(10/31/22) Market action has been a textbook case of achieving support with no resistance up to 4,100; we're advising selling into the rally and prepare for a negative market trend into the end of the year; The Dow is up 14% for the year; it's the best year of performance since 1938. Watch for the Fed to announce a slowing of its rate hike pace, but not a pivot. Shrinkflation in Halloween candy: Prices are up 30% over last year. Consumer Spending is measured by prices paid, not quantities purchased; a false report. There's no such thing as "excess savings." 60% of consumers now living paycheck-to-paycheck. The concept of taxing the rich by tapping unrealized gains; will they allow the inverse operation: providing loss write-offs for unrealized losses? How to truly measure your portfolio's performance, year-over-year vs longer-term windows of examination. Where is the best place to put money next year? The best-performing sectors for the past two years typically become the worst performers; what are the worst-performing sectors now, before the cycle resets? 3:13 - A Textbook Re-test of Support 14:33 - Halloween Shrinkflation & the Flaw in Consumer Spending Numbers 30:36 - Tricks for Taxing the Rich: Unrealized Gains 44:30 - How to Truly Measure Portfolio Performance Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- Our Latest "Three Minutes on Markets & Money: "Preparing for the Recession of 2023" is here: &list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Our previous show is here: "Big Cap Companies Getting Spanked on Poor Earnings" &list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2745s -------- Articles mentioned in this podcast: "Economic Stagnation Arrives As “Sugar Rush” Fades" https://realinvestmentadvice.com/economic-stagnation-arrives-as-sugar-rush-fades/ -------- 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 #Halloween #Shrinkflation #DowPerformance #ConsumerSpending #Inflation #PaycheckToPaycheck #TaxingTheRich #UnrealizedGains #Markets #Money #Investing |
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