About this episode
Economists' 'rush-to-judgement' vs the lag effect catching up w economic data. Consumer spending and loan demand are waning as excesses in money supply are normalizing. The data re beginning to refute the "no recession" theme. Market correction is now over, bullish trend to resume. The challenge of NOT expecting recession; what the data is starting to show; not a lot of risk in credit markets...yet. That's where trouble will show up first. Geopolitical conflicts do mot matter to markets for long; world wars do. Spreads between corporate bonds vs treasuries are at an all time low (90bp). There's no stress in the economy...so far; pay attention to credit risk. 20th Anniversary of 2008 Financial Crisis is approaching. Letters from the IRS and a $34-B tax bill; the rich need to pay their "fair share;" defining "fair" (charts). The portability of wealth will be a factor when taxes rise too high. How about Congress spending LESS? Swiss Army to make knife with no blade for UK. Residual Seasonality in economic data: Always skewed by seasonal adjustments. SEG-1: The Lag Effect is Catching up w Economic Data SEG-2: Is Credit Risk the Canary in the Coal Mine? SEG-3: Defining "Fair Share" SEG-4: Knives without Blades; Residual Seasonality Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: ------- Articles mentioned in this report: "Economic Stagflation – Myth Or Reality?" https://realinvestmentadvice.com/newsletter/ "Stock Rally As Powell Sparks A Buying Frenzy" https://realinvestmentadvice.com/stock-rally-as-powell-sparks-a-buying-frenzy/ ------- REGISTER for our next Lunch & Learn: "Transitioning to Medicare" https://realinvestmentadvice.com/evrplus_registration/?action=evrplusegister&event_id=49 ------- The latest installment of our new feature, Before the Bell, "Aiming for 5,300," is here: https://www.youtube.com/watch?v=wm2kCMEF0Lo&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "What is Economic Stagflation – Myth Or Reality?" https://www.youtube.com/watch?v=I5d2BCsJQr8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s -------- 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/ #MarketBullishness #CreditSpreads #StockMarket #FinancialConcerns #EconomicData #MarketPerformance #RecessionExpectations #EconomicPredictions #ShockEffect #MarketPsychology #EonomicHealth #FinancialConfidence #IncomeTaxes #Markets #Money #Investing