About this episode
(8/10/23) CPI Day: What happens if Inflation ticks-up? No expectation of Fed to react w rate hike; the housing component of CPI, Home Owner Equivalent Rent, lags by 3-months. Tomorrow's PCE report may provide more clarity in direction Fed is likely to go. Markets sell of as correction continues, now down 3%; why bonds are the best bet for now. The Jobs Opening & Labor Turnover Survey (JOLTS) vs Employment numbers: it's all a calculation. Workers are willing to leave their jobs if "Return to Work" is enforced. With a low (3.2%) employment rate, where will they go (and what is the veracity of the data)? What happens when the economy really does slow, and more workers are shed? Why "work at home" may go away: The Commercial Real Estate factor. Biden did not create new jobs; workers returned from pandemic layoffs. Washington Redskins name-change to "Commanders;" now petition to change it back! Cancel the cancel culture. Beyond Meat ingredients, Cola & Cigars and the key to long life. Expectations for inflation at .2% ; Disney/Hulu rates to increase to cover amusement park losses. Fed reaction to higher inflation: No rate hikes, but higher rates for longer. SEG-1: CPI Day: What Happens if Inflation Ticks-up? SEG-2: JOLTS vs Jobs Numbers & Return to Work SEG-3: Washington Redskins vs Cancel Culture: Follow the Money SEG-4: Beyond Meat, Cola, & Cigars; Expecting .2% Inflation Hosted by 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=hI8G4pWDMr8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell, "Why Bonds Are Best Bet" is here: https://www.youtube.com/watch?v=CrYwLlbxHUk&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Why Interest Rates Cannot Go Higher" https://www.youtube.com/watch?v=e1DyM6T4Hy4&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Articles mentioned in this report: "Stimulus and Consumption Are Fueling Economic Resilience" https://realinvestmentadvice.com/insights/real-investment-daily/ "The Market Is Detached From The Real Economy" https://realinvestmentadvice.com/the-market-is-detached-from-the-real-economy/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- 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 #InterestRates #CPI #Bonds #JOLTS #Employment #EconomicWeakness #FederalReserve #BeyondMeat #WashingtonCommanders #CancelCulture #Markets #Money #Investing