Are Gloom & Doom Scenarios Correct? (10/25/23)

(10/25/23) Google's Earnings Report & Cloud Revenue weakness dampen markets' mood; there remains a dichotomy between the performance of the Mega-cap & and the rest of the market, particularly in mid- and small-caps. If the economy is "doing so well," why aren't these businesses? Markets are hanging on after breaking support at 200-DMA; what's important is how we end the week. Measuring the Data in Retail Sales: Consumers are spending more cash, but buying the same or less quantities of goods. Jobs gains are in low-wage positions; we're "jostle-ating." Are doom & gloom scenarios correct? A look at the Bell Curve; assigning the probabilities to the possibilities; Analyzing the data: How we do what we doo; still al lot of Program dollars floating around the system. The importance of balancing your views with opposing opinions; the most-dire consequences often do not happen. Why Jerome Powell changed his opinion. SEG-1: Dichotomy in the Mega-cap 7 SEG-2: Measuring the Data in Retail Sales SEG-3: Doom & Gloom: Assigning the Probabilities to Possibilities SEG-4: Analyzing the Data: How We Do What We Do Hosted by RIA Advisors 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=xkkkIJacQWE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell, "Markets are Hanging On..." is here:  https://www.youtube.com/watch?v=QW1d0lV2tkQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Is the Pain Trade Higher?" https://www.youtube.com/watch?v=rOs1ro97dXY&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Articles Mentioned in this Show: "Real Rates Drive Stock Prices" https://realinvestmentadvice.com/real-rates-drive-stock-prices/ "The Pain Trade Is Higher Into Year-End" https://realinvestmentadvice.com/the-pain-trade-is-higher-into-year-end/ "Surging Deficits – The Bear’s New Meme" ht