by Lance Roberts
My articles My offerMy siteAbout meMy videosMy books
Follow on:TwitterSeeking AlphaFacebookAmazon
| (11/8/21) Markets are two standard deviations above the 50-DMA, increasing the "gravitational-pull" on prices. Markets has been Up 18-straight days without as correction--a veritable buying stampede. Money flow Sell signals were triggered on Friday...meanwhile, the Fed said they're to begin tapering their balance sheet, but not moving to raise interest rates any time soon, thanks to under achievement on "full employment" (now at 4.6% unemployment, yet labor participation is at a historic low); meanwhile, keeping their foot on the pedal to support asset prices, and in turn, to boost consumer confidence (note the correlation between markets and consumer confidence). And, the Fed is not worried about inflation, yet CPI and PPI are both surging, and wages are failing to keep up with inflation. That's a problem for corporations dependent upon consumer spending for earnings. - Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts -------- Get more info & commentary: https://realinvestmentadvice.com/news... -------- 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/RealInvestme... https://www.linkedin.com/in/realinves... #FederalReserve #InterestRates #FedTaper #Markets #S&P500 #MoneyFlows #MACD #Unemployment #Inflation #ConsumerConfidence |
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.
Tags: Featured,newsletter
