Latest / The Real Investment Show (Full Show)
5-16-24 It's A Mistake To Be Entirely Out Of Equities
Markets hit all-time highs with softer CPI: The biggest contributor was decline in Homeowners' Equivalent Rent. Markets are now anticipating two rate cuts this year. Consumers are showing signs of weakening; hardest hit are Gen-Z & Millennials. Stocks & Bonds rally on weaker CPI; markets are extremely over bought. Look for a re-test of the 50-DMA with market corrective action anticipated. WalMart has decent earnings; consumer spending is what drives the economy. Quality of Employment numbers matter: Full Time vs Part Time Jobs; Why the Government's Employment formula is bogus. How we…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.