Today’s video is about the consumer confidence report that just came out of the University Of Michigan. It looks like consumer confidence is at an all time low, what does that mean for you? You need to be prepared!
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Links used in the video:
https://www.bloomberg.com/news/articles/2025-02-07/us-consumer-sentiment-drops-to-seven-month-low-on-price-worries?sref=rWFqAg1Y
https://www.yahoo.com/news/us-jobs-report-today-employers-133328575.html?fr=sycsrp_catchall
https://finance.yahoo.com/news/trump-seek-end-carried-interest-184956595.html?fr=sycsrp_catchall
https://www.bls.gov/news.release/pdf/realer.pdf
https://www.bloomberg.com/news/articles/2025-02-07/us-consumer-borrowing-surges-by-40-8-billion-most-on-record?sref=rWFqAg1Y
https://fred.stlouisfed.org/series/REVOLSL
https://www.bloomberg.com/news/articles/2025-02-07/us-consumer-borrowing-surges-by-40-8-billion-most-on-record?sref=rWFqAg1Y
https://fred.stlouisfed.org/series/REVOLSL
https://www.bloomberg.com/news/articles/2025-02-05/russians-hunt-to-shield-savings-pushes-gold-purchases-to-record?sref=rWFqAg1Y
https://www.xe.com/currencycharts/?from=XAU&to=RUB&view=5Y
https://www.xe.com/currencycharts/?from=XAG&to=RUB&view=5Y
https://www.xe.com/currencycharts/?from=USD&to=RUB&view=5Y
(remember some of the charts have parameters and will expire if you google search the chart it will come right up)
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Lynette Zang is an economist that has been involved in the markets at some level since 1964, as a student, banker, stockbroker and precious metals and currency analyst. She has been studying currency lifecycles since 1987 and discovered similar social, economic, and financial patterns that occur throughout the stages of a currency’s lifetime. She believes that recognizing these patterns enables people to see what’s coming and make well-informed choices that put their best interest first.
Together, Lynette, her team of experts and special guests share how to best prepare for economic uncertainty. Focus will be in the areas of Lynette’s mantra and how to be equipped in the key areas of Food, Water, Energy, Security, Wealth Preservation, Barterability, Shelter and last, but certainly not least, Community.
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