About this episode
(5/4/23) The Fed hikes rates...again...and markets pull back; tighter bank lending standards are defacto constraints on the economy. The burning questions are, 'is the Fed done,' and 'when will the Fed cut rates?' Jerome Powell's word salad results in more market volatility; Jobs numbers and CPI will factor into to market moves next week. Instead of rate cuts, sticky inflation could actually result in more rate increases. Jerome Powell is forecasting a "mild" recession (The Most Forecast recession in history). Regional bank issues are creating a transition from FOMO to FOMOB; inflation data does not support rate cuts. Bank deposit outflows are creating a self-fulfilling prophecy for regional banks, but their real problem is in real estate loans: Where will the opportunities be for investors? Banking is a "con-game," a game of confidence. Wait fo the FDIC to bail out banks, then cherry-pick the remains. Where will the Fed draw the line between winner- and loser-banks? SEG-1: Fed Moves & Banking News: Is the Fed Done? SEG-2: Jerome Powell's Word Salad SEG-3: Forecasting a "Mild" Recessions SEG-4: Bank Deposit Outflows Become Self-fulfilling Prophecies 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=c0x_HPHqWYg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=6s -------- The latest installment of our new feature, Before the Bell | "Darth Powell Says No Rate Cuts Coming" is here: https://www.youtube.com/watch?v=DhgiBgg6WL4&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Here are articles mentioned in today's show: "Are We Already in Recession?" https://realinvestmentadvice.com/conviction-or-how-to-lose-a-lot-of-money-in-investing/ ------- Our previous show is here: "Are We Already in Recession?" https://www.youtube.com/watch?v=jvRD4kut8Gk&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our next Lunch & Learn: "Transitioning to Medicare" https://us06web.zoom.us/webinar/register/7516747839784/WN_yEQ0iBgwQ2WdIexCLAdpPQ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: 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 #FederalReserve #InterestRates #Recession #Markets #Money #Investing