loans to the greedy rich and military to stop inflation.
Inflation was caused by printing too much money it was not caused by any other thing it’s always and everywhere a economic problem of too much fake counterfeit money introduced into the system
And the FED central banks are evil
End the FED
central banks are evil
Stop sanctions give peace a chance.
My trading journey was a matriculation of highs and lows, literally just like the market. you up, you down. Now I’m constantly up
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Bababoohy
I’ve always enjoyed his benign views and easy nature. However, whether consciously or sub-consciously, he knows he is a vocal part of this corrupt system, and therefore is very careful with how much, he is willingly to say publically.
I guess as a Longtime Jets fan, he may have issues with mis-placed loyalties.
They know exactly what they are doing they did not get it wribg
…inflation is over ???? …everyone remember …this is bad analysis
What do you mean by “risk of recession”? We’re in a recession right now….
Need for a new definition of recession. Can’t have all these easy definitions just for the media and politicians. El-Erien is always right on. Great interview.
These questions are disingenuous by Serwer…and El erian answers them honestly. It is not OK to ask questions in a way to adject responsibility to the Fed. It is shocking to me that people are so blind as to how bad Powell has been.
Serwer asks questions in a way, searching for ways to not hold the Biden administration accountable, nor the Fed responsible.
Are u sure it’s not on shorings fault? You clearly don’t like the Fed Mohammed. Those are insulting to the intelligence of people who are following the markets.
I was really hopeful of my investments this year, but all my plans have been disoriented, I’ve been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market. and the Federal Reserve taking a more hawkish approach to interest rates and bond purchase tapering, a correction is underway
Yes, if you go long against the market you’d make such success.
i buy quality firms, anticipate to hold them regardless of what happens, pay up but not too much, keep track, sell only when necessary, and be ready to course correct. also ignore the forecasts and market views which are at best entertaining but completely useless. Major thanks to Susan Kay Mack my F.A…
@Larry Ron Hartfield taking note of this.
@Larry Ron Hartfield found susan’s webpage by looking up her name online…. Her resume is quite outstanding, I’ll be writing to her shortly.
how was your analysis in March 2020 when you repeatedly stated that there will be no V-shaped recovery? At which of course there was a perfect V-shaped recovery.
FED creating currency on scale never seen before for 12 years is what has caused the inflation!
Central banks cannot both fulfill their mandate and be independent, if government is unable to govern effectively. Since there has been inconsistent and limited agency for fiscal policy to direct and respond to the economy, monetary policy has had to fill the void. It is able to do so because it is independent. Yet we have become a society determined by monetary policy that is unaccountable to anyone except Mohammed. The far right has forced monetarism to replace governing. With limited tools, and no legislative power, all problems have become financialized, power and risk centralized in an unaccountable agency, and political legitimacy questioned.
So sad. Russia was offering us spare ventilators less than 2 years ago.
Very well articulated Mohamed; I wish I had more time for trial and error, but I’ll be 56 in October, I and my wife need ideas and advice on what investments to make to set us up for retirement, especially with the looming inflation and recession; my goal is to have a portfolio of at least $500k at the age of 60.
There are a lot of strategies to make tongue-wetting profit especially in this down market, but such sophisticated trades can only be carried out by proper market experts.
@Josh Spring Yes, I’ve used such expert, an investment adviser at that, and she really worked magic on my portfolio, initially I was always in and out of the market, selling at a complete loss but for the past 2years I’ve been mostly in the green, earning steady profit irrespective of market movement thus gaining over $850k+ in the past 2years.
@Mia Whitlock that’s impressive!, I could really use the expertise of this advisors , my portfolio has been down bad….who’s the person guiding you.
@Mesut Serim The Investment-adviser is actually quite known, Jessica Meador Jones, she has a wide presence on the web, you can just search her.
@Mia Whitlock I just looked up Jessica Meador Jones online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.
The West can’t give lessons, they are no better. Mohammed with all due respect, your views are very hypocritical.
My, my, .. such a great Economist does not understand the fundamentals of inflation.
