Gary Cungu

I help investors earn superior returns for TRUE passive income 💵

Emerging Fund Manager, #Trader, #Investor, #CEO 📈💶💷

NOT FINANCIAL ADVICE

[Gary Cungu @GaryCungu]

@Winslow555 @TheMaverickWS Best fucking comment ever

[Gary Cungu @GaryCungu]

We have entered a new kind of inflation, persistent inflation.

#persistentinflation

[Gary Cungu @GaryCungu]

The data has been indicating this for over a year

[FinancialJuice @financialjuice]

FED'S POWELL: IF THE TOTALITY OF THE INCOMING DATA INDICATES THAT FASTER TIGHTENING IS REQUIRED, WE ARE PREPARED TO ACCELERATE RATE HIKES.

[Gary Cungu @GaryCungu]

The next recession will hit all countries, regardless of their economic strength or political stability.

Why?

High debt levels, declining productivity, and geopolitical instability.
#GlobalRecession #EconomicGrowth
https://t.co/7Vy2PpgW7b

[Gary Cungu @GaryCungu]

Canadian real estate market overvalued by 20-30% 😲Market set to experience one of the largest price corrections in the world.

Investors should be prepared for a potential downturn in the very near future. #realestate #Canada

https://t.co/5FxkjUR28Z

[Eric Wallerstein @ericwallerstein]

Today’s front page of @WSJ 🗞

[Gary Cungu @GaryCungu]

@ericwallerstein @WSJ amazing work @ericwallerstein

[Charlie Bilello @charliebilello]

"American millennials in their 30s have racked up debt at a historic clip since the pandemic. Their total balances hit more than $3.8 trillion in the fourth quarter, a 27% jump from late 2019. That is the steepest increase of any age group." - WSJ, Federal Reserve Bank of NY

[Gary Cungu @GaryCungu]

@HeroDividend Focus on healthy habits that contribute to their wealth

[Mr Family Office @MrFamilyOffice]

Inflation is still the 🐘 in the room for investors

Some rates around the world:

🇺🇸 6.4%
🇦🇷 98.8%
🇨🇭 3.3%
🇩🇪 8.7%
🇬🇧 10.1%
🇷🇺 11.8%
🇮🇳 6.52%
🇫🇷 6.0%
🇹🇷 57.68%
🇨🇳 2.1%
🇧🇷 5.77%
🇮🇹 10.1%
🇯🇵 4.0%
🇦🇺 7.8%
🇪🇸 5.9%
🇰🇷 5.2%
🇮🇩 5.28%
🇨🇦 6.3%
🇿🇦 6.9%
🇮🇳 6.52%
🇲🇽 7.91%
🇳🇱 7.6%
🇸🇬 6.5%

[Gary Cungu @GaryCungu]

Waiting for #inflation to transition

@federalreserve

[Gary Cungu @GaryCungu]

Inflation isn't going away. shocker!

#Economy #inflation #Fed #longerfight #bnnbloomberg

https://t.co/ug0kHsW4PT

[Dividend Hero @HeroDividend]

I’m starting to think the $1200 wasn’t worth it

[Gary Cungu @GaryCungu]

Powell says "further rate hikes may be needed as the US labor market remains strong". No shit!

#Fed #RateHikes #Economy #LaborMarket #Powell #inflation #whatbottom??

https://t.co/MGqBL89Idz

[Gary Cungu @GaryCungu]

@BobEUnlimited there won't be a soft landing

[Gary Cungu @GaryCungu]

@SimonLittlewood exciting partnership @SimonLittlewood
Good luck 🍀

[Gary Cungu @GaryCungu]

Eurozone avoids winter #recession, outlook remains bleak. Infl. #unemployment high, public debt rising, low investment levels.

@ecb to keep monetary policy loose as #eurozone struggles to recover from COVID-19 impact. Future uncertain

@eshelouise
https://t.co/IunWfLW0tm

[Charlie Bilello @charliebilello]

When the Fed hikes rates 25 bps next week, the Fed Funds Rate will move above Core PCE (the Fed's preferred measure of inflation) for the first time since 2019.

[Gary Cungu @GaryCungu]

@ddubrovskyFX Great post. Thank you for sharing

[Gary Cungu @GaryCungu]

@SF_FamilyOffice Congratulations! Well deserved