(12/1/22) Is the Bull Market back? Fed Chairman Powell's somewhat dovish stance on Wednesday rallied markets to an over-3% gain, begging the question: What is Jerome Powell afraid of? Meanwhile, Markets have been consolidating for the past 6-months, and so remain. What markets DIDN'T hear was that rate hikes will continue at a slower pace, but WILL continue. Concerns about over-tightening overshadowed other issues, like the price-wage spiral, and what's likely to occur in the second half of 2023; PCE vs CPI inflation. Michael Lebowitz needs a Jim Adler-esque nickname (the Maryland Mauler?) 20% market moves in either direction no longer define markets; price trends do. Technicals vs Fundamentals: the lag effects are just starting to be felt, and QT is still going on. Don't fight the Fed; questioning the JOLT numbers; anomalies are in all the data. JOLTs & SHARTs; what about this year's Santa Claus Rally? How can we not avoid Recession in 2023? The Fed may have already over-tightened. 3:12 - What's Jerome Powell Afraid of? 14:32 - What the Fed said vs What the Markets Heard 30:31 - Michael's Nickname 31:10 - Fundamentals vs Technicals & The Lag Effect 44:29 - JOLTs & SHARTs 46:20 - Has the Fed Already Over-tightened? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO,w Portfolio Manager, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer -------- Our Latest "Three Minutes on Markets & Money: "Is the Fed Worried About Over-tightening?" is here: &list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: "All I Want for Christmas is a Gift of Stocks" &list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- 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 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/ #InvestingAdvice #FederalReserve #JeromePowell #Inflation #MarketFundamentals #MarketTechnicals #LagEffect #Markets #Money #Investing |
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