Inflation was well on its way before Ukraine, before the supply chain problems, before covid. ..
These factors hurried everything along. They did not amplify it or create it. Economics 101 ☆☆ inflation is a monetary problem. look at our debt, look at the money that’s been printed. It’s a good thing the dollar is made out of cotton and linen or we would be out of trees. It’s a good thing computers came along so you can just add zeros and you don’t have to print. Inflation is a monetary problem. It is not supply and demand phenomenon.
mohammad was talking about inflation long before Russia Ukraine War
@RAY
Everybody was. I was commenting on his analogy. And I listen to it and he was blaming everything
california is getting trashed by foreign invaders
they leave their trash everywhere
This guy is a schmuck
Hey.. weap onizing the economy sound like the tools used by the political beast in revelation that dont allow anyone to buy or sell only through that nation or nations of the dragon or beasts
< First got into BTC back in 2016 and have been hodling/buying sats at different price points since. I've been through corrections before and will likely experience more over the future. Volatility is simply the price one needs to pay if they want to play. I don't have any Alts as I'm a bit of a BTC Maxi, but that said, if BTC hasn't died before, it surely won't do so now. Stick in there - yes we are all feeling the pain, but over the long run this will just be a blip. This is how I see past corrections when I felt that I got in at a high (back then I think it was less than $1000 and bouncing all over the place!). Now when I look back, all I see is regret for not having the courage in buying more at those times. But if you believe BTC has value, then by all means, buy these dips if you can afford to. For those who got in at 60 or 70K and feeling the crunch: hang in there. BTC is not a get rich quick scheme. Wait it out and you will see: you will come away stronger. I buy and just trade long term more than ever, I have made over 5.5` btc with 3.1 btc in just 7 weeks from day trading with Expert MR Jason Eddie Wright in few weeks, this is one of the best medium to backup your assets incase it goes bearish. Technical analysis is my second language You can reach Mr Jason on ͲeIєɠɾαm @ JasonEWright Cheers
Mohamed clearly lives in a bit of a Democrat Bubble…he seems to be parroting the official line that everything’s OK…I suppose on his salary that’s true!
If you have been closely watching the crypto
Investing is a good idea but if one invests wrongly then they will have a lot of years filled with regrets
I have been a member of Jeff Erno program you all are talking about for over 2 years. I want to thank Him for this trading scheme, I am up 97% this year in these uncertain markets. Thank you!
i would advise traders and newbies to work with his strategy 💯
I’m not here to converse but to share my testimony just for what I confirmed he’s trustworthy and best option ever seen.. Thanks for your good job Jeff Signal
No credibility of the federal reserve. None at all.
His first name is Mohamed.. Jesus have mercy.
About Globalisation, i wonder why El-Erien didn’t reply honestly here but just bla bla bla. Globalisation is a true problem because it showed that it’s a very vulnerable, or better, fragile system. All world companies have focused in producing in cheap Countries and those cheap Countries are not many. China is one of the main suppliers of the goods where the western companies have focused their productions (I bought my only and last Apple computer in 2010 and came with the mail from China, not from the USA). This is the weakness of globalisation, there are other weaknesses that can be resumed as, for example, the power that western politicians can excercise against these Countries with IMF and control all these production places. However, the current geopolitical situation showed that if western and eastern start a war, with Ukraine as a catalyst, then there is shortage of supply of goods, replacement parts, etc.
We are in bad hands of bad people.
One of the best analysis channels on YouTube!
Asking the Fed to claim fault. Haha.
If you don’t think the other counties can’t come up with alternative pay rails, you’re living in a cave. Technology can quickly replace them.
Talked to my millionaire uncle (been investing in Vanguard funds for 30 years) last night and asked what advice he would give investors in today’s market: “If you’re a long-term investor, you should be buying stocks now. Ignore the recession news, it doesn’t matter over the long-term.” I mean i was at a seminar and the host spoke about making well over $880,000 within 4months of investing $150,000 i just need to know how
Building my dream home on 11 acres, looking over the river valley. there are loads of ways to make a killing right now, but such high-volume near impeccable tradess can only be carried out by real-time experts.
