About this episode
(6/22/22) Markets rallied +2% following a three-day weekend; gasoline prices took a slight slide, while mortgage rates spiked. Who sets the price you pay for gasoline? Not the major oil companies; why a gas tax "holiday" won't work; the real oil company profit margin story. The truth about home ownership, and why Millennials can't afford a house (Netflix has nothing to do with it.) Houses are not assets; financialization of everything, and where mortgage rates ought to be. Summer travel plans & Savings myths; lining up for Jerome Powell's "soft" landing; if the Fed would just stop... SEG-1: Markets' Post-holiday Rally SEG-2: Gasoline Tax Holiday Realities SEG-3: Why Millennials Can't Afford a House SEG-4: Softer Summer Travel Plans RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor, Danny Ratliff, CFP -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=Zm24yVS5eG8&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Our Latest "Three Minutes on Markets & Money: What Happens to Oil Prices After Big Spikes?" is here: https://www.youtube.com/watch?v=V8ROFhlaCmI&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show, "Is the Fed Determined to Make Another Policy Mistake" is here: https://www.youtube.com/watch?v=ycqSp0gcwS0&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1814s -------- Articles mentioned in this podcast: "Oil Price Reversions – The Inevitable Outcome Of Recessions" https://realinvestmentadvice.com/oil-price-reversions-the-inevitable-outcome-of-recessions/ -------- 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/ #GasolinePrices #ProfitMargins #HomeOwnership #Millennials #Boomers #Netflix #Jerome Powell #FederalReserve #PolicyMistakes #Inflation #JanetYellen #Recession #Markets #Money #Investing