(4/13/23) March Inflation seemed to soften, but a look at core inflation metrics shows higher prices are still pretty sticky, providing no evidence the Fed will be inclined to pause rate hikes, much less cut rates. FOMC minutes reveal discussion of a "mild" recession. That's like being "mildly" dead. The significance of the NASDAQ being where it was 2-years ago: No gains. The March CPI Report: Nothing Burger or ham on rye? "Sticky core prices remain very sticky. Higher gasoline prices are offsetting declines in services prices. Housing/Homeowners Equivalent Rent declines have a 3-month lag; expectations are for another 25bp increase at next Fed Meeting. Is the Dollar dead as a reserve currency? The de-Dollarization: three reasons why it won't happen anytime soon. Will Gold return as an alternative for fiat currency? What's wrong with the Dollar: Over-leveraged & mis-managed. China/Brazil deal in Yuan; use of Dollar has diminished, but volume remains high. The Central Bank Digital Currency phenomenon: Why no government will allow it to replace currency. Florida outlaws CBDC; the reality of digital commerce vs using cash. 2:40 - The CPI Nothing Burger 13:58 - Inflation: Nothing a Recession Can't Cure 29:53 - The De-Dollarization of Reserve Currency 43:51 - What's the Future Hold for CBDC? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer -------- The latest installment of our new feature, Before the Bell | "Can You Ever Make Up What You Lost? | Before the Bell" is here: &list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Here is an article mentioned in today's show: "Bullishness Remains Missing, Which Is A Good Thing:" https://realinvestmentadvice.com/bullishness-remains-missing-which-is-a-good-thing/ ------- Our previous show is here: "Why Are Banks Losing Money on Mortgages?" &list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our next Lunch & Learn: "What's New with Social Security?" https://us06web.zoom.us/webinar/register/1116747818184/WN_1UI2lJqsSSS3N5r8lmWovg ------- 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 #CPI #USDollar #ReserveCurrency #FederalReserve #InterestRates #Inflation #Markets #Money #Investing |
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