About this episode
(8/10/23) Markets are continuing their correctional phase, selling off again Wednesday. This is what we've been anticipating, and now that it's underway, there's really nothing of any concern. We've had about 3% worth of correction so far, and continue to work through the process, still above the 50-DMA, which seems to be the likely support level for the markets. Markets will try to bounce again today, with much of the activity hinging upon the CPI report (clocking in at .2% M/M, and 3.2% Y/Y). Bonds appear to still be the best opportunity for investment for the next 18-months, extremely under-valued compared to stocks. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Articles mentioned in this report: "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/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=CrYwLlbxHUk&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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 #MarketCorrection #CPI #Inflation #MovingAverages #20DMA #50DMA #200DMA #Bonds #Money #Investing