The Upper Middle Class is Feeling the Squeeze (8/3/22)

(8/3/22) So we may NOT be in a Recession just yet: There could be positive economic growth in the 3rd and 4th quarters, but afterwards, look out! Robinhood's layoffs could be the prelude to more upheaval in the Jobs market. The economic squeeze on the upper-middle class; Curb-feelers, Mad Max, Cali, Utah, and the Americanization of