About this episode
(6/10/22) Markets took it on the chin, and stocks that flourished during the pandemic are not being punished; CPI and Inflation all point to stagflation in the economy and a need for economic cleansing with turbulence in every asset class; Texas ranks among the top three states for elder fraud, with funeral scams, telemarketers, and pigeon drops; from the "Rise & Shine Act" to our own "Stacked Waffle Act," the creative titling of proposed retirement reform legislation belies the state of retirement preparedness. Economic devastation to come from higher and higher energy prices; the hard choices lower income earners must make. SEG-1: Pandemic Stocks Get Spanked SEG-2: Dealing with Elder Fraud SEG-3: Creative Titles for Retirement Legislation SEG-4: Inflation vs Stagflation: Economic Devastation Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP w Senior Advisor Danny Ratliff, CFP -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=Tf6Xvysz5Lg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2584s -------- Our Latest "Three Minutes on Markets & Money: Markets Stuck Ahead of CPI," is here: https://www.youtube.com/watch?v=zWpkksv101k&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show, "How the Consumer is Getting Squeezed," https://www.youtube.com/watch?v=S82YQo2N_vA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles mentioned in this podcast: "The Consumer is Getting Squeezed:" https://realinvestmentadvice.com/the-consumer-is-getting-squeezed InvestorProtection.org -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Stagflation #Inflation #CPI #Gasoline #ElderAbuse #RetirementLegislation #Markets #Money #investing