by Lance Roberts
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| (5/18/23) Markets rallied to top of their trading range, thanks to better-than-expected results from Target and anticipated from Walmart. The AI Revolution is driving markets upwards with just a few stocks; the impact of AI on Jobs and profit margins still to be seen; there is real potential for productivity increases. Is it real, or is it AI? Which jobs are at risk, and where will new jobs be created? Target & WalMart wins: What recession? Excluding inflation, stocks are down, and there are still recession warnings from Home Depot and Target. Have we already gone through a recession that didn't register? Inflation masks the data. Market expectations vs History: Rate cuts expected in first half of 2024; Fed Funds futures remain bullish; market performance will be very dependent upon jobs. 3:10 - Markets Lifted to Top of Trading Range 14:33 - Speculating on the AI Revolution 30:30 - How Inflation Masks the Data 44:24 - Market Expectations vs History 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 | "Is It Too Late to Get Into AI Trades?" is here: &list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "The Debt Ceiling Debate: Will We Really Default?" &list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our next Candid Coffee: "Breaking Your Money Malaise this Summer https://us06web.zoom.us/webinar/register/1116747842950/WN_ht5MHKFTSX2kRo0__-DtLw ------- Articles Mentioned in Today's Show: "Headwinds To Lower Bond Yields" https://realinvestmentadvice.com/headwinds-to-lower-bond-yields "The AI Revolution. A Repeat Of History." https://realinvestmentadvice.com/the-ai-revolution-a-repeat-of-history/ ------- 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/ #InvestingAdvice #Recession #RetailSales #Target #HomeDepot #Walmart #ArtificialIntelligence #Inflation #Markets #Money #Investing |
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
AI will determine that to meet WEF goals for sustainability, 500 million slaves will be needed to dig out enough cobalt to make Lithium for all the cars within the next 5 years. We will be "allocated" to move to Africa, given and shovel and told by the AI: "start digging".
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that is, to make Lithium batteries.
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IMHO A.I. will take way more jobs than it creates.
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Lance and Mike are best show of the week. Thanks Gentlemen
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Just some thoughts on AI. It is extremely process heavy. Moores law is no longer in effect, and has basically started reversing since the mid 2000's. Until there is a major breakthrough in computing, processors will become more and more expensive and power hungry, not to mention cheap Chinese labor to keep prices down is fading. As AI ramps up, this will also increase demand driving prices up. I don't think the benefit to profitability will be as high as many think.
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Gotta love Michael…
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Hopefully A.I. can replace Democrats… LOL.
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Replace your Financial Advisor????
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This guy is basing our recovery so far this year on 4-6 stocks that control an entire index in the SPY and QQQ. He's not looking past these fake indexes and looking at the broader markets and the fact that we have yield curves getting steeper and steeper while bond yields keep going up and up. That's interest rates by the way. The smart money can see what is coming. Bank sector down, small cap sector down. dow down trending. All of the equal weighted indexes going down. What are you looking at 6 stocks to tell you that we are recovering? Buy SPY and QQQ as an individual stock and not the stock market. You're not investing in the stock market buying SPY and QQQ you are buying 4-6 stocks not the stock market. That's proven with the QQQE and RSP
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When Michael finally becomes a bull, it's time to get out of the market… 🧸
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Why would I pay you to manage my money when all you do is buy and sell the macd?
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