(10/13/21) Markets are being lifted in anticipation of earnings season and today's inflation report: Will it push the Fed to taper sooner? Inflation and stagflation are becoming more prevalent. In a sloppy trading week, Markets will be retesting recent lows if they can't climb above the 100-DMA and hold it for the rest of this week. Earnings from JP Morgan and Blackrock both beat their estimates, but a look behind the curtain shows that some accounting gimmicks were the secret sauce for success. Financials aren't where we'd like to be, but if you're going to make "better bad choices," these would be the ones to have in your portfolio for now. Watch out today for inflation and comments from the Fed, and potentially tapering sooner and harder than previously expected. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Inflation #Stagflation #CorporateEarnings #EarningsOutlook #InterestRates #PortfolioRebalancing #SpendingBill #MarketLiquidity #Stocks #Trading #Rates #Money #Markets #Finance |
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