Andrei Jikh: a call with no clear direction

The window it was checked over

Real GDP: U.S. Bureau of Economic Analysis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

therefore interest rates are going up. So, it's a lot more expensive to borrow money. Therefore, consumer spending is going to have to come down, which it already started doing. And it'll probably take anywhere between 12 to 18 months for everything to really start to cool off because think about it. Everything we feel now in terms of inflation is because of the stimulus that happened 12 to 18 months ago. That was a while back. So, just like we're experiencing the crunch of interest rates going up, that won't be felt until a while from now. The middle of next year to the end of next year, I'd say, is when we really start to feel the effects of all the slowdown. But regardless of what happens, I'm still going to continue to dollar cost average into the market and definitely lower my spending. As always, have a wonderful rest of your day. Smash the like button. Subscribe if you haven't already. Go grab up to $250 worth of free Bitcoin right here. Please remember, do not keep your Bitcoin and your crypto online. Get the free money, move it offline to a cold storage wallet, and don't forget to grab your free stocks. Links are down below, and then go track them automatically with a spreadsheet linked

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