About this episode
(8/17/23) The Atlanta Fed is now predicting GDP growth at 5.8% for the 3rd quarter, and another rate increase is expected as liquidity continues to move through the system. The S&P needs to get above 50-DMA; correction is normal, and the bullish trend continues. Target vs WalMart: A tale of two retailers. Consumer sentiment is better; no Recession coming? FOMC meeting minutes reveal more rate hikes to come, but Fed's views are mixed. Keeping a hawkish tone while allowing lag effect to play out. What will be a Black Swan Event? The saga of the Roberts' Racoon continues; the Yeti casket; why have markets been rallying? Does this now set-up for Recession? The Lag Effect is real. Consumers and Corporate were preparing for higher rates by buying houses at low rates and borrowing when money was cheap. The Lag Effect is more "laggy" than expected. Important to pay attention to warning signs, like credit spreads. Will the Fed raise rates again? What's the best long-term strategy for investors? Is this time different for bond holders, as Economy is climbing out of declines? No: Too much unproductive debt outstanding. SEG-1: GDP Growth Predictions = 5.8% SEG-2: Fed Views are Mixed: Hawkish but Waiting SEG-3: Rocky Racoon, Yeti Caskets, the Lag Effect is Real SEG-4: The Ingredients of Recession Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=GI4qz_yWo1s&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell, "Markets Flirting with Moving Averages" is here: https://www.youtube.com/watch?v=CFhjvXPbEW4&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Will the Fed Raise Inflation Target to 3%?" https://www.youtube.com/watch?v=-cXKZz7QHTg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Articles mentioned in this report: Government Bonds Or Stocks? Which Is A Better Choice Now? https://realinvestmentadvice.com/government-bonds-or-stocks-which-is-a-better-choice-now/ "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 #RetailSales #FedTarget #Bonds #USTreasuries #FederalReserve #InterestRates #JacksonHole #EarningsSeason #Recession #FinancialCrisis #WealthInequality #Markets #Money #Investing