PCE Inflation is weaker, yet consumer spending remains robust; the Atlanta Fed is forecasting 2.3% GDP for Q2. Is this period nirvana for the Fed? The Relative Strength Index is stuck at 70.  Markets continue a low-volatility advance, seemingly floating higher. The current environment typically leads to market correction. The next round of earnings commences next week; it will be unsurprising that to see a high percentage of companies “beat” Wall Street estimates. (The high beat rate is always the case due to the sharp downward revisions in analysts’ estimates as the reporting period begins.) Are investors paying more for less? California's new $20.hr minimum wage goes into effect today; cast study to come. The realities of the cost of labor; at what point do consumers say, "enough." What are the upper limits of the minimum wage (that was never intended to be a living wage)? SEG-1: Is Now Nirvana for the Fed? SEG-2: Financial Conditions vs Borrowing Conditions SEG-3: ATM Cash & Kids; Are Investors Paying More for Less? SEG-4: California's Higher Minimum Wage vs Economic Reality Hosted by RIA Advisors Hosted by RIA Advisors Chief Investment Strategist, Lance Robert, CIO,   Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: https://www.youtube.com/watch?v=srlOrEXPoTg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=11s ------- Articles mentioned in this report: "Q1 Earnings Season Approaches" https://realinvestmentadvice.com/newsletter/ ------- The latest installment of our new feature, Before the Bell, "Markets Are Set for All-time Highs. Again," is here:  https://www.youtube.com/watch?v=YYuFjLIoi8s&list=PLVT8LcWPeAujhW-HlRJGaPa9tDN_GthEg&index=1 ------- Our previous show is here: "When Financial Conditions Butt Heads With Borrowing Conditions" https://www.youtube.com/watch?v=RxZpMp64N1Q&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=12s -------- Register for our next Candid Coffee: https://streamyard.com/watch/qbNmkhUtAemn ------- Get more info & commentary:  https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://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/ #Q1EarningsExpectations #LowMarketVolatility #RiskOfMarketCorrection #CaliforniaMinimumWage #IncreasedLaborCosts #InvestingAdvice #Markets #Money #Investing