VIP Financial Education's video: The Four Horsemen of the Recession

The 4 horsemen of the recession have arrived in the United Auto Workers Strike, the restart of student loan payments, the price of oil, and the mortgage rates effect on the housing market. Number One: The United Auto Workers strike has the potential to significantly disrupt the automotive industry. While historical data suggests potential effects on economic output, hiring, and inflation, the magnitude of these effects hinges on the strike's breadth and duration. The second economic shock we’re faced with is the resumption of federal student loan payments. Now this is something we’ve talked about before, but it needs mentioning as it affects nearly 44 million borrowers and has been a topic of major concern among economists and analysts due to its potential impact on the economy. Now the third economic shock we’re faced with is the price of oil. Oil is on a trajectory towards surpassing the $100 per barrel mark. A look back at U.S. history shows that oil price surges have consistently acted as catalysts for economic downturns. Number four is in the housing market: specifically in the resurgence of mortgage rates approaching 8% raising concerns about a renewed housing market slowdown. The Federal Reserve's efforts to combat inflation by gradually increasing interest rates have introduced a series of complexities affecting investors, businesses, and consumers. Timestamps: 0:00 - The 4 Horsemen of the Recession 0:17 - UAW Strike 2:57 - Student Loan Payments Restart 5:10 - The Price of Oil 6:26 - Mortgage Rates & Housing Market Get one-on-one coaching with Matthew Pillmore: ► http://www.FreeCoachingCalendar.com Get your FREE Cash Flow Cruncher budgeting spreadsheet here: ► http://www.cashflowcruncher.com It's way more than just a budgeting spreadsheet! Manage your finances completely and easily with the Cash Flow Cruncher, our gift to you just for being a viewer of the channel! Getting into Real Estate? Check out the Real Estate Investment Analysis Worksheet, a FREE resource that helps you calculate whether or not a property will be a money-making machine for you! ► http://www.investmentanalysisworksheet.com Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/vipfinancialed Much like Robert Kiyosaki, VIP is all about utilizing leverage (via Debt Weapons) to increase cash flow through investing in all types of things, from real estate to small businesses. VIP differs in their approach to the follow-through, utilizing some of the things Dave Ramsey teaches - optimizing your cash flow by decreasing expenses - however VIP differs there too. We are all about maintaining the lifestyle design YOU want, all while optimizing your expenses through creative approaches. We're all about the best of both worlds. Make sure to check out our social channels for more insight and industry news! Facebook - https://www.facebook.com/VIPFinancialEducation/ Instagram - https://www.instagram.com/vipfinancialed/ Instagram (Lifestyle) - https://www.instagram.com/vipfinancialedlifestyle/ Twitter - https://twitter.com/VIPFinancialEd LinkedIn - https://www.linkedin.com/in/vipfinancialed/ BBB A+ Rating - https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/ Disclaimer and Waiver — VIP Enterprises, LLC, its owners, officers, directors, employees, subsidiaries, service providers, content providers and agents (referred to as "VIP Financial Education") are not financial or investment advisers and not licensed to sell securities or investments. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offerings. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk and results always vary. The content is provided 'as is' and without warranties, either expressed or implied. VIP Enterprises does not promise or guarantee any income or particular result from your use of the information contained herein. Under no circumstances will VIP Enterprises be liable for any loss or damage caused by your reliance on the information contained herein. It is your responsibility to evaluate any information, opinion, advice or other content contained. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, or other content. Furthermore, from time to time VIP Enterprises may earn an affiliate commission when a viewer purchases a product, program, or service as a result of our content.