Citi Group Goes Super Bearish

In today's episode, we explore Citigroup's recent super bearish outlook on the U.S. economy and their prediction of significant rate cuts in the near future. We also dive into the latest ADP report and discuss its implications for the job market. Additionally, we examine the potential parallels between today's economic environment and the 1950s and 1970s, highlighting what these historical comparisons could mean for the future. Lastly, we provide updates on notable market figures and discuss opportunities in small multifamily real estate. [0:00] Citigroup's Super Bearish Forecast - Citigroup predicts 200 basis points in rate cuts over the next eight meetings. [1:32] Job Market Weakening - Analysis of the JOLTS report and ADP report showing weakening job openings and additions. [4:54] Upcoming BLS Report - Expectations for the upcoming Bureau of Labor Statistics report and its potential impact. [5:29] Billionaire Barry's Struggles - Discussion on Barry Sternlicht's recent challenges and his need for rate cuts to stabilize his assets. [7:06] 1970s vs. 1950s Economic Comparison - Examining whether the U.S. economy is heading for a 1970s-style stagflation or a 1950s-style recovery. [10:10] Roaring Kitty's Success - Highlighting Roaring Kitty's incredible transformation of $53,000 into $300 million. [11:26] School Community Session with Bob Langworthy - Recap of the recent session on taxes, available exclusively to the school community. [12:49] Upcoming Session with Jonathan Twombly - Details on the upcoming session focused on opportunities in small multifamily real estate. [14:31] Uneducated Economist and Think Media - Encouraging listeners to watch the inspiring interview with the Uneducated Economist on Think Media. [14:59] Bill Allen's Three-Day Challenge - Information on Bill Allen's challenge to help kids learn sales and marketing, available to the school community. One Rental at a Time: Access the 54-year real estate spreadsheet and other valuable resources. Join the School Community: Sign up for special content and expert sessions (link is illustrative). Think Media Interview with Uneducated Economist: Watch the interview for inspiration (link is illustrative). Thank you for joining today's insightful episode. If you enjoyed our discussion and found it valuable, please rate, follow, share, and review our podcast. Your support helps us continue to deliver quality content. Stay informed, stay proactive, and remember, understanding market trends and leveraging educational opportunities is key to navigating these economic shifts. 📖 BUY One Rental at a Time https://amzn.to/3jt3JFx 📣 Audible Version Here https://amzn.to/3jtLDTQ OR 🏆 Buy 15 Conversations with Real Estate Millionaires https://amzn.to/3JwEsVm Dion from Dion Talk is Narrator!!! NOW ON AUDIBLE https://www.audible.com/pd/B0BDPSZW3Y/?source_code=AUDFPWS0223189MWT-BK-ACX0-322007&ref=acx_bty_BK_ACX0_322007_rh_us 📸 INSTAGRAM: Please follow. Daily original content! https://www.instagram.com/onerentalatatime/ 📬 (MUST JOIN!) PRIVATE Facebook Group: One Rental at a Time Works This is a VERY private group that is only available to my students of "How to Get Started One Rental at a Time" In the group, you will be around hundreds of other students all doing the work. Please introduce yourself when you join! JOIN HERE: https://bit.ly/3tEQhRm TEACHABLE COURSES: Join the THOUSANDS of students changing their financial future with DAILY execution! 💎 How to Get Started One Rental at a Time: This course is changing lives! Investors focus and do the daily work required to learn their market and only do GOOD Deals. JOIN HERE: https://bit.ly/3uDrkHq 💸 Get Money Right: This course is about making you the CFO of your money. It shows you how choices can keep you poor or set you free. It highlights your Financial Health Score and provides a monthly budget to help you track spending. JOIN HERE: https://bit.ly/3wbN9yr 📲 MENTORING OPTION: I built my courses to run without me but some folks find themselves in interesting situations and they want to ask questions directly. So after much thought I have created this option that includes one “30 Minute Mentoring” session that can be used at students request. JOIN HERE: https://bit.ly/3hivsc5 ✍️ FREE COURSE: I put together a Free Course so people can get to know me a little more and have fun getting started with no cost. JOIN HERE: https://bit.ly/3hdMbgK 📣AUDIOBOOK: https://amzn.to/3jtLDTQ PLEASE LEAVE 5 Stars! *** Tag me on IG with a book selfie! 🧢 MERCH: I have created some fun merchandise designed by my daughter. Check out Merch Page here: https://one-rental-at-a-time.myshopify.com/