I’ve been on both end of the spectrum, I was investing on my own for about 3years, did my own study and analysis before actually buying, things became rather difficult after the pandemic which was right about when I reached out to a portfoIio-advisor for guidance, It’s been over 2 years and I’ve scaled up a stagnant reserve of $280K to $700k in just about 24months.
@Marco Polo Interesting. I’ve a lump sum doing absolutely nothing at all in my bank account, i wanna gets something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@Wiebe Platt I’m trading with expert Susan Agnes Hancock, a regulated broker in US. Met her sometime early last year at a start up funding event. She has some interesting things to say about the state of algorithmic trading today. Obviously I’m seeing the results. she popular and has quite a following, so it shouldn’t be a hassle to find her, just search her
@Marco Polo Thanks, her website popped up on the first page immediately I searched her, I read through her resume and seems pretty tight, so I booked a call to discuss with her.
If history has taught us anything, it’s that bad market environments are the best times to find great opportunities.
@o’neil jerry The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse is near.
@o’neil jerry Making money from stocks look deceptively easy. The reality is that stock market is one of the toughest mental games in the world.
@simon fes This is why being informed pays off. I see any market condition as an opportunity, so far i just dollar cost average. I am still in profits even if i decide to sell today as my average is way lower. Kudos to my Portfolio Manager ‘ *Eileen Ruth Sparks* ‘ . I don’t pay attention to the day to day movements & Returns have been good. Not retiring any time soon so who cares what happens today?
@Bobby mainz Thank you for this. I’m need for proper guidance, found her webpage and dropped her a message already.
@o’neil jerry Absolutely. My Vanguard IRA is heavily weighted in long-term value and dividend funds which didn’t dip when the stock market crashed. Leftover discretionary money can still be invested in tech and growth stocks. Win, win, win.
We are already in a recession and we are headed for a depression.
Great video and some nice tips! This is a scary time for new investors but the best thing you can do is not to make decisions based on emotions. This could actually be a good time to buy more of your high conviction stocks or crypto on a discount. Wealth is created during bear markets, not bull markets. If your portfolio is really effecting your mental health then delete the app and go for a walk. Let the market do its thing and have a long time horizon. I buy and just trade long term more than ever, I have made over 16` btc from day trading with Stacy Huth in few weeks this is one of the best medium to backup your assets incase it goes bearish.
Thanks for enlightening everyone with your own experience , I have learnt not to panic in what ever way crypto goes up or down
I can’t describe how much your help meant to me. I’ll forever cherish your great acts. thank you so much Stacy Huth .
I’ll agree with you because I’ve used her strategy in the past and was able to raise a total profit of 10.5 BTC in 6 weeks..
I invested with Stacy Huth too, she understands every beginner’s intention and fixes you to a trading plan that matches your capacity.
In my experience once you want to sell because you start to lose hope , is the moment it really starts pumping
E-E is often pessimistic, but usually accurate, yet States can’t afford recession now, geo-economically.
It’s so crazy to me that people have left crypto, it’s like a ghost town out here, but the opportunities are so damn good right now. Trading these moves is an absolute dream. Alt-coins are low as hell and ready to rip. I’m catching breakouts left and right.
This guy is always gloom and doom, he bashes the FED and never had anything positive to say.
The “absurd situation” is not that the Fed didn’t raise rates in November 2021 or that it was still adding liquidity 1st quarter 2022, that was just an extension of the absurdity. The absurdity is that the Fed didn’t slowly raise rates a decade ago to put our economy and the global economy on an even keel (effective consumer interest rates of ~5%), given over a century of data indicating that was a good, workable medium. Can anyone explain to me how near 0% interest rates (in our case) and negative interest rates in some other Western nations (like Germany) isn’t absolutely idiotic?
QE should be illegal. QE distorts capital allocation, furthers inequality and bails out Wall Street. Bankruptcies are a normal part of the cycle.
don;t listen to that dude, yes we’re in a recession.
