About this episode
The economics of Halloween; dog costumes, and the Astro's loss in the World Series; Portfolio Manager Michael Lebowitz, CFA joins RIA Advisors Chief Investment Strategist Lance Roberts to discuss the Fed's rate cut strategy, the reality of 2% GDP growth as "normal," and why banks don't want to loan money: There's a credit issue going on somewhere, behind the scenes; Fed is not going to fight inflation until it is extreme. The Gov't mis-measurement of inflation; what defines "significant and persistent" inflation? The root of the Stock Buy back era in Bill Clinton legislation to cap executive pay--the unintended consequences.