About this episode
(10/24/23) Microsoft & Google report earnings today, and by next week 80% of the S&P will have checked-in w Quarterly results; the Fed enters blackout period before the next FOMC meeting, as corporate buyback window open; have yields reached their terminal peak? Markets break 200-DMA, but be cautious until confirmed. Where's the risk; why do prices go lower: Buyers unwilling to buy at a given price (this is the flaw in passive investing theory). The long stretch of downward pressure on stock, and why to expect higher prices as EOY draws nearer. What Retail Sales figures aren't telling us (lagging indicator) and the pre-Recession warning in employment numbers: growth is not in areas of high-paying jobs. The psychology of consumer spending. An earnings preview: high beat-ratio on lowered estimates. Economic Data preview: No strong results in numbers; not jiving with other economic indicators: Why aren't manufacturing numbers booming? Digging past the headlines; the importance of investor psychology. SEG-1: Earnings Season Continues: A Primer SEG-2: Where's the Risk? SEG-3: What Retail Sales Don't Tell Us SEG-4: When the Data Doesn't Jive Hosted by RIA Advisors RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=rOs1ro97dXY&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell, "Time to Reduce Risk?" is here: https://www.youtube.com/watch?v=yTfjlNVWpfY&list=PLVT8LcWPeAujhW-HlRJGaPa9tDN_GthEg&index=1 ------- Our previous show is here: "Is the Year-End Rally in Jeopardy?" https://www.youtube.com/watch?v=PVeI0ISM7LE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s -------- Articles Mentioned in this Show: "The Pain Trade Is Higher Into Year-End" https://realinvestmentadvice.com/the-pain-trade-is-higher-into-year-end/ "Surging Deficits – The Bear's New Meme" https://realinvestmentadvice.com/newsletter/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Watch our past Candid Coffee: https://www.youtube.com/watch?v=Sdi_-TQpNb8&list=PLVT8LcWPeAugq7q4XzOcad3oSN5Z1Zd-Z&index=1&t=2s ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #EarningsSeason #Microsoft #Google #FederalReserve #StockBuyBacks #ConsumerSpending #Employment #Manufacturing #EconomicData #Markets #Money #Investing