Did he just say we’re not in a recession lol
Greg Secker of Learn to Trade – plenty of info available for deep dive. Very interesting info on the forums.
I’ve been listening to him and reading his books for years and what I realize is I’m always no further ahead and only feel like I’m reading the newspaper about events when he says “a healthy Fed is good for everyone“ that summarizes the problem with the respect he is a talkinghhead and she’ll for the fed in the industry very much as Paul Krugman has always been a Nobel prize winner
Look for people who are for you first principles, contrary to popular opinion look to past authors and do not assume because the media carries them and they write books that they are useful
Anyone other than themselves and their supporters
Yes, Mohamed, the West has weaponized the payment system without having the required safeguards – and that is now the first big nail in the coffin of the SWIFT system which serves the world while less than 14% of the world’s population is backing the West that is sitting an a FIAT Dollar backed by absolutely nothing except thin air and guns. On the other side we have the BRICS nations and dozens of other nations – with over 50% of the world’s population – that are taking preparations to say good-bye to the dollar at the earliest possible date. Their currency is backed by gold and by commodities and natural resources.
The gdp numbers aren’t lying; we are technically in a soft recession. I was also shocked to see the market shooting up today. And I agree, if the market is green tomorrow I will also be pleasantly surprised and start looking for Elvis, MJ and Prince. LOL>
@Gabrielle McGuigan I think we need to stop softening the blow with the word “recession”. This is going to be a depression. 4 top economist agree on this. When the market reached high in mid 1930 it took until mid 1932 to reach the bottom. people can’t buy when they have no food, the trucks don’t have DEF to mix with the diesel to run (in all diesel trucks newer than 2009) No trucks-no food-no fertilizer.
In order for us to prepare for the future we need to look into safer investment with good prospect . If you have the mindset of investing 5 years ahead then look into Bonds, Index Funds, ETF & Bitcoin. Just keep DCA every time you get paid. My portfolio still return good gains even in this tremulous time. Credits to my Financial-Adviser *Theresa Mary Chamblee* whose skills in portfolio diversification is unmatched and client-centered. Invest in high quality companies stocks. As blue chip stocks will outlast recessions & Some will even grow during recessions.
@Nathaniel Conaboy Great points laid out Nathaniel. I am 63 & i have been working almost all my adult life. Currently approaching retirement & i think this is the last window of opportunity for me to become a millionaire before retiring, as Recessions are where millionaires are created. Currently i have some lump sum in a savings account and will like to work with a fiduciary financial advisor to achieve my goals. Please how can i reach Theresa?
@Justin Kloczko You can look her up as she has an official webpage for consultations. Also, she is verifiable across various Financial Advisory bodies; like FINRA & SEC. According to Warren Buffet “I don’t think most people are in a position to pick single stocks. A few are, maybe, but on balance, I think people are much better off buying a cross-section of America and just forgetting about it” In Other words, you need expert hands to be able to outperform the index.
@Nathaniel Conaboy Thanks for this tip. Her website popped up on the first page immediately I searched her, I read through her resume and Did my due diligence on her before leaving a message. So, hopefully she replies soon.
Im calling bullshit on this guy
You work for 40yrs to have $1M in your retirement,meanwhile some people are putting just $10K in a meme coin from just few months ago and now they are multimillionaires.
I’m new to this crypto and forex trading and I’ve been making huge loses trading on my own but recently i see alot of people earning from it. can someone please give me a new strategy or at least tell me what I’m doing wrong?
@Rosario Gomez
Most people think, investing in crypto is all about buying coins and leaving it to rise, common it takes much analysis to be a successful crypto trader.
That’s true trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade.. I will advice you not to stop trading on your own it’s very risky, seek advice of a professional trader
How long does it take to learn and make money after you get going? I might like to try it out in the future maybe, still kinda hesitate about it because I don’t know all the ends and outs, pros and cons….
Ugh I can’t stand these liberals and their climate change b/s….
They al need to stop. We all know it’s just for the rich to pass around their gov. Money without anyone asking questions.