Could "Revised" Economic Data Drive Rates Higher? (6/27/23)

(6/27/23) The Quarter's end nears and markets face increased selling pressure as portfolio managers rebalance holdings. There is still room for a 5- to 10% correction this summer. MACD Sell signal is now in place, with $26-B worth of potential selling on the line. There is now a bigger risk from inflation data revisions; is there too much market exuberance? Whoa--Larry Fink has a change of heart about ESG? The scam that is ESG. For real change, boycott the companies (Blackrock) that invest in "woke" businesses; literally move your money away from Blackrock. Is this a Bull Market or a Bull Trap? A word about Fibonacci magic; the importance of staying focused on investment rules; markets are bullish now so act accordingly. YouTube Q&A segments on purchasing used vs new cars; how do you want to be taxed: Property taxes vs sales taxes in Texas; Preparing for the annual "adjustments" to economic data, which we suspect will have negative ramifications, and could alter Fed stance on raising rates sooner than later. SEG-1: Selling Pressure Increases on Markets at Quarter's End Nears SEG-2: Larry Fink's ESG Change of Heart SEG-3: Bull Market or Bull Trap, and Fibonacci Magic SEG-4: YouTube Q&A - Is now a good time to buy a car? SEG-4b: Property Taxes vs Income Taxes: How do you want to be taxed? SEG-4c: Preparing for Economic Revisions to 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=nPPvClZxJ78&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- The latest installment of our new feature, Before the Bell | "Revised Inflation Data: Not to Be Ignored " is here: https://www.youtube.com/watch?v=bsQjTovqnA8&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Is FOMO Back as Markets Correct?" https://www.youtube.com/watch?v=u38xjcVeKpE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2s -------- Article Mentioned in Today's Show: "Bull Trap Or A Bull Market?" https://realinvestmentadvice.com/bull-trap-or-a-bull-market/ ------- 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 #SecondQuarterResults #MarketCorrection #Inflation #DataRevisions #Blackrock #LarryFink #ESGinvesting #Markets #Money #Investing