About this episode
(8/18/23) Market over-exuberance is now letting off steam; high interest rates are likely here to stay for a while. WalMart results reflecting more traffic from upper-income households suffering impact of inflation. The Peak-65 retirement trend shows less than half of retirees have less than $100k in investible funds; states moving to automatic savings into Roth IRA's; the downside of state-sponsored savings plans: Who administers/custodian? Looking for deflation: Prices aren't coming down, but the rate of increase is slowing; the Fed likely has two more rate hikes in store. "Shift-up:" More unemployment claims coming from upper-income earners. How long can this last with the chipping away of fiscal responsibility? Impact on investors: frustration in diversified portfolios. Why you need a 10% pullback in markets (and what has happened to all the AI hype-narratives?) Pet Medical Care & Willingness of 78% to go into debt for pet health. The importance of setting up pet healthcare goals in financial plans. Pet care insurance (Healthy Paws) and importance of understanding stipulations & how to handle claims. I have no idea why we ended up talking about Brittney Spears' divorce at the end. That's just bizarre. SEG-1: Over-exuberant Markets Letting off Steam SEG-2: Mandatory Retirement Savings; Boon or Bust? SEG-3: The Shift-up in Higher Income Unemployment SEG-4: Pet Medical Care & Pet Debt 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=0wBfWpCvQmo&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell, "Markets Flirting with Moving Averages" is here: https://www.youtube.com/watch?v=CFhjvXPbEW4&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Are We There, Yet?" https://www.youtube.com/watch?v=GI4qz_yWo1s&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles mentioned in this report: Government Bonds Or Stocks? Which Is A Better Choice Now? https://realinvestmentadvice.com/government-bonds-or-stocks-which-is-a-better-choice-now/ "The Market Is Detached From The Real Economy" https://realinvestmentadvice.com/the-market-is-detached-from-the-real-economy/ ------- 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 #RetirementSavings #PetHealthcare #Unemployment #Peak65 #RetailSales #FedTarget #Bonds #USTreasuries #FederalReserve #InterestRates #Markets #Money #Investing