About this episode
(2/22/23) The market correction is underway, something we warned about just before the February Fed meeting. All of the predicted events heralding the action occurred in Tuesday's market action: Markets were down 2% after breaking through the 20-DMA on Friday, and yesterday retested support right at the 4,000-level, the first target zone for the correction. This morning, St. Louis Fed President James Bullard has been talking about the need to hike rates above 5%, which will be problematic for markets discounting the idea of a Fed pause. The 4,000 level needs to hold if the Bulls are going remain in charge. The needful rotation from high-growth to defensive sectors is now starting to occur. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=oxcyo-tqt4I&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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 #MarketCorrection #InterestRates #Inflation #FederalReserve #Markets #Money #Investing