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Season Season on Wall Street

(11/20/23) A look at the highest-grossing horror films of all time, and holiday week markets: July's market exuberance was followed by a predicted decline into October, which was entirely normal for any given year. Now markets are over bought, and another pullback is imminent, likely between now and next week. Meanwihle, with many traders on holiday, silly season has descended upon Wall street. Portfolio managers will be rebalancing for end-of-year reporting and distributions. How will 2024 fare? Consumer Spending will be the driver. Automobiles & airfares are cheaper than one year ago; can these help create an "updraft" for the economy? There's no slowdown in activity...yet. Coming will be holiday retails sales & Black Friday; the Roberts' Christmas Wish Lists. Market preview; Gold trading sideways; oil prices are due for a rise; NVIDIA earnings expected to be high (but could disappoint); Retail sales data released this week will be for October: Look for commentary on foot traffic and consumption patterns.

2:50 - Horror Films and Holiday Markets
14:23 - Silly Season Has Arrived
30:10 - Holiday Travel, Inflation , & Making Ends Meet
44:090 - Market Preview: What Retail Sales will Say

Hosted by RIA Advisors' Chief Investment Strategist Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
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The latest installment of our new feature, Before the Bell, "When Not-so-Bad News is Good" is here: --Lwcy0&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1
Our previous show is here: "Defining "Safe" Retirement Spending: Is the 4% Rule Back?"
Articles Mentioned in this Show:
"Complacency Seems Overly Complacent"
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Lance Roberts
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.
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