About this episode
(10/5/23) A sharp slide in gasoline demand and credit card spending could be early evidence of the lag-effect from Fed rate increases finally hitting the economy. The dollar trade has reversed. What happens if Friday's employment report is weaker? Markets are flirting with the critical 200-DMA support level. What Mrs. Roberts is really watching on TikTok; '90's Hairdo's and LTCM: The Yield curve is deeply inverted; what matters is what happens when it un-inverts. What really happened in 1998; we will have a crisis. What will matter is how quickly the Fed will react, not who fails. The Fed's 'Higher for Longer' attitude: bailouts today will be exponentially larger because of the exponentially larger debts involved. Why this week's sell-off felt like the unwinding of someone in trouble (was the Fed up to something?) Inflation vs Deflation & the Fed's intolerance of low stock prices. Why interest rates can only go so far: Higher for longer until something breaks. The common misnomer about 2% inflation; the Fed wants a clear and steady trajectory to 2% inflation. Oil pricing vs gasoline pricing: All forms of Energy make up only 7% of CPI; Housing impact on CPI is nearly half, at 40%. SEG-1: Early Evidence of Lag Effect Emerges SEG-2: Baby Goats, '90's Hairdo's, & LCTM SEG-3: The Fed's 'Higher for Longer' Attitude SEG-4: The Common Misnomer about 2% 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=J5tdltYCgDg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=9s -------- The latest installment of our new feature, Before the Bell, "Markets Flirt w 200-DMA" is here: https://www.youtube.com/watch?v=LcFbmAvj678&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz ------- Our previous show is here: "Is Something in the Financial System Beginning to Break?" https://www.youtube.com/watch?v=5p1TdEe2Q5o&list=PLVT8LcWPeAuhi47sn298HrsWYwmg8MV7d&index=2&t=35s -------- Articles Mentioned in this Show: "From LTCM To 1966. The Perils Of Rising Interest Rates" https://realinvestmentadvice.com/from-ltcm-to-1966.-the-perils-of-rising-interest-rates/ "Government Shutdown Averted. But Is That A Good Thing?" https://realinvestmentadvice.com/government-shutdown-averted-but-is-that-a-good-thing/ ------- 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 #FederalReserve #Inflation #InterestRates #HigherForLonger #LagEffect #Deflation #Energy #Gasoline #Oil #Housing #Markets #Money #Investing