Why You Cannot Invest Like Warren Buffett (11/6/23)

(11/6/23) Friday's employment report was weaker than expected, as expected; there's always no recession in sight...until it is. How long will it take for the lag effect to appear? Black Friday preview; market rallied to 6% after previous week of disappointment. Markets ran through resistance, and are now over bought; looking at Bonds' tough year. The Fed says yields are doing its work; there's no safe place to hide.  Consumer confidence is key, and creates inflation; the trap the Fed is now in. Citizen Bank failure; higher interest rates are begining to take a toll. Why the FIRE movement is dead; the problem with retiring too early: Loss of skill; "Soft Saving" is now in: More relaxed attitude about retirement and savings, living in the moment. Berkshire Hathaway Quarterly report reveals hoardes of cash: Why you cannot invest like Warren Buffett, but watch what he doeds with cash: Buying Treasuries. We're still dealing with effects of financial stimulus in the system. SEG-1: Employment Report Weaker Than Expected...as expected SEG-2: No Safe Place to Hide? SEG-3: Higher Rates Are Beginning to Take a Toll SEG-4: Why You Cannot Invest Like Warren Buffett Hosted by RIA Advisors' Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel:   https://www.youtube.com/watch?v=joE1n-XJZYY&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe -------- The latest installment of our new feature, Before the Bell, "Can the Market Rally Continue? " is here: https://www.youtube.com/watch?v=PQ0J54xPu9Q&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "What If Your Financial Plan Fails?" https://www.youtube.com/watch?v=jZIezlwntXc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s -------- Articles Mentioned in this Show: "Job And Retail Sales Data: Always Good Until They Aren’t" https://realinvestmentadvice.com/job-and-retail-sales-data-always-good-until-they-arent/ ------- Get more info & commentary:  https://realinvest