About this episode
The Supreme Court strikes down the Chevron Deference that allowed government agencies to dictate policy, bypassing Congress. This may be the biggest decision since their relegation of abortion policy back to the states in striking down Roe v Wade. Meanwhile, markets end the 2nd quarter somewhat sloppily, but still positive for the year, possibly portending a positive finish for the year. This does not, however, exclude the possibility of correction this summer, and August, September, & October in an election year are typically weak. Lance retells his weekend rent house experience as an underscore endorsing renting over homeownership for most folks. Shocking. A look at the dichotomy of confidence: Expectations for market gains this year do now square with our feelings about the economy (and where do earnings come from?) The tale of the Roberts' celebrity dogs; why the NAR pushed for adjustable rate mortgages...and why they're a horrible idea for nearly everyone. SEG-1: SCOTUS Chevron Deference - Markets Prep for 2nd Half SEG-2A: The Shocking Saga of the Roberts' Rent House SEG-2B: Why this is not a market to be keeping up with SEG-3: The Confidence Dichotomy SEG-4A: Checking-in the Roberts' Dogs at a Hotel SEG-4B: Homeownership & Adjustable Mortgages: A Bad Idea Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch today's show video here: https://www.youtube.com/watch?v=QF2-xOKv68c&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2s ------- Articles mentioned in this report: "The Confidence Dichotomy" https://realinvestmentadvice.com/newsletter/ ------- The latest installment of our new feature, Before the Bell, "Markets Prepare for Second Half" is here: https://www.youtube.com/watch?v=ks5GW3xJgtg&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=2 ------- Our previous show is here: "Ten Steps, Ten Years to Retirement" https://www.youtube.com/watch?v=fullI_3AecY&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=3s ------- 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/ #SCOTUS #ChevronDeference #RoeVwade #2ndQuarter #MarketCorrection #ElectionYear #InvestorConfidence #ConsumerConfidence #EarningsEstimates #RentalProperty #NationialAssociationRealtors #AdjustableRateMortgages #HomeOwnership #Markets #Money #Investing