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(8/16/22) We might not yet be in Recession, but the stage is being set for one; if the Fed has to cut rates, the underlying reason will not bode well for markets. What has happened to demand? Biden bill to reduce inflation will not have much effect, but will cause higher inflation, negative GDP, and job losses; will also result in more IRS audits for middle class. Congress can defund in 2024.
SEG-1: In Search of Markets' Higher High: Correction to Come?
SEG-2: We're Not In a Recession...Yet
SEG-3: Dive Bar Ice Cream & Chasing Tesla: Unintended Consequences
SEG-4: Why Beefed-Up IRS Might Not Last

RIA Advisors Chief Investment Strategist Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
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"Why Earnings Estimates Don't Matter Any More"
https://www.youtube.com/watch?v=t9pC2IcULsI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2687s
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