Reverting to Pre-Obamamian Rules in Congress (1/10/23)

(1/10/23) As goes January, so goes the year on Wall St. Will Fed Chair Jerome Powell disappoint investors with this week's presentation? A correction with no more stimulus should be no surprise, but it's not the end of the world, either. As the stimulus bolus works its way through the alimentary canal of the economy, where do you want to be (and where is the contrarian place to be)? What the McCarthy Speakership was really all about: reverting to pre-Obamamian rules in Congress. No more omnibus bills, and no more stimmie checks, either. There's a viable risk for lower earnings this year. The implications of a "soft landing," and the challenges of managing money in 2023. Why "value stocks" are over-valued; what happens if consumers contract? The battle between the Bulls & the Fed (breaking New Year's Resolutions and dropping Twitter-bombs). The Powell speech, and what a "pivot" is not. SEG-1: Jerome Powell's Market Smack-down Day SEG-2A: The Fiscal Pig in the Economic Python SEG-2B: The Real Issue Behind the McCarthy House Speakership SEG-3: The Big Challenge for Managing Money in 2023 SEG-4: The Battle Between the Bulls & The Fed Hosted by RIA Advisors' Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=PuzcZVPecjc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1903s -------- Our new feature, "Will Jerome Powell Smack-down Investors Onve Again?" is here: https://www.youtube.com/watch?v=BQ1DRvc2C1I&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Three Paths Ahead for the Fed" https://www.youtube.com/watch?v=9shGqH4PX_U&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles mentioned in this podcast: "The Lag Effect Of The Fiscal Pig & Economic Python" https://realinvestmentadvice.com/the-lag-effect/ -------- 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/ #InvestingAdvice #FederalReserve #JeromePowell #InterestRates #Inflation #Recession #Markets #Money #Investing