Roaring Kitty is back with resurgence of GameStop stock; the insanity returns. Jerome Powell already knows the CPI numbers for tomorrow: What are markets expecting vs what he will say? Citi Surprise Index showing more signs of economic weakness; evidence the consumer is slowing down. Markets flopped around Monday but earned another green candle. We're expecting a pullback to test the 50DMA; there is risk in economic data from the lag effect. Markets typically lead the economy by 6 to 9months. More Coffee talk, living in Europe, and why we don't invest internationally (where can you make the most money?) NFIB Report preview: Shop local small businesses. The folly of tapping 401k funds. The backlash against "wealthy" Boomers; living on cash.

3:12 Roaring Kitty & Market Expectations
14:29 Why Markets Lead Economy by 69 Months
30:17 Coffee, Europe, & Email: Why We Don't Invest Internationally
44:28 NFIB Report Preview
48:22 The Flaw in "Borrowing" from 401k's

Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor, Jonathan Penn, CFP
Produced by Brent Clanton, Executive Producer

Articles mentioned in this report:
"Moving Average Crossovers Suggest The Bull Is Back"
https://realinvestmentadvice.com/movi...
"Equities Bounce Back Ending The April Correction"
https://realinvestmentadvice.com/news...

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   • 51424 Can Hotter CPI Trigger Correc...  

Our previous show is here: "Bounce Back Ends April Correction"
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