About this episode
HAVE YOU SUBSCRIBED TO "Before the Bell?" https://www.youtube.com/channel/UCFmyKJKseEMQp1d14AjvMUw (2/13/23) Aliens are landing, apparently, and markets are improving, despite what we may thing; the magnet for the market is the 50-DMA. As earnings season begins to wrap, the next CPI Report looms: January Credit Card use is higher; the three measures of inflation. Super Bowl anthems; Investor Convictions on thesis of market recession and dollar collapse. The problem with conviction is the issue of recency bias; anything other than that with which we agree is deemed "fake news." What do markets think they know that you do not? When markets do something counter to your convictions, you lose money. Chiefs win the Super Bowl, and bet losers can claim their losses with IRS; convictions should not make us lose perspective; the oxymoron of rising valuations as earnings decline; have earnings fallen enough to accommodate a slowing economic environment? Companies are forecasting things are going to get worse; M-2 (Velocity of Money) is falling, but still high as a % of GDP, meaning there's still plenty in the system. SEG-1: Aliens are Landing, Markets are Improving SEG-2: Super Bowl Anthems & Market Conviction SEG-3: Betting on the Big Game & IRS Deductions; Convictions & Recession SEG-4: Marty the Runaway Robot & Paying more for Declining Earnings 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=Cs-CGDYqdYw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2869s -------- The latest installment of our new feature, Before the Bell | "Will Markets Break Support at 4,000?" is here: https://www.youtube.com/watch?v=-YyUJNXIg8c&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "What Will Your First Day of Retirement Look Like?" https://www.youtube.com/watch?v=VanjFbZp9Ic&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2673s --------- Register for the next Lunch & Learn on Raising Money Smart Kids (2/23/23): https://us06web.zoom.us/webinar/register/8516736369321/WN_u6P-EAklT0iIgAXc1ChgrA -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: 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 #SuperBowl #BettingLosses #InvestorConviction #IRS #EarningsSeason #CPI #RisingValuations #DecliningEarnings #Markets #Money #Investing