Buyers Continue to Move Into Markets (2/16/23)

HAVE YOU SUBSCRIBED TO "Before the Bell?" https://www.youtube.com/channel/UCFmyKJKseEMQp1d14AjvMUw (2/16/23) Buyers are consistently moving into the markets, and there are two ways this can go: Trade sideways, or price declines. The Citibank Surprise Index indicates optimism may weaken; that anticipated recession is not being picked up in economic data...yet. Markets remain in rising trendline; a corrective process is needed. The Economic Conundrum: Good numbers vs Fed desire to quell economic growth leading to more inflation; there is concern this time economy is severely leveraged, and impact of rate hikes on debt service. Still to be seen is impact of higher corporate tax (15%) on earnings. Markets continue to open weak but finish strong. How much remaining economic octane is hold-over from pandemic stimulus? M-2 is still a high percentage of GDP. What if Recession is delayed until 2024 as a result of the lag-effect? Why should the Fed consider lowering interest rates if the economy is doing so well? The odds of increasing Quantitative Tightening are going up. Why does the Fed need a recession? The Fed needs consumers to stop spending. Raquel Welch passes away at 82; Markets and Investor convictions: Markets are not paying attention to the Fed or economic data. The FOMO, YOLO Risk-on appetite continues, right or wrong--it is what it is. What if markets continue upwards and are then hit with downturn--possibility of 30% loss. SEG-1: Buyers Continue to Move Into Markets SEG-2: Economic Conundrum: Good Economic Numbers vs. Fed Desire to Quell Economy SEG-3: What if Recession is Delayed Until 2024? SEG-4: Raquel Welch & Investor Convictions Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA  Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel:   https://www.youtube.com/watch?v=4bUizW6SCn0&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s  -------- The latest installment of our new feature, Before the Bel