About this episode
(6/14/23) Inside the CPI Report: What will the Fed do & say? The only reason to cut rates would be because the economy's gone sour; Higher Rates are here to stay; higher for longer could trip up markets. Why does Congress need fancy, expensive uniforms for one game of softball a year (and who's paying for all that)? Using debt and leverage to build wealth. How much does it take to BE wealthy vs FEEL wealthy? Why it's a mistake to shield kids from adversity (how else will they learn how to deal)? Summer School Procrastination at the Roberts' house. The importance of financial literacy, to be taught first in the home. Venmo hate notes with car note payments; Luchi & Joey's Tacos; Markets' premise: The Fed will pause. Why this time IS different: Markets have already declined through rate hike cycle. Are we in Recession? The beginning signs of sector rotation. SEG-1: Inside the CPI: What Will the Fed Do and Say? SEG-2: Congressional Softball, Tax Returns, and Feeling Wealthy SEG-3: The Importance of Non-procrastination & Financial Literacy SEG-4: Car Notes and Hate Notes and Signs of Recession 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=2vEJN810ihY&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=7s -------- The latest installment of our new feature, Before the Bell | "What Will the Fed's News Today Mean for Markets Tomorrow?" is here: https://www.youtube.com/watch?v=2z1eeh17gBM&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "The Herd is Generally Wrong at Market Tops & Bottoms" https://www.youtube.com/watch?v=dHAFefLpTgQ&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s -------- Article Mentioned in Today's Show: "Relative Rotation – Unlocking the Hidden Potential Part 1" https://realinvestmentadvice.com/relative-rotation-unlocking-the-hidden-potential-part-1 ------- 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 #BullMarket #FOMC #Inflation #FinancialLiteracy #Wealth #Markets #Money #Investing