5% to 10% Correction is Expected in Markets (10/31/23)

(10/31/23) Halloween Traditions & the FOMC Meeting starts today: It's not likely the Fed will raise rates; what happens when stock prices fall? Expectations are for the Fed to hold firm until Summer, and then will have to cut rates. Markets rallied 1% Monday; will there be follow-through to confirm the movement? Resistance now at 200-DMA/4,250. "I told you so in June:" 5% to 10% correction expected in markets, and investors become bearish; the importance of perspective in investing: Corrections are a necessary factor (Possibilities vs Probabilities). How to build wealth: Save money. Looking at the Bell Curve of possibilities, when will this all be over? When the Fed cuts rates; the possibility of WW-III (review: "Band of Brothers") Caterpillar reports earnings, benefits from stimulus funding for construction projects: 'What will you do for me next?' What will be the next driver for expansion/sales at CAT? Pfizer; Getting bitten by weaker COVID sales; what will they come up with next to boost sales? Bud Light/AB alliance w UFC; Yum brands; Is Q3 really the "earnings trough?" SEG-1: Will the Fed Hold Rates Firm Until Summer? SEG-2: I Told You So in June SEG-3: Making Mistakes w Blanket Decisions SEG-4: Earnings Preview Round-up 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=68Jaa6Rq-eI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=13s -------- The latest installment of our new feature, Before the Bell, "Monday Market Rally: Was It Trick or Treat?" is here: https://www.youtube.com/watch?v=pkDuLs1l_CU&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Wrapping Up October" https://www.youtube.com/watch?v=XkelCMkbVOc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s -------- Articles Mentioned in this Show: "Possibilities Versus Probabilities" https://realinvestmentadvice.com/newsletter/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Register for our next Candid Coffee: https://us06web.zoom.us/webinar/register/6316958366519/WN_jCrzdX9uSJSrg5MBN5Oy8g ------- 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 #MarketCorrection #FederalReserve #Recession #InterestRates #Q3Earnings #ConsumerSpending #EconomicData #Markets #Money #Investing