About this episode
(6/12/23) Texas Summer & FOMC Preview, plus Quadruple Witching on Friday; Retail buyers return to the market: Will it continue? We're back into a "new" bull markets, up 20%; the NASDAQ is up 20% above 200-DMA; with extreme deviation, correction is imminent. How can markets be bullish with a slowing economy? Beware bullish commentary: much evidence to suggest the decline is over, but markets' advance will soon slow. (Sidebar: Despite Elon Musk's loss in Twitter, gains in Tesla have made the Twitter deal virtually free.) Seven tech stocks responsible for most of markets' gains this year. Narrow markets are not healthy and will correct. Technical indicators say recession is near. Inflation hits the nail salons (another Roberts Family Saga). The Economy will continue to be a challenge for investors. What it will take to get to Recession (going below sea level.) Economy must offset excess, artificial liquidity. CPI news this week: key will be non-headline inflation data & sticky prices. Will the Fed hike rates or pause? Markets are better prepared for pause than for rate hike. Central Bank Digital Currency (CBDC): We're already there. Being able to better monitor (and manage) cash flows is handy tool for Treasury. Poll results: More than half don't have an opinion/are ignorant of CBDC; 34% oppose. SEG-1: We're Back in a "New" Bull Markets SEG-2: How Can Markets be Bullish as Economy Slows? SEG-3: Inflation Hits the Nail Salons; The Challenging Economy SEG-4: To CBDC or Not to CBDC? 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=OadFwDcY8CQ&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s -------- The latest installment of our new feature, Before the Bell | "Is the NASDAQ Due for Correction?" is here: https://www.youtube.com/watch?v=bo2wE4l0ECA&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Beware of Cryptocurrency Scams" https://www.youtube.com/watch?v=x7usjxMSvHI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2672s -------- Video Mentioned in Today's Show: S&P 4300: Bulls For The Win? Or Time To Take Profits? | Lance Roberts & Adam Taggart https://www.youtube.com/watch?v=a6GCt7N9kc0&list=PLVT8LcWPeAuh0I07NdQcssCvh6_yDa9bz&index=1 ------- 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 #BullMarket #FOMC #QuadrupleWitching #NASDAQ #ElonMusk #NailSalon #Inflation #Markets #Money #Investing