(5/5/22) The Fed is raising rates by 50-basis-points, but tapering its balance sheet at a slower pace than expected, causing great jubilation on Wall Street, and a 3% rally after the announcement. The narrative the Fed feeds does not always comport with reality; how Jerome Powell "walks the line." Is the Fed looking at the economy in the right way? Economic data are telling a different story; is the market actually bottoming--or could it go even lower from here? Why companies are always slow to hire and slow to fire. The impact of passive investing; Elon Musk vs Cathie Wood; Blackrock, Vanguard, and voting virtue with EFT's; Have ETF's taken away the voice of individual investors? How Engine No.1 wound up with two seats on Exxon's Board.
SEG-1: The Fed Meets Expectations
SEG-2: The Narratives the Fed Conveys vs Reality
SEG-3: What the Economic Numbers Really Say
SEG-4: The Negative Impact of Passive Investing
Hosted by Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor Danny Ratliff, CFP, w Portfolio Manager, Michael Lebowitz, CFA
--------
Watch today's show on our YouTube channel:
https://www.youtube.com/watch?v=vvCxz5Q3eHA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1
--------
Our Latest "Three Minutes on Markets & Money: No surprises from Fed - where do we go from here?" is here:
https://www.youtube.com/watch?v=USUgD_eZ_v0&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1
--------
Our previous show, "What Will Today's FOMC Meeting Reveal?" is here:
https://www.youtube.com/watch?v=SoGa5yu9IP8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s
--------
Articles mentioned in this podcast:
https://realinvestmentadvice.com/did-we-go-through-a-major-bear-market/
--------
Get more info & commentary:
https://realinvestmentadvice.com/newsletter/
--------
SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow
--------
Visit our Site: www.realinvestmentadvice.com
Contact Us: 1-855-RIA-PLAN
--------
Subscribe to RIA Pro:
https://riapro.net/home
--------
Connect with us on social:
https://twitter.com/RealInvAdvice
https://twitter.com/LanceRoberts
https://www.facebook.com/RealInvestmentAdvice/
https://www.linkedin.com/in/realinvestmentadvice/
#FederalReserve #FOMC #RateHike #QuantitativeTapering #PassiveInvesting #BlackRock #Vangard #ETF #EngineNo1 #Exxon #Markets #Money #Investing
