(11/1/23) It's Fed Day: Will Jerome Powell hold firm in statements made last week, and refrain from raising interest rates, while retaining the possibility of one more hike? The Great Data Divergence: The real economy is weaker than employment and inflation data would infer. Commission Collusion in Real Estate; setting up for EOY rally on Wall St.;  three consecutive negative months = good buying opportunity. Economic preview; what the Fed already knows. Forward earnings estimates for Q4 are already sliding; Fast Food is no longer cheap; the Ratliff's Halloween Candy tax; what makes the market correction so confusing. Journalism: Simplify & exaggerate; no record market high since January 2021; how money works vs index; signs of pending recession: increase in Junk Yields (trailing data); nothing but bad news on TV. WeWork bankruptcy: the fundamental flaw; Lingering Inflation: Keeping data in line with reality; why the Fed doesn't want deflation/recession; attitudes are sour, and leading indicators suggest recession next year. The problem with Data; The lag effect & revisions. SEG-1: Fed Day Preview: Divergence of Data SEG-2: What the Fed Already Knows SEG-3: What's Making the Markets so Confusing? SEG-4: Lingering Inflation: Keeping Data In Line with Reality Hosted by RIA Advisors' Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor Danny Ratliff, CFP   Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel:   https://www.youtube.com/watch?v=HJJgkhVOG94&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=107s -------- The latest installment of our new feature, Before the Bell, "Markets Are Due for a Rally" is here:  https://www.youtube.com/watch?v=06cUp7UoumQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "5% to 10% Correction is Expected in Markets" https://www.youtube.com/watch?v=68Jaa6Rq-eI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=13s -------- Articles Mentioned in this Show: "Possibilities Versus Probabilities" https://realinvestmentadvice.com/newsletter/ ------- Get more info & commentary:  https://realinvestmentadvice.com/newsletter/ -------- Register for our next Candid Coffee: https://us06web.zoom.us/webinar/register/6316958366519/WN_jCrzdX9uSJSrg5MBN5Oy8g ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- 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  #MarketCorrection #FederalReserve #Recession #InterestRates #Q3Earnings #ConsumerSpending #EconomicData #Markets #Money #Investing