Want to create an interactive transcript for this episode?
Podcast: The Real Investment Show (Full Show)
Episode: 6-13-24 Federal Reserve And BLS Labor Data Discrepancies Explored
Description: June is half-over, and the stock buy back blackout begins today, removing that source of activity from the market. Economic data points continue to weaken, but Fed Chairman Jerome Powell wants to see "more good data." There is an alternative universe of debt; the Fed wants weaker economy so they can lower rates. The S&P 500 sets another new, all-time high; Apple, Miscrosoft, & Nvidia are driving the market. There is an ever-widening performance gap between the S&P 500 and everyone else. Mrs. Roberts' Roomba and an FOMC Meeting recap; the economy is "normalizing." Jerome Powell's humility; interest rates are restrictive...