About this episode
(8/30/22) Markets are on sell-signals, so use any rally to sell-into and raise cash, rebalance portfolio risk; the impact on credit spreads by rising interest rates will reverberate through the economy. We are likely not through the corrective period. 60% of Americans living paycheck to paycheck--down from 61%! Is the pain worth the fight on inflation? why investing doesn't work as advertised. America exports inflation and imports deflation; what happens when the EU does the same? Top Things Workers Want from Their Jobs; arranging for permanent time off. SIUB: Suck It Up Buttercup and get back to work being productive; Why Bitcoin and NFT trading has crashed. Bitcoin is the "Pet Rock" of the 2020's; Pet Rocks were the NFT's of the '70's. Meghan Markle got the royal shaft; Markets need a reflexive rally; still trying to price-in what the Fed will do. The feedback loop of economic pain = slower economic growth = lower corporate earnings = more job losses & pain. Why the economic recession will be worse than we're being told. SEG-1: Credit Spreads & Interest Rates SEG-2: Is the Pain Worth the Fight on Inflation? SEG-3: SIUB - Return to Work; NFT's the Pet Rocks of 2020 SEG-4: Meghan Markle's Royal Shaft; Why the Economic Recession Will Be Worse Than Expected RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=l8g-w2x8uyA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2566s -------- Our Latest "Three Minutes on Markets & Money: Will a Hold at the 50-DMA Level Continue? " is here: https://www.youtube.com/watch?v=2giYJuL4n_k&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: "Filling the Holes in Jackson, WY" https://www.youtube.com/watch?v=M9qwKU7HyTU&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s -------- Articles mentioned in this podcast: "Market Sell-Off As Jackson Hole Leans Hawkish" https://realinvestmentadvice.com/market-sell-off-as-jackson-hole-leans-hawkish/ ------- 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/ #InvestmentAdvice #InterestRates #BitCoin #Inflation #ReturnToWork #EmployeeBenefits #PetRock #NFT #MeghanMarkle #Markets #Money #Investing