(5/2/23) The FOMC meets today with their interest rate announcement tomorrow afternoon; most important will be the language in the Fed's statement. With sticky, stubborn inflation still rampant, no rate cut is in sight, but the Fed could decide to pause after a final 25bp rate hike tomorrow. Joe Biden's Good Credit Mortgage Penalty program begins; the unintended consequences; why housing is really unaffordable; the ObamaCare case study; increased government regulation never has good outcomes. Choosing careers Artificial Intelligence cannot replace: Menial labor, grounds maintenance, skilled trades; at risk are general office admins, architects, lawyers, and investment advisors; the downside of Ai. Jenny Craig's Bankruptcy; Subway Sandwiches sinks; Jobless Claims preview; mild upticks, but no spikes in unemployment. Investors must take economic data at face value because that's what the market is doing. The goal is to win more than you lose, looking at markets from a risk-based perspective instead of a fear-based view. SEG-1: Fed Meeting Preview: Higher Rates Likely, with a Pause SEG-2: Why Housing is Really Unaffordable SEG-3: How to Choose Careers Artificial Intelligence Cannot Replace SEG-4: Risk-based vs Fear-based Investing 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=lbPXNNGAbKo&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=11s -------- The latest installment of our new feature, Before the Bell | "Markets Trading at February's Highs" is here:  https://www.youtube.com/watch?v=U0uLfsVOUnc&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 --------  Here are articles mentioned in today's show: "Conviction (Or How To Lose A Lot Of Money In Investing)" https://realinvestmentadvice.com/conviction-or-how-to-lose-a-lot-of-money-in-investing/ ------- Our previous show is here: "Who's Really Holding the Bag for First Republic Bank?" https://www.youtube.com/watch?v=ehya-ZesW_8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our next Lunch & Learn: "Transitioning to Medicare" https://us06web.zoom.us/webinar/register/7516747839784/WN_yEQ0iBgwQ2WdIexCLAdpPQ ------- 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 SimpleVisor: https://www.simplevisor.com/register-new -------- 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 #InterestRates #ArtificialIntelligence #JoblessClaims #MortgageEquity #Markets #Money #Investing