The Real Investment Show Podcast

(8/2/23) Despite claims of no Recession imminent, tax receipt declines and other indicators belie an emerging weakness in the economy. The timing of a Recession, however, is still uncertain. The NASDAQ remains the winner this year, but negative divergences are beginning to appear. The index has rallied back to January's highs without the benefit of additional stimulus. Fitch Credit Rating Downgrade preview (tune in tomorrow!) Six signs you're ready to retire: the negative impact of social media as a news source: Gauging the impact of future, lower interest rates on retirement savings; looking at the reality of Retirement spending. How much money has been saved against unexpected expenses? Where is that money kept: Diversification of assets. Where is the retirement income source? The Social Security factor (impact of demographics). Healthcare expenses, importance of HSA's and FSA's. Getting rid of debt; the difference between "good" debt and bad. SEG-1: Timing of Recession Still Uncertain SEG-2: Six Signs You're Ready to Retire, Pt-1: Impact of Interest Rates on Retirement Savings SEG-3: Six Signs You're Ready to Retire, Pt-2: Diversification of Assets and Retirement Income SEG-4: Six Signs You're Ready to Retire, Pt-3: Healthcare Expenses & Debt Elimination Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show, on our YouTube channel: https://www.youtube.com/watch?v=ztaZOBnpqeU&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell, "Why a Correction Now Would Be Healthy" is here: https://www.youtube.com/watch?v=_169z6iAwu4&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Markets Summer Heat in Full Swing" https://www.youtube.com/watch?v=t00ufC9aedY&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- Articles mentioned in this report: "Bullish Measures Are Getting Really Bullish" https://realinvestmentadvice.com/bullish-measures-are-getting-really-bullish ------- 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/ #InvestingAdvice #Recession #Correction #Retirement #NASDAQ #EconomicWeakness #TaxReceipts #Markets #Money #Investing

(8/2/23) The NASDAQ has been the market darling, so far, this year, rallying back from October's lows. The bulk of the inflows have been through passive investing. The return to the peaks of January has been achieved without any new stimulus money, driven by exuberance that's not been supported by checks to households. It's proof of how much money is still circulating around in the economy. However, negative divergences in relative strength and MACD indicators suggest the momentum is slowing, which will have to be corrected for. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Articles mentioned in this report: "Bullish Measures Are Getting Really Bullish" https://realinvestmentadvice.com/bullish-measures-are-getting-really-bullish ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=_169z6iAwu4&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles mentioned in this report: "Bullish Measures Are Getting Really Bullish" https://realinvestmentadvice.com/bullish-measures-are-getting-really-bullish ------- 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/ #InvestingAdvice #MarketCorrection #MovingAverages #NASDAQ #200DMA #BullMarket #MarketVolatility #Money #Investing

(8/1/23) Summer is in full-swing, and markets are matching the heat with extreme bullish sentiment. What is the cost of hedging your portfolio over time? No one believes a correction is coming (so it probably will). Companies are receiving no reward for beating (lowered) estimates; the number of companies achieving beats is declining. 3% - 5% correction in August should come as no surprise. Bullishness in S&P 500: Everyone can't wait to get in; wait for most-favorable risk/reward dynamic when market corrects. How to increase economic prosperity? Growing the economy, reducing debt. The current US Debt to GDP ratio is 180%! There is no easy fix for our debt problem. Pre-market commentary: Employment numbers and the 2023 Jackson Hole Central Bankers' confab is coming; why wouldn't the Fed hold firm at 5% rates when markets/economy seem to be doing fine? Pricing-in any rate cut could be premature. The dynamics of inflation, year-over-year measurement, and dis-inflation. Monetary normalization is far from complete: The risk still exists that the Fed will not pivot anytime soon. SEG-1: Markets Match Summer Heat SEG-2: No Reward for Earnings Estimates SEG-3: How to Increase Economic Prosperity SEG-4: Why Pricing-in a Rate Drop May Be Premature 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=t00ufC9aedY&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- The latest installment of our new feature, Before the Bell, "Correction in August?" is here: https://www.youtube.com/watch?v=BoYkSwT_5OM&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Is the Bull Market Unstoppable?" https://www.youtube.com/watch?v=G3s_0JPku5c&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2100s -------- Articles mentioned in this report: "Bullish Measures Are Getting Really Bullish" https://realinvestmentadvice.com/bullish-measures-are-getting-really-bullish ------- 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/ #InvestingAdvice #EarningsSeason #EarningsEstimates #LagEffect #Recession #Markets #Money #Investing

(8/1/23) Starbucks, Pfizer, and Merck headline today's earnings reports as earnings season continues, but fewer companies are beating earnings estimates, that those that do aren't being rewarded for their achievement. Maybe that's because companies have lowered estimates (again) to make it easier to clear the bar. The bottom line isn't where the important data lies; it's the top line revenue numbers, and the count of companies beating that number is declining. Markets have been holding up, despite this phenomenon, but as we move into August, earnings numbers will go behind us, and market sentiment is very bullish on an ever-extended market above the moving averages. So a 3- to 5-percent correction this month would not be a surprise. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Articles mentioned in this report: "Bullish Measures Are Getting Really Bullish" https://realinvestmentadvice.com/bullish-measures-are-getting-really-bullish ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=BoYkSwT_5OM&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Articles mentioned in this report: "Bullish Measures Are Getting Really Bullish" https://realinvestmentadvice.com/bullish-measures-are-getting-really-bullish ------- 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/ #InvestingAdvice #EarningsSeason #BeatingEstimates #MarketCorrection #MovingAverages #200DMA #BullMarket #MarketVolatility #Money #Investing

(7/31/23) Investors prepare for August with the "rarity" of market performance: entering the seasonably weaker months of summer with 90% of stocks trading above their moving average; there is a high likelihood they will come back down. Earnings Season continues with the bulk of performance reports negative: We're getting more earnings "beats," but less of a beat than usual and on lowered estimates!) What are you really paying for? NVDIA valuation is problematic at 40-times price to sales; most over-valued stock in the S&P 500. The Lag-effect of what? Where's the Recession? Beware Fed Funds in Excess of Nominal GDP Growth. Government spending hasn't stopped. What happens after earnings season ends? The expectations for stronger earnings growth: What is the risk? The folly of a one-sided bet. The professional managers' index now at 110%. SEG-1: Defining Market Rarity as We Enter August SEG-2: Lowering Earnings Estimates for Better Beats: What are you paying for? SEG-3: The Lag Effect of What? (Where's the Recession?) SEG-4: What Happens After Earnings Season? 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=G3s_0JPku5c&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2100s -------- The latest installment of our new feature, Before the Bell, "Moving Averages Act Like Gravity ," is here: https://www.youtube.com/watch?v=CyFoTE0-tuE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Still No Recession?" https://www.youtube.com/watch?v=tqRA0UPAUPc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=45s -------- Articles mentioned in today's show: "Beating Estimates" – How Companies Win In Earnings Season https://realinvestmentadvice.com/beating-estimates-how-companies-win-in-earnings-season Economic Cycle Set To Improve But Are Bulls Too Bullish? https://realinvestmentadvice.com/newsletter/ ------- 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/ #InvestingAdvice #EarningsSeason #EarningsEstimates #LagEffect #Recession #Markets #Money #Investing

(7/31/23) Markets opened strong on Thursday but quickly sold off on news of the Bank of Japan's Yield Curve controls, which turned out ot be a false rumor. Then on Friday, the actual change by the BOJ was revealed to be a nothing-burger. The market rallied, but did not recapture the previous high. Markets this morning appear poised to open yet higher, but we're pretty extended, which brings us back to the fact that at some point there's going to be a correction: Markets cannot trade above a moving average forever. However, this is not a signal for panic selling. The outsized deviation between the markets and the 200-DMA can last for a while, but moving averages do act like gravity, and the further the deviation, the stronger the gravitational pull. And when prices begin to fall, those will be your buying opportunities. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=CyFoTE0-tuE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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/ #InvestingAdvice #MovingAverages #200DMA #BullMarket #Bearish #MarketCorrection #MarketVolatility #Money #Investing

(7/28/23) How do Millionaires spend their money? No processed food: Health = wealth; no cheap stuff; buy in the middle. Look for dependability in durable goods purchases. [NOTE: This segment is excerpted from a previous show broadcast on 7/7/23]. Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch the full show from which this segment is taken on our YouTube channel: https://www.youtube.com/watch?v=V0FtoN-4dZw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell | "What Bond Prices are Telling us About the Economy" is here: https://www.youtube.com/watch?v=yDypZ7rQbHg&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 -------- Our previous show is here: "Employment Report Preview" https://www.youtube.com/watch?v=KLxNlWup0xM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #Retirement #Distribution #Accumulation #Millionaire #Employment #Economy #FederalReserve #InterestRates #Markets #Money #Investing

(7/27/23) An overview of the current earnings reporting reveals profit margins have declined to pre-pandemic levels. Markets' flat response to Jerome Powell post-FOMC meeting presser The effects of shrinkflation are beginning to fade; no 2% inflation expected until late 2025. Will rate cuts return by then? Markets don't have a friendly Fed; a huge concern for impact of the Lag Effect; still possible for yet another rate increase of .25 to .50% by September. Market expectations vs Consumer Sentiment: Could there still be a "soft" landing? Is 3% inflation good enough? Powell says drop in headline inflation will encourage consumers--counter-productive for flagging inflation. Core Inflation is a better gauge of economic reality. Still no Recession? Why Chipotle is the world's most expensive burrito, and a good mid-level economic indicator. Why Technical Analysis is not voodoo; Recession still coming: 6-mos from now or late 2025? The Lag Effect Factor; the fallacy of MMT has come to pass. SEG-1: Mega Cap Earnings Review SEG-2: Was This the Last Fed Rate Hike? SEG-3: Falling Headline Inflation Works Counter-Intuitively Against the Fed SEG-4: The World's Most Expensive Burrito Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show, on our YouTube channel: https://www.youtube.com/watch?v=tqRA0UPAUPc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=45s -------- The latest installment of our new feature, Before the Bell, "Dow Winning Streak Keeps Going" is here: https://www.youtube.com/watch?v=Ppk8LAZyLus&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Is This the Last Rate Hike?" https://www.youtube.com/watch?v=FgjXnLjDtQA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Articles mentioned in today's show: "Beating Estimates" – How Companies Win In Earnings Season https://realinvestmentadvice.com/beating-estimates-how-companies-win-in-earnings-season Economic Cycle Set To Improve But Are Bulls Too Bullish? https://realinvestmentadvice.com/newsletter/ ------- 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/ #InvestingAdvice #FederalReserve #InterestRates #RateHike #EarningsSeason #MegaCap #Estimates #Inflation #ChipotleIndicator #Markets #Money #Investing

(7/28/23) The Dow is on one of the longest winning streaks we've seen in some time; a very different story from the S&P and the NASDAQ. The Dow is only now breaking out of a trading range in which it has been stuck since the beginning of the year. (You have to go back to 1987 to find a comparable winning streak.) The Dow is now extremely over-bought from the catch-up trade and some sector rotation. This sets the index up for some kind of correction in the months to come. And that response will provide you with a better opportunity to buy in, rather than chasing stocks here. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=_qxrkcd_qJ4&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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/ #InvestingAdvice #DowCorrection #WinningStreak #50DMA #100DMA #200DMA #BullMarket #MarketCorrection #MarketVolatility #Money #Investing

(7/26/23) Why would the Fed cut rates at a time when the markets are rallying, and the economy is doing well? Will this be the final rate hike? Microsoft's report has weaker guidance, Google's very positive outlook includes AI. Markets are approaching a new, 52-week High. Mega Cap preview for today; the Chipotle Indicator, Union Pacific & Transportation stocks; Questions we missed in the last Candid Coffee (see details below) SEG-1: Is This the Last Rate Hike? SEG-2A: Mega Cap Earnings Preview & Chipotle Indicator SEG-2B: Candid Coffee Q&A: ESG Ratings, Carbon Credits, Overseas Investors SEG-3: Candid Coffee Q&A, con't.: Fed Outlook, Home Prices, Fixed Income Investing, Recession Anxiety SEG-4: Candid Coffee Q&A, con't.: Demographics are Destiny; the Odds of Improving Economy; Treasuries' Risk, Investing for Outcomes Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show, on our YouTube channel: https://www.youtube.com/watch?v=FgjXnLjDtQA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell, "Markets Approach 52-Week High" is here: https://www.youtube.com/watch?v=Ppk8LAZyLus&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "How Wall St. Cooks the Books (and how you can tell)" https://www.youtube.com/watch?v=uEwmc4CZeIg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=168s -------- Articles mentioned in today's show: "Beating Estimates" – How Companies Win In Earnings Season https://realinvestmentadvice.com/beating-estimates-how-companies-win-in-earnings-season Economic Cycle Set To Improve But Are Bulls Too Bullish? https://realinvestmentadvice.com/newsletter/ ------- 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/ #InvestingAdvice #FederalReserve #InterestRates #RateHike #EarningsSeason #MegaCap #Estimates #Inflation #ChipotleIndicator #Markets #Money #Investing

(7/26/23) Markets are on the verge of breaking out to new, 52-week highs, thanks to mega cap companies' sterling earnings reports...and the fact that markets never really retraced back to the 20-DMA. Markets have retained the MACD buy signal. However, once the big cap party ends, there may be a better opportunity for a pullback/correction. Gravity has to pull stock prices back down from excessive deviations from the moving averages. The unanswered question will be, what's the cause of the reversal? Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=Ppk8LAZyLus&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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/ #InvestingAdvice #EarningsSeason #MegaCap #50DMA #100DMA #200DMA #BullMarket #MarketCorrection #MarketVolatility #Money #Investing

(7/25/23) Mega Cap companies report earnings today; recession still seems a long way away. Transportation, Materials, and Airlines are all doing well, despite some economic indicators to the contrary. The positive effect from equity inflows will eventually end; this rally is not surprising, but not sustainable: Has the lag effect been pushed back further? How may the Presidential Election Cycle impact economic dynamics and market performance? Moving averages are sloping upwards. How are companies beating earnings estimates? Capitalism is not broken: Who do analysts really work for? How Wall Street cooks the books (and how you can tell). The dark side of stock-based compensation. How much money does it take to "feel comfortable?" Determined by your lifestyle: You'll need to generate 100% of your income in retirement; there is no magic number. SEG-1: Mega Cap Earnings Preview SEG-2: How Companies Are Beating Estimates SEG-3: How Wall Street Cooks the Books SEG-4: How Much Does it Take to "Feel Comfortable?" 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=uEwmc4CZeIg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=168s -------- The latest installment of our new feature, Before the Bell, "Moving Averages Are Sloping Higher" is here: https://www.youtube.com/watch?v=QAGiPKsAnhU&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Earnings Parade Continues" https://www.youtube.com/watch?v=Ar-el_kbdCc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: "Beating Estimates" – How Companies Win In Earnings Season https://realinvestmentadvice.com/beating-estimates-how-companies-win-in-earnings-season Economic Cycle Set To Improve But Are Bulls Too Bullish? https://realinvestmentadvice.com/newsletter/ ------- 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/ #InvestingAdvice #EarningsSeason #MegaCap #Estimates #Inflation #StockBasedCompensation #EconomicIndicators #Markets #Money #Investing

(7/25/23) All moving averages are now sloping higher, putting a very bullish perspective on markets (the slope of a moving average is what tells you the trend of the market). However, deviations from these moving averages are extreme, so a correction is inevitable; but we don't expect to see that until after earnings reporting has concluded. Interestingly, stocks for companies that are beating estimates are not being rewarded, generally. This would indicate that what is now happening in the market has already been priced-in. Regardless, the deviations from the averages are unsustainable over time, and a correction will happen. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=QAGiPKsAnhU&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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/ #InvestingAdvice #EarningsSeason #UpwardTrend #TrendLine #50DMA #100DMA #200DMA #BullMarket #MarketCorrection #MarketVolatility #Money #Investing

(7/24/23) Will market volatility return with a rebalancing of the NASDAQ and Index Funds: Where will the money go? The Barbenheimer Weekend; GDP & Debr-driven liquidity: The problem of debt servicing. Earnings parade continues: Preview w Domino's Pizza as economic indicator; the importance of understanding earnings & estimates. Are you really getting everything you're paying for? Example: Apple is 1/8th US GDP: How can growth estimates be sustained in slow economy? Can the pace of growth continue to justify the price? Same question applies to MSFT and NVDIA. Texas border crisis: How about an immigration tax? How the stock market has become detached from the economy. The correlation between earnings and economic growth. What's next: How can extreme deviations be sustained? Tipflation: It's out of control. How companies can extract more revenue from customers, and not have to raise wages. There's been no recession (yet) because consumers are meeting increased demand; how much more can companies get? Fed inflation data does not include tipping. SEG-1: Market Volatility Returns after Barbenheimer Weekend SEG-2: Earnings Preview & The Domino's Pizza Economic Indicator SEG-3: Texas Border Issues Stock Market Detachment from Economy SEG-4: Tipflation & Why There's no Recession...yet 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=Ar-el_kbdCc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- The latest installment of our new feature, Before the Bell, "Will the NASDAQ Rebalance Matter?" is here: https://www.youtube.com/watch?v=mBSwcE8Iwhw&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "How to Demolish Your Retirement" https://www.youtube.com/watch?v=fk47pi935lM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: Economic Cycle Set To Improve But Are Bulls Too Bullish? https://realinvestmentadvice.com/newsletter/ ------- 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/ #InvestingAdvice #EarningsSeason #Estimates #Inflation #EconomicIndicators #DominosPizza, #NVDIA #MSFT #TexasBorder #ImmigrationTax #Barbenheimer #Markets #Money #Investing

(7/24/23) The NASDAQ today will reduce the weightings of its top ten stocks, and rebalance the rest of the index with those new weightings in place. Could this cause a decline in the markets? Index funds today also have to rebalance at the same time, which, theoretically, would induce a lot of selling at the top. We expected the event to be a "nothingburger," because the weighting removed from the top ten stocks will be added to the bottom 90 stocks as well. Also, markets are extremely deviated, which cannot last for long, resulting in some type of market correction within the next month or so. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=mBSwcE8Iwhw&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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/ #InvestingAdvice #NASDAQ #Rebalance #MarketCorrection #MarketVolatility #Money #Investing

(7/21/23) Are you happy with the markets? You can't fight the tape; the slowdown of the consumer has yet to occur; transcripts of earnings calls have not been dire. How to deal with IRS Rules changes for IRA's. If the government is taking your money like this now, what will they do next? Why they're pushing Roth's: they want your money now. Inherited IRA's vs Roth's: Roth conversions as legacy strategy. (Why all the delay and confusion with RMD Rules?) The impact of caregiving on retirement plans. SEG-1: Happy with the Markets? SEG-2: Rule Changes for IRA's SEG-3: Inherited IRA's vs Roth's SEG-4: Impact of Caregiving on Retirement Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show, on our YouTube channel: https://www.youtube.com/watch?v=fk47pi935lM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell, "Does Market Retracement Spell Return to All-time Highs? " is here: https://www.youtube.com/watch?v=NN8k5kM7TcE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Living With the Lag Effect" https://www.youtube.com/watch?v=8w_xn1j5y1I&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: The End of an Era for Stocks, Warns the Fed https://realinvestmentadvice.com/the-end-of-an-era-for-stocks-warns-the-fed ------- 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/ #InvestingAdvice #EarningsSeason #Inflation #EconomicIndicators #Retirement #Caregiving #Roth #IRA #Markets #Money #Investing

(7/20/23) Earnings season continues with Regional Banks' performance, "so far, so good," but related concerns persist. Markets have retraced over 78% of their decline from January 2022 all-time highs; are new, all-time highs about to he achieved? Are banks presently enjoying a perfect economic environment? Are companies pricing-in growth that cannot be delivered? Sector rotation impact; looking at the lag-effect; how to higher interest rates affect the US Treasury? Debt interest expense increases. (Teenager Blessings) Companies' ability to pass along price increases to consumers is easier when inflation is high; how will margins be affected? The Lag Effect affects us all, but differently. SEG-1: Regional Banks Earnings Update: So far, so good SEG-2: Markets Can't Stop/Won't Stop Mentality SEG-3: Looking for the Lag Effect SEG-4: Companies' Ability to Pass-on Inflation to Consumers Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer -------- Watch today's show, on our YouTube channel: https://www.youtube.com/watch?v=8w_xn1j5y1I&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell, "Does Market Retracement Spell Return to All-time Highs? " is here: https://www.youtube.com/watch?v=NN8k5kM7TcE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "The Conundrum of Early Retirement" https://www.youtube.com/watch?v=SxcTJJ5TVoc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: The End of an Era for Stocks, Warns the Fed https://realinvestmentadvice.com/the-end-of-an-era-for-stocks-warns-the-fed ------- 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/ #InvestingAdvice #EarningsSeason #LagEffect #Recession #Inflation #EconomicIndicators #RegionalBanks #Markets #Money #Investing

(7/20/23) Concerns of a bear market retracement are predicated on a credit-related issue, like, for example, the banking sector crisis. But Markets have now retraced over 78% of the decline from peak of January 2022. Historically, when markets make certain retracements through various levels of resistance (at which they can typically fail), and clear those levels, markets typically move higher. Beyond the 78% mark, there's no historic precedent for markets not hitting all-time highs. Notwithstanding, that does not mean a correction won't happen somewhere along the way. If markets do achieve another all-time high, possibly before the end of the year, or in early 2024, that will validate the correction that occurred in the 2022. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=NN8k5kM7TcE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #BullMarket #MarketCorrection #AllTimeHigh #RebalancingRisk #Money #Investing

(7/19/23) Investors' return to exuberance: Is the worst behind us? More to come in August and September. Markets are still hoping for a rate cut; is that realistic? Markets may be getting ahead of themselves as earnings season continues; at 3-standard deviations above the averages, upside potential is limited. Regional Banks have priced-in bad news; why the democratization of finance is not necessarily a good thing. Who really benefits? In peer-to-peer lending, if it's too good to be true, it probably is . The conundrum of early retirement: Three things you should know. Janet Yellen now says, 'No recession;' better buckle up. Economic data vs Market sentiment. SEG-1: Investors' Return to Exuberance SEG-2: Earnings Preview; The Democratization of Finance SEG-3: The Conundrum of Early Retirement SEG-4: Janet Yellen: No Recession? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show, on our YouTube channel: https://www.youtube.com/watch?v=SxcTJJ5TVoc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell, "Is Market Upside Limited?" is here: https://www.youtube.com/watch?v=_pc1n-0egAQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Investing Around Political Landmines" https://www.youtube.com/watch?v=HF3tiP2Am8I&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: The End of an Era for Stocks, Warns the Fed https://realinvestmentadvice.com/the-end-of-an-era-for-stocks-warns-the-fed ------- 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/ #InvestingAdvice #EarlyRetirement #MarketExuberance #EarningsSeason #FinanceDemocratization #JanetYellen #Recession #EconomicIndicators #FiscalPolicy #Markets #Money #Investing

(7/19/23) Markets are excited as earnings season progresses with results beating (lowered) estimates; pay attention to what companies are saying about their earnings: Are they making more money...or less? Markets seem to be getting ahead of themselves; the small cap index has been lagging all year. The mega-caps have been driving the rest of the herd to rally, and that rally appears now to be broadening to include the smaller cap companies now. But markets are now three standard deviations above their moving averages, and at these extremes, upside becomes more limited. Don't be surprised to see markets actually relax a bit for a day or two for a correction back to the moving averages. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=_pc1n-0egAQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #BullMarket #LimitedUpside #20DMA #50DMA #100DMA #200DMA #MarketCorrection #RebalancingRisk #Money #Investing

(7/18/23) Bank earnings reports continue to bolster optimism: Will bailout facilities be enough? Manufacturing Indexes turn positive after too long in negative mode; looking for an upturn in the business cycle. Higher retail sales are expected; what will be the reality? Watch for signs of pullback in discretionary spending; Market rally and rising trendlines confirm bullish bias. The Baltimore Build: Productive vs Non-productive debt; choices and consequences of public policy. The crumble of the ESG facade: ESG goals were un-measurable; pressure by Blackstone for companies to be "ESG Compliant" proven hypocritical w appointment of Saudi Aramco CEO to Blackrock board. Larry Fink admits EGS is a "political landmine." How will the expiration of the Student Loan Debt repayment moratorium affect retail sales this Christmas? We do the math. Divorce and societal choices affect population/GDP growth. SEG-1: Bank Earnings & Optimism SEG-2: The Baltimore "Build:" Productive vs Non-productive Debt SEG-3: The Crumble of the ESG Facade SEG-4: How Will Student Loan Debt Repayment Impact Christmas Retail Sales? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, Produced by Brent Clanton, Executive Producer -------- Watch today's show, "Investing Around Political Landmines" on our YouTube channel: https://www.youtube.com/watch?v=HF3tiP2Am8I&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell, "Time to Look at Rebalancing Risk," is here: https://www.youtube.com/watch?v=JJI-ypOQKVs&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Why Should the Fed Lower Rates Now?" https://www.youtube.com/watch?v=lq5Cn-7cIrc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: The End of an Era for Stocks, Warns the Fed https://realinvestmentadvice.com/the-end-of-an-era-for-stocks-warns-the-fed ------- 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/ #InvestingAdvice #ESGInvesting #Blackrock #LarryFink #SaudiAramco #CorporateEarnings #Expectations #RetailSales #EconomicIndicators #FiscalPolicy #ProductiveDebt #DivorceParty #Markets #Money #Investing

(7/18/23) Markets have been trending upward on all three moving averages, 20-DMA, 50-DMA, and 100-DMA. When they're all in agreement, that's confirmation of a bullish market. And with the gap spread in these moving averages, there is broad support for markets. That being said, a 3- 5% corrective pullback should be expected at some point; all of these averages would suggest upside to prices is somewhat limited at this point. This would be a good time to take a look at rebalancing risk in portfolios. We are beginning to see some decent rotation into other areas of the market, particularly in the small- and mid-cap space. We're anticipating some pullback to occur in the seasonally-weaker months of Summer, late July and August. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=JJI-ypOQKVs&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #BullMarket #20DMA #50DMA #100DMA #200DMA #MarketCorrection #RebalancingRisk #Money #Investing

(7/17/23) Markets are doing what they do: Can Earnings live up to expectations, going forward? Inflation (as measured) is coming down, but prices paid have not. There is competing data: Optimism vs Pessimism. Earnings results are not as important as what companies are saying about forward outlooks. Are Regional Banks in trouble? Has the risk of Recession lessened? If markets price-in recession, it won't happen; conversely, when it's not expected... That's how contrarian investing works. Tax Receipts are economic indicators, and they're not looking good. Looking at leading economic indicators in normal business cycles; the economy can slow only so much before oscillating to the upside. Look beneath the surface of media headlines, expect a pullback and buy into it. Outcomes are functions of choices, but no one wants to take responsibility for them. Example: Europeans are becoming poorer because of policy decisions over past few decades; the good and proper use of debt; non-productive debt is a wase of money. What's happening in the EU now will follow to the US: Political policies matter. SEG-1: Can Earnings Live Up to Expectations? SEG-2: Tax Receipts as Economic Indicator: Has Recession Risk Lessened? SEG-3: The Economy Can Slow Only so Much Before Oscillating SEG-4: Outcomes are Functions of Choices Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=5wHmPOWzeFk&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- The latest installment of our new feature, Before the Bell, "Net Interest Income is Off the Charts," is here: https://www.youtube.com/watch?v=xAdmBmtHWjc&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Why Should the Fed Lower Rates Now?" https://www.youtube.com/watch?v=lq5Cn-7cIrc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: The End of an Era for Stocks, Warns the Fed https://realinvestmentadvice.com/the-end-of-an-era-for-stocks-warns-the-fed ------- 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/ #InvestingAdvice #CorporateEarnings #Expectations #TaxReceipts #EconomicIndicators #FiscalPolicy #ProductiveDebt #Markets #Money #Investing

(7/17/23) Regional banks have been "in trouble" since the first of the year, thanks to higher interest rates and declining collateral values. Customers' moving deposits to bigger banks and money market funds has created an outflow from the regionals. While that has seemed to have stabilized the sector, investors should ask, 'can the banking environment get any better for banks?' Consider: With the Fed Funds Rate at 5% and credit card rates at 22%, net interest income is off the charts, upwards of 50%. Despite that, banks sold off in Friday's markets. Consider, too: with financials being a big part of the S&P, if things cannot get any better than this, it's going to be challenging for the S&P to continue to rise indefinitely without financials participating in the markets. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=xAdmBmtHWjc&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #FinancialSector #RegionalBanks #FederalReserve #InterestRates #BankIncome #Money #Investing

(7/13/23) Elon Musk's ChatGPT challenger, xAI, is the source of an order boom for NVDIA chips. Meanwhile, markets respond to a cooler-than-expected CPI print. Social Media Influencers & Human Bait; Digesting CPI: The difference bweteen YOY and MOM numbers. What's the Fed's next move? Why would/should the Fed lower rates now? Why the Fed will do what it takes to save the banks; saving their rate "cushion" for a rainy day. What about risk from Commercial Real Estate? What are the Big Banks thinking? Margins are at risk, at lowest levels in 30-years. Regional Banks' stories will be more interesting; banks' Loan Loss Reserves are key. They Fed says it's the end of an era for stocks: Corporate profits of late have relied heavily on low taxes and interest rates. What does that infer going forward about continued corporate and GDP growth? The problem with higher-than-normal valuations; Bonds' alternatives; the impact (or not) of stock buy backs. SEG-1: Elon's xAI = NVDIA Chip Order Boom SEG-2: Digesting CPI: The differency between YOY & MOM SEG-3: What's the Fed Doing Next? SEG-4: The Fed: The End of an Era (for Stocks)? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/c/TheRealInvestmentShow -------- The latest installment of our new feature, Before the Bell, "Does CPI Change Fed's Rate Hike Views?," is here: https://www.youtube.com/watch?v=ga0EkmNE7CQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "How to Avoid Fatal Flaws in Modern Financial Planning" https://www.youtube.com/watch?v=qKIfpOqAENM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: The End of an Era for Stocks, Warns the Fed https://realinvestmentadvice.com/the-end-of-an-era-for-stocks-warns-the-fed ------- 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/ #InvestingAdvice #CPI #FederalReserve #InterestRates #Inflation #ElonMusk #xAI #Markets #Money #Investing

(7/13/23) A weaker-than-expected .2% CPI report resulted in a market rally that broke out of the consolidation range. Markets interpreted the drop to 3% YOY inflation to infer the Fed will halt its interest rate hike campaign, if, in fact, the FOMC raises rates (for a final time) this month. Sell signals are about to flip to "buy." Most of today's action will be tech-driven. At this point, there's not a lot to stop markets from once again reaching all-time highs. Note, however, that we're in the seasonally weak time of the year; the put/call ratio is "put-hate" across the board, with no one really believing the market can decline here. We still believe there is the possibility of a short term correction this summer. Use dips as an opportunity to buy-in to markets. Recession concerns remain, but the markets are looking well-past that now. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=ga0EkmNE7CQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #CPI #Inflation #FederalReserve #InterestRates #20DMA #50DMA #SellSignal #Money #Investing

(7/12/23) Markets' anticipation of inflation would result in a moderate decline (in fact, June CPI printed at .2% for a 3% inflation rate). Meanwhile the NFIB report reflected improving moods among small businesses, and other data shows consumers are more confident about spending money = more inflation. How do companies protect profit margins? Cut costs and/or raise prices = inflation. Speculative mood is returning to markets. Charlie Munger: The first $100k is the toughest. avoid distractions from long-term goals by short-term narratives. Things rich people do: Shopping with coupons (remember S&G Green Stamps?) The significance of your savings rate. Choosing to build wealth (avg. work week = 34.5/hours vs entrepreneurs' work habits). Savings strategies & priorities and avoiding the lifestyle creep. There are no shortcuts to building wealth: Saving 30% of income, for starters. The flaws in modern financial planning include unrealistic gains and ignorance of negative returns: Why pensions fail. Managing need, wants, wishes. SEG-1: CPI Day: Markets Anticipation of Inflation SEG-2: How to Make Your First $100k SEG-3: Savings Strategies & Priorities SEG-4: Fatal Flaws in Modern Financial Planning Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=qKIfpOqAENM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell , "Why We've All Become Bettors Against the CPI," is here: https://www.youtube.com/watch?v=dlsvcU1JnIA&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Surplus Cash is Ending" https://www.youtube.com/watch?v=pd02kgURCXA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: Q2 Earnings Season Begins – Will It Support The Bulls? https://realinvestmentadvice.com/newsletter/ ------- 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/ #InvestingAdvice #BuildingWealth #FinancialPlanning #Savings #ConsumerSpending #Economy #CPI #FederalReserve #InterestRates #Markets #Money #Investing

(7/12/23) CPI predictions ranged from .5% to flat, prior to the announcement that inflation in June rose only .2%. Year-over-year inflation rose 3%, less than the more recent 4% inflation. Predicted reactions to that number illustrated just how silly we've become about CPI, basically being bettors against the number, like Eddie Murphy in "Trading Places" betting on orange futures. Markets have been consolidating prices over the past few weeks, and upside has been limited. A "hot" reading would have triggered a move to the downside, and a "cool" number would have prompted a breakout to the upside. With a reading close to the .2% expectations, don't look for markets to do much of anything. [NOTE: This report was recorded prior to release of today's CPI Report] Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=dlsvcU1JnIA&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #CPI #Inflation #FederalReserve #InterestRates #20DMA #50DMA #SellSignal #Money #Investing

(7/11/23) The next CPI report is on the way: What will the Fed say? Why Core Inflation matters; investors are dancing from one form of FOMO to the other. NFIB report preview; defining the rally: A bullish stampede followed by correction. Average credit card payments are higher than ever, thanks to interest rate hikes; the effect on car loans and credit cards. Surplus cash is ending. How much longer before consumer spending slows? Is Recession still coming? Why companies are "hoarding" employees. Stock Risks: Infinite damnation vs finite cost. Beating the index is a con game. Market futures; NASDAQ Index rebalancing preview as fund managers prepare. The markets' ability to absorb news and risk. This is a different environment than 2020, but eventually, fundamentals will matter. The problem of refinancing debt (the market already knows and has priced in the event.) SEG-1: CPI Preview: What's the Fed to Do? SEG-2: Credit Card Debt & The Fed's Wage/Price Spiral SEG-3: Beating the Index: The Biggest Con on the Markets SEG-4: NASDAQ Index Rebalancing Preview 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=pd02kgURCXA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell | "Can Markets Do No Wrong?" is here: https://www.youtube.com/watch?v=J-oU-DajfGE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Inside the Q2 Reports: Why Sales Matter" https://www.youtube.com/watch?v=0BrLi52A6CA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=6s -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: Q2 Earnings Season Begins – Will It Support The Bulls? https://realinvestmentadvice.com/newsletter/ ------- 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/ #InvestingAdvice #ConsumerSpending #Economy #CPI #FederalReserve #InterestRates #Markets #Money #Investing

(7/11/23) Markets remain atop the 20-DMA, seemingly doing nothing wrong at this point, continuing to drift-up that average. We are still on a sell-signal from elevated levels, and the current bullish stampede has been underway from some time, way longer than the typical 15-day cycles. We're due for a correction, and that will provide an opportunity to put capital to work. The differential between a bear market and a correction is how fast you get back to all-time highs. We believe we're on pace to achieve new all-time highs by the end of this year. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=J-oU-DajfGE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #FederalReserve #InterestRates #Inflation #20DMA #50DMA #SellSignal#Money #Investing

(7/10/23) NVDIA sets the tone as Earnings Season begins. Companies this time need to achieve a double-beat on earnings as well as sales. Banks & Financials will lead the way this week: What will Loan Loss Reserves foretell? Employment report missed estimates for the first time in 14-months. Has the market sell-off begun? Examining the relationship between the markets and the economy: Why Sales matter (and the problem with depending on Operating Earnings). The impact of stock buy-backs (and associated accounting gimmicks) on earnings; just how profitable are companies, really? The downside of buy-backs and the need for bailouts. What if the Recession is still out there? Preview of the NFIB Small Business Report: Why no one pays attention. Is the trough of economic weakness behind us, or more to come? The Roberts' Family weekend; still a lot of bullish attitudes in the markets; FOMO is back. Investors are more focused on fewer stocks; the Fed is caught between the markets and inflation. Earnings estimates do not support what is happening in most companies. If you missed the boat, another one is coming. SEG-1: Earnings Season Begins: Beware NVDIA SEG-2: The Markets vs The Economy: Why Sales Matter SEG-3: NFIB Small Business Preview SEG-4: Robert's Family Weekend; FOMO is Back 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=0BrLi52A6CA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=6s -------- The latest installment of our new feature, Before the Bell | "Will the Market Sell-off Continue this Week?" is here: https://www.youtube.com/watch?v=3Tv1HWX0XWQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Shifting from Accumulation to Distribution in Retirement" https://www.youtube.com/watch?v=V0FtoN-4dZw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: Q2 Earnings Season Begins – Will It Support The Bulls? https://realinvestmentadvice.com/newsletter/ ------- 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/ #InvestingAdvice #EarningsSeason #SalesResults #Employment #Economy #FederalReserve #InterestRates #Markets #Money #Investing

(7/10/23) Markets are sitting atop the 20-DMA following last week's sell-off action; if markets are going to hold at this level, they need to hold at the 20_DMA, but futures are pointing south ahead of the opening bell. Markets need a reason to rally, but are still on a sell-signal. Sideway consolidation has been underway for the past couple of weeks. If markets break through support at the 20-DMA, they will look to retest the 50-DMA, and that will give us the correction we've been looking for. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=3Tv1HWX0XWQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #FederalReserve #InterestRates #Inflation #20DMA #50DMA #SellSignal#Money #Investing

(7/7/23) The Fed's Trillion-dollar question is whether they can thread the needle between a strong market and economic data and the need to control inflation; the market must realize the Fed's not done yet. Market resiliency remains surprising. Who will play the part of Elon Musk in biopic film? Our next Candid Coffee teaser: Mid-year Economic Review. Stock exposure in late-stage portfolios: Shifting from accumulation to distribution mode. Avoiding the black hole of retirement; being initially conservative. Portfolio allocations are meant to be fluid. Variables like maxed-out SS, life expectancy; respecting the retirement guardrails. How do Millionaires spend their money? No processed food: Health = wealth; no cheap stuff; buy in the middle. Look for dependability in durable goods purchases. SEG-1: The Fed's Trillion-dollar Question SEG-2: The Big Shift: Accumulation to Distribution in Retirement SEG-3: The Big Shift, Pt-2 SEG-4: How Millionaires Spend Money Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=V0FtoN-4dZw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell | "What Bond Prices are Telling us About the Economy" is here: https://www.youtube.com/watch?v=yDypZ7rQbHg&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 -------- Our previous show is here: "Employment Report Preview" https://www.youtube.com/watch?v=KLxNlWup0xM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #Retirement #Distribution #Accumulation #Millionaire #Employment #Economy #FederalReserve #InterestRates #Markets #Money #Investing

(7/6/23) What to watch for this earnings season: What is the quality of earnings--are companies selling more stuff? Is corporate outlooks still strong? Employment Report tomorrow (7/7) is markets' focus. Pressure is on for Long-term Bonds. Janet Yellen goes to China; Is the whole Employment calculation being done incorrectly? If employment is strong, improvement in services resulting in expansion = inflationary: This is not an environment for cutting rates. The emergence of "Greedflation:" Is it just limited supply in the face of demand? No one thinks about companies' input costs. Now, as prices are starting to fall, how will this affect earnings estimates? The Cure for Inflation is Inflation. Problems occur when government interferes with economic process. Interest rates are a function of economic strength: The Physics of Economics. SEG-1: What to Watch for This Earnings Season SEG-2: Is the Employment Calculation Wrong? SEG-3: Greedflation or Economics 101? SEG-4: The Physics of Economics Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=KLxNlWup0xM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s -------- The latest installment of our new feature, Before the Bell | "What Bond Prices are Telling us About the Economy" is here: https://www.youtube.com/watch?v=yDypZ7rQbHg&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 -------- Our previous show is here: "Welcome to the Second-half of 2023" https://www.youtube.com/watch?v=Mp6FP4Jx1Ds&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=30s -------- Article Mentioned in Today's Show: "Treasury Yield Curves – Is This Inversion Different?" https://realinvestmentadvice.com/treasury-yield-curves-is-this-inversion-different ------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #Employment #Inflation #Jobs #EarningsSeason #CorporateEarnings #BondYields #Markets #Money #Investing

(7/6/23) Bonds have been under pressure of late as the Fed has begun talking again about needing to raise interest Rates. But interest rates on the long end are not controlled by the Fed; they're dictated by economic growth (or lack thereof). The Federal Reserve controls the short-end of the yield curve, and hiking interest rates does not necessarily mean long-term bonds will be so affected. A recession and a slower economy due to inflation will be factors driving the long-end of the curve. Bonds have never been this depressed since the start of the current century. Bond prices will rise and yields will fall with a slower economy, and that's the thing to watch for. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=yDypZ7rQbHg&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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/ #InvestingAdvice #FederalReserve #InterestRates #Bonds #YieldCurve #Inflation #Money #Investing

(7/5/23) Welcome to the second-half of 2023: Q2 earnings season is revving up, as markets' performance divergence from economic indicators creates the question: Who's right, and where to now? What about the Wealth Gap, the Wealth Effect, and Consumer Confidence? Earnings season commences with massive cuts in earnings estimates (so that the beat rate will be high!) What about the Quality of earnings and revenue? Reported earnings since the pandemic are up +500%, while revenue is up only +100%; how is that possible or sustainable? NVDIA's predictions are not supportable: 40X price-to-sales ratio in a market where there are other players (AMD); valuations do not support growth. Apple has 8x price to sales with 25% market share. The story of Lance's Laundry and today's shirt choices. The continuing saga of the Roberts' Real Estate; did increasing home values feed The Great Resignation? Correlation and Causation are not always connected. Spurious Correlations and a look at real Employment/Unemployment vs "The Numbers:" 40-million are not working...and not being counted, either. SEG-1: Q2 Earnings Season Begins SEG-2: Earnings Estimates Decline: What About Quality of Earnings & Revenue? SEG-3: Lance's Shirts & Roberts' Home Sales Saga SEG-4: Spurious Correlations & Real Employment Numbers 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=Mp6FP4Jx1Ds&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=30s -------- The latest installment of our new feature, Before the Bell | "Will Economic Data Catch Up with Market Sentiment?" is here: https://www.youtube.com/watch?v=j1Zl-TPrYtE&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 -------- Our previous show is here: "Lessons from the Luling Watermelon Thump" https://www.youtube.com/watch?v=4C0g2xXwOGE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Article Mentioned in Today's Show: "Treasury Yield Curves – Is This Inversion Different?" https://realinvestmentadvice.com/treasury-yield-curves-is-this-inversion-different ------- 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/ #InvestingAdvice #Employment #UnEmployment #GreatResignation #HousingMarket #EarningsSeason #Markets #Money #Investing

(7/5/23) markets are back up to 52-week highs, and analysts expect we'll tough all-time highs by the end of the year. There are myriad levels of support throughout the market to keep it in a bullish trend until year's end. None of this sets aside the fact that we could still have a 3- to 5% correction this summer. In fact, such a correction SHOULD be expected, as that is normal during any given year. That event would create a much better opportunity on a risk/reward basis to put capital back to work. Meanwhile, economic data continues to read weaker, with manufacturing data released on Monday pointing to anemic activity. So who's right? Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=j1Zl-TPrYtE&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 ------- 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/ #InvestingAdvice #MarketSentiment #EconomicGrowth #ManufacturingIndex #Money #Investing

(7/4/23) When helping adult children financially hurts, them AND you. The benefit of making kids learn early to pay taxes. Learning to use debt strategically. Paying back the student loans working at Sam's Club. SEG-1: Consumer Confidence & Expectations on the Rise; The Fed: "Drat!" SEG-2: Why Lower Interest Rates are NOT Coming Bank SEG-3: When Helping Your Adult Children Hurts--Them and You. SEG-4: Paying Back Debt; No Volatility; Boost Retirement Income 29% Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch the full show from which these segments were excerpted on our YouTube channel: https://www.youtube.com/watch?v=4lwgXEy5xfc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- The latest installment of our new feature, Before the Bell | "US Sanctions Against Chip Sales to China Deflate Stocks" is here: https://www.youtube.com/watch?v=VwG1fzY5p5s&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 -------- Our previous show is here: "Could "Revised" Economic Data Drive Rates Higher?" https://www.youtube.com/watch?v=nPPvClZxJ78&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- Article Mentioned in Today's Show: "Bull Trap Or A Bull Market?" https://realinvestmentadvice.com/bull-trap-or-a-bull-market/ ------- 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/ #InvestingAdvice #InterestRates #FederalReserve #EconomicGrowth #AdultChildren #StudentLoanDebt #MarketVolatility #RetirementIncome #Markets #Money #Investing

(7/3/23) Larry Fink has a change of heart about ESG? The scam that is ESG. For real change, boycott the companies (Blackrock) that invest in "woke" businesses; literally move your money away from Blackrock. Lance lays out the evidence. Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- The full show from which this segment is excerpted can be found here: https://www.youtube.com/watch?v=nPPvClZxJ78&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=2&t=7s -------- Article Mentioned in Today's Show: "Bull Trap Or A Bull Market?" https://realinvestmentadvice.com/bull-trap-or-a-bull-market/ ------- 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/ #InvestingAdvice #SecondQuarterResults #MarketCorrection #Inflation #DataRevisions #Blackrock #LarryFink #ESGinvesting #Markets #Money #Investing

(6/30/23) Markets appear to be breaking out of the malaise; when does the market train run out of steam? Lessons from the Luling Watermelon Thump (IYKYK): a.) Don't eat all of the chicken all at once; b.) Don't owe nothing to nobody; c.) The heat won't kill you until it does; d.) Hay is gold; e.) Small amount of quality over a stack o' nothing (buy in the middle); f.) The past has a place, but don't forget the present; g.) You can fool yourself, but the pigs will still laugh at you. Mid-year Economic Review preview (it's July 22nd); How to boost your retirement income by 29% with annuities; must be planned for, not sold to. The 4% Rule is done. SEG-1: When Does the Market Train Run Out of Steam? SEG-2: Lessons from the Luling Watermelon Thump, Pt-1 SEG-3: Lessons from the Luling Watermelon Thump, Pt-2 SEG-4: How to Boost Retirement Income Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=4C0g2xXwOGE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell | "The Risk-Reward in the Markets is Limited" is here: https://www.youtube.com/watch?v=9EBMcx3r3KA&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 -------- Our previous show is here: "Is a Recession Yet to Come?" https://www.youtube.com/watch?v=ProPPk4AvOw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- Article Mentioned in Today's Show: "Treasury Yield Curves – Is This Inversion Different?" https://realinvestmentadvice.com/treasury-yield-curves-is-this-inversion-different ------- 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/ #InvestingAdvice #MarketExuberance #FinancialAdvice #RetirementIncome #Annuity #LulingTexas #LulingWatermelonThump #Markets #Money #Investing

(6/29/23) Yankee pitch a perfect game, as Bank Stress tests all reveal perfect scores(!); no bailout required. Yet. Markets are still betting on lower rates, but liquidity remains. Money market accounts are in high-demand. Yield curves suggest Recession is still to come. The economy is based on debt: New Debt and Old Debt. Jerome Powell says more rate hikes to come. The Yankee's perfect games (4): all pitchers' names begin with "D." Who's right: Markets or the Fed? Debt generates growth; banks' customer base enables loan-making. Debt to GDP ratios now at 4x. Yield Curve un-inversion is what matters. Recessions typically follow 16-months after yield curve inversion; it's been only 12. The Fed doesn't want to raise rates but is happy to keep them where they are. The Death of the Dollar? Collapse of diamond prices and decline in Gold. No fear in the markets w surge in consumer confidence: the Fed's conundrum. When the market is bullish, invest for today. Why should the Fed cut rates if the economy is humming along? SEG-1: Perfect Games and Bank Stress Results SEG-2: Has the Havoc Already Happened? SEG-3: Who's Right: Markets or the Fed? SEG-4: Markets are Bullish: Invest for Today Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=ProPPk4AvOw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- The latest installment of our new feature, Before the Bell | "The Risk-Reward in the Markets is Limited" is here: https://www.youtube.com/watch?v=9EBMcx3r3KA&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 -------- Our previous show is here: "Why Lower Interest Rates Are NOT Coming Back" https://www.youtube.com/watch?v=4lwgXEy5xfc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- Article Mentioned in Today's Show: "Treasury Yield Curves – Is This Inversion Different?" https://realinvestmentadvice.com/treasury-yield-curves-is-this-inversion-different ------- 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/ #InvestingAdvice #InterestRates #FederalReserve #EconomicGrowth #YieldCurve #Recession #BankStress #Markets #Money #Investing

(6/29/23) Markets Wednesday opened weak, rallied strongly, and then sold-off. But markets were slightly positive from where they opened for the day. Support levels are holding this morning, with futures looking higher. The "threat" is two remaining days for quarter-end portfolio rebalancing. We're still on a sell-signal, which doesn't mean prices necessarily decline sharply, but indications are for a limited upside, and a downside potential of between 200- and 300-points. Remember, a 5- to 10% correction is completely normal in any given year, and such action would likely provide a better entry opportunity heading into the end of the year. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=9EBMcx3r3KA&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 ------- 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/ #InvestingAdvice #MarketCorrection #Recession #EconomicGrowth #QuarterEndRebalancing #Money #Investing

(6/28/23) Consumer confidence is on the rise, along with company expectations; the Fed says, "Drat!" Rising markets ease economic conditions, which will bring inflation back into the economy. Trade sanctions against China could deflate markets; AI has been the "new theme" this year. Danny's Canadian travelogue. Why low interest rates are NOT good for the economy; rates are always a function of economic growth. Howard Marks on interest rates. The problem with financing debt; living in the alternative universe of Apple's VR. When helping adult children financially hurts, them AND you. The benefit of making kids learn early to pay taxes. Learning to use debt strategically. Paying back the student loans working at Sam's Club. According to the VIX, there's no volatility in the market. How to boost retirement income by 29% with annuities (they're not for everyone!) SEG-1: Consumer Confidence & Expectations on the Rise; The Fed: "Drat!" SEG-2: Why Lower Interest Rates are NOT Coming Bank SEG-3: When Helping Your Adult Children Hurts--Them and You. SEG-4: Paying Back Debt; No Volatility; Boost Retirement Income 29% Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=4lwgXEy5xfc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- The latest installment of our new feature, Before the Bell | "US Sanctions Against Chip Sales to China Deflate Stocks" is here: https://www.youtube.com/watch?v=VwG1fzY5p5s&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 -------- Our previous show is here: "Could "Revised" Economic Data Drive Rates Higher?" https://www.youtube.com/watch?v=nPPvClZxJ78&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- Article Mentioned in Today's Show: "Bull Trap Or A Bull Market?" https://realinvestmentadvice.com/bull-trap-or-a-bull-market/ ------- 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/ #InvestingAdvice #InterestRates #FederalReserve #EconomicGrowth #AdultChildren #StudentLoanDebt #MarketVolatility #RetirementIncome #Markets #Money #Investing

(6/28/23) The latest threat to the chip industry is a proposed Biden Administration trade sanction against Chine--restricting sales of AI-related chips from companies like NVDIA. Washington remains concerned about the impact of artificial intelligence; Chip stocks may be under pressure today as a result. As we move into the final days of the month (and the Quarter), markets yesterday got a nice, 1% bounce, as expected. The moves reversed the corrective action in the markets. Surprisingly, Volatility remains extremely low, demonstrating the correlation between volatility and Fed rate hikes and the lag rate thereof. Keep a watch on the VIX and the propensity to spike from these low levels. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=VwG1fzY5p5s&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 ------- 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/ #InvestingAdvice #China #TradeSanctions #ChipStocks #NVDIA #AI #VolatilityIndex #VIX #Inflation #FederalReserve #QuarterEndRebalancing #Money #Investing

(6/27/23) The Quarter's end nears and markets face increased selling pressure as portfolio managers rebalance holdings. There is still room for a 5- to 10% correction this summer. MACD Sell signal is now in place, with $26-B worth of potential selling on the line. There is now a bigger risk from inflation data revisions; is there too much market exuberance? Whoa--Larry Fink has a change of heart about ESG? The scam that is ESG. For real change, boycott the companies (Blackrock) that invest in "woke" businesses; literally move your money away from Blackrock. Is this a Bull Market or a Bull Trap? A word about Fibonacci magic; the importance of staying focused on investment rules; markets are bullish now so act accordingly. YouTube Q&A segments on purchasing used vs new cars; how do you want to be taxed: Property taxes vs sales taxes in Texas; Preparing for the annual "adjustments" to economic data, which we suspect will have negative ramifications, and could alter Fed stance on raising rates sooner than later. SEG-1: Selling Pressure Increases on Markets at Quarter's End Nears SEG-2: Larry Fink's ESG Change of Heart SEG-3: Bull Market or Bull Trap, and Fibonacci Magic SEG-4: YouTube Q&A - Is now a good time to buy a car? SEG-4b: Property Taxes vs Income Taxes: How do you want to be taxed? SEG-4c: Preparing for Economic Revisions to Inflation 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=nPPvClZxJ78&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s -------- The latest installment of our new feature, Before the Bell | "Revised Inflation Data: Not to Be Ignored " is here: https://www.youtube.com/watch?v=bsQjTovqnA8&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Is FOMO Back as Markets Correct?" https://www.youtube.com/watch?v=u38xjcVeKpE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2s -------- Article Mentioned in Today's Show: "Bull Trap Or A Bull Market?" https://realinvestmentadvice.com/bull-trap-or-a-bull-market/ ------- 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/ #InvestingAdvice #SecondQuarterResults #MarketCorrection #Inflation #DataRevisions #Blackrock #LarryFink #ESGinvesting #Markets #Money #Investing

(6/27/23) Markets are looking forward as the quarter's end rebalancing commences. However, revisions to economic data and a clearer picture of inflation should not be discounted. As the year-over-year comparisons begin to narrow, there is the possibility for an uptick in inflation, which would be a catalyst for the Fed to raise rates once again...something markets have not been pricing-in. The real risk to markets is a re-acceleration of inflation, leading the Fed to hike again. The recent run-up in Tech stocks has been driven on the thesis of lower inflation and lower rates, and higher rates of growth over time. A more aggressive Fed will be a problem. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=bsQjTovqnA8&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- 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/ #InvestingAdvice #Inflation #FederalReserve #MarketExuberance #QuarterEndRebalancing #Money #Investing

(6/26/23) Weekend recap: The coup that was over before it started; everyone is now a deep-sea exploration expert. Thanks, Internet. End of Quarter dynamics are toying with markets: What will be seen in Q-2 results? Portfolio rebalancing by fund managers create sector rotation & selling pressure. Markets will re-test 20-DMA. Buy signals drive markets; when sell signals are triggered two things may happen: a.) market consolidation sideways, or b.) correction back to support. July & August produce weaker price performance. An application of Pascal's argument on God's existence to stock ownership risks over time. 90% of fund managers underperform the index. Markets are still betting on a "New Bull Market." Last October's lows appear to have been validated. Markets are still dealing with AI "bubbleliciousness." Why prices move: The market is just one big auction. Why Technicals matter more than Fundamentals: Technicals measure sentiment; what is the market saying? Prices are falling as markets correct; FOMO is back. The impact of higher interest rates on smaller companies. Learning to live with higher rates; Bonds vs Stocks. The average maturity dates of junk bonds is shrinking; the risk of default rises over time. The bond market is all about math. SEG-1: What Will Be Seen in Q-2 Results? SEG-2: Does Stock Ownership Risk Decline Over Time? SEG-3: Markets Still frothy with AI Bubbleliciousness SEG-4: The Impact of Higher Rates on Smaller Companies 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=u38xjcVeKpE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2s -------- The latest installment of our new feature, Before the Bell | "Markets Are Driven by Buyers" is here: https://www.youtube.com/watch?v=QRV-ZYprfUA&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 -------- Our previous show is here: "How You, too, Can Retire at 55" https://www.youtube.com/watch?v=bkFfgAVwzLU&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Article Mentioned in Today's Show: "Speculation In A.I. May Face Challenges" https://realinvestmentadvice.com/speculation-in-a-i-may-face-challenges/ ------- 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/ #InvestingAdvice #SecondQuarterResults #MarketCorrection #FOMO #ArtificialIntelligience #Risk #Stocks #Bonds #Markets #Money #Investing

(6/26/23) Markets have been on very strong buy signal, driving market acceleration, and extending markets far above their long term moving averages. A correction was highly likely, and on Friday, sell signals were triggered. Markets are expected to open weaker this morning, and if they close lower today, the MACD sell signal will also be triggered. Do markets have to have a big correction? No, but in the short term, expect prices to be under pressure. We expect July and August to produce weaker price performance. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=QRV-ZYprfUA&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 ------- 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/ #InvestingAdvice #MarketCorrection #MarketSellOff #200DMA #50DMA #Money #Investing

(6/23/23) HOUR ONE: Stories from Texas families; Market commentary: The Fed's Kabosh on Inflation: Muckflation; slow-grinding stagflation as liquidity is drained from the system. Why Roths are the J. G. Wentworth for the Gov't.; Tax benefits of a Roth; dodging the tax torpedo. Scarlet & Flo: Bring back 'Kiss my Grits;' the most-popular US migration destination cities; Why did Darden purchase Ruth's Chris' as affluent shoppers flock to Dollar Tree? Emerging Retirement Trends: Tiny Home Villages, early retirement by 55; nobody wants their parents' home; healthcare insurance will be a challenge; NO debt is key. HOUR-TWO: (Live Q&A from Radio listeners & YouTube audience) Money Dates: Couples becoming more engaged in money decisions. The Zuckerberg-Musk cage-match: Are we living in the Babylon Bee? Financial advisors become mentors for wealth, health, & emotions. The Mid-Year Economic Review preview; The Percentage of Americans w Financial Advisors; Successful financial planning vs emotion & instant gratification. The importance of placing bonds in a portfolio: What's driving yields? (Hint: It's not the Fed). US Bonds: We're the cleanest pig in the pen. Barbelling Bonds. Picking a Financial Advisor is like choosing a personal physician; The Millionaire Next Door & The Wealthy Barber; holistic approaches to building wealth. How Millionaires actually spend money; spend in the middle. HOUR-ONE: SEG-1: The Fed's Kabosh on Muckflation SEG-2: Don't Be a Sloth: Use a Roth SEG-3: How the Affluent Really Live SEG-4: Emerging Retirement Trends & Early Retirement @ 55 HOUR TWO (Live Q&A): SEG-5: Zuckerberg vs Musk: Are We Living in the Babylon Bee? SEG-6: Successful Financial Planning vs Emotion & Instant Gratification SEG-7: The Importance of Placing Bonds in Portfolios SEG-8: How Millionaires Actually Spend Money Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Advisor, Jonathan Penn, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=bkFfgAVwzLU&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell | "Markets Looking for Excuse to Pull Back" is here: https://www.youtube.com/watch?v=nQS7K5dLEzY&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 -------- Our previous show is here: "The Fed's Nirvana Moment" https://www.youtube.com/watch?v=ONZwVaP1aD0&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Article Mentioned in Today's Show: "Speculation In A.I. May Face Challenges" https://realinvestmentadvice.com/speculation-in-a-i-may-face-challenges/ ------- 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/ #InvestingAdvice #FederalReserve #InterestRates #EarlyRetirement #RothIRA #MillionareNextDoor #WealthyBarber #Markets #Money #Investing

(6/22/23) HOUR ONE: Investor sentiment vs Consumer sentiment: This is problematic for the Fed; a re-acceleration of Inflation? Housing is beginning to stabilize, with shallow inventory keeping prices high. What is moving Markets: Swiss & UK interest rate increases; Inflation is NOT coming down. the Fed's not done, despite falling headline inflation. YOY inflation may be at zero, but prices remain high. Core inflation remains high; when will the lag effect appear? What the Fed needs: Mild recession with high unemployment. Jerome Powell's comments; looking at Recession indicators. Why would the Fed cut rates now?? The risk of bank failures: Higher rates jeopardize bank holdings. What the Fed does affects only the short-end of the curve: Two-years max. The demand for bonds from money market funds. The Fed is trying to engineer a recession. The problem with jumping into things: Are annuities right for you? Always ask, 'what comes next?' There is a downside to annuities. HOUR-TWO: (Live Q&A from Radio listeners & YouTube audience) Market pre-open commentary; pensions are going away; Is Advanced Auto Parts a 'wide-moat' company? (No.) Bond investment strategies. investing in precious metals & mining gold. Durations in Portfolios: Owning actual bonds vs TLT Funds. S&P 500 vs Equal Weight? Will higher unemployment help increase housing supply? (Yes.) Stock/Bond allocation recommendations; Who pays for new housing projects? Home Builders. more multi-family housing projects are facing a coming blowback: Too many being build. How do insiders invest? A peek through SimpleVisor tools. Market futures commentary: Nothing new from Jerome Powell expected today. Will the Fed stop hiking rates if unemployment rises? (Yes.) Economy is 70% consumption; production has to also be reduced. Markets are not cooperating. Reduce demand by reducing work. @-yr vs 30-year Bond Yields? (There will be some math involved.) Why 20-yr yields run higher than 10-yr. Separate Dividend stocks vs ETFs? Go for the stock. Pensions vs S&P 500. HOUR-ONE: SEG-1: Investor & Consumer Sentiment Problematic for the Fed SEG-2: The Fight for Inflation SEG-3: The Fed's Nirvana Moment SEG-4: The Good & Bad Sides of Annuities HOUR TWO (Live Q&A): SEG-5: Market Commentary/Investing for Retirement SEG-6: Bond Investing Strategies, S&P 500 vs Equal Weight SEG-7: Stock/Bond Allocation Recommendations SEG-8: The Fed's Unemployment Goals; Calculating Bond Yields 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=ONZwVaP1aD0&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell | "Markets Looking for Excuse to Pull Back" is here: https://www.youtube.com/watch?v=nQS7K5dLEzY&list=PLwNgo56zE4RA3snVQyugvOF5TwZ1Xu7bm&index=1 -------- Our previous show is here: "Will Student Loan Repayments Choke the Economy?" https://youtube.com/playlist?list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe -------- Article Mentioned in Today's Show: "Speculation In A.I. May Face Challenges" https://realinvestmentadvice.com/speculation-in-a-i-may-face-challenges/ ------- 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/ #InvestingAdvice #FederalReserve #JeromePowell #RollingRecession #StudentLoanDebt #Recession #Unemployment #InterestRates #Markets #Money #Investing