Inflation Eases...Will the Fed? (5/11/23)

(5/11/23) Markets are beginning to resolve higher; the NASDAQ will drag the S&P along. Upside, however, is limited. Positive bias to stock prices remains, despite calls for Recession; the passive indexing effect. What will be the next sector rotation, and what will be its cause? What's the Fed going to do next? Jul-Aug-Sep CPI will matter most, ex housing/rent component; why would Fed cut rates? Stimulus cash is still in circulation. When will Recession be here? Job Satisfaction up 32%? Labor market is tighter, but without wage increases; there will be no recession without higher unemployment. Investor psychology: Why investors don't want to be in the market. Is the banking sector broken? Investor conundrum over issues that distort markets. FOMO has not truly left the market. SEG-1: Why a Positive Bias to Markets Remain SEG-2: What Will the Fed Do Next? SEG-3: When Will Recession Arrive? SEG-4: Why FOMO has not totally left the Market 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=8fQJRS5CwQk&list=PLVT8LcWPeAuhi47sn298HrsWYwmg8MV7d&index=1&t=4s -------- The latest installment of our new feature, Before the Bell | "Are Banks Already Broken?" is here:  https://www.youtube.com/watch?v=qMfglvEsulg&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1  --------  Here are articles mentioned in today's show: " "Minimum Wage & The Fed’s Biggest Fear" https://realinvestmentadvice.com/minimum-wage-the-feds-biggest-fear/ "Debt Ceiling Non-Crisis And The Fed’s Last Rate Hike" https://realinvestmentadvice.com/debt-ceiling-non-crisis-and-the-feds-last-rate-hike/ "Risk and Return Imaging" https://realinvestmentadvice.com/risk-and-return-imaging ------- Our previous show is here: "Inflation Increased .4% in April" https://www.youtube.com/watch?v=EJulVWQhbp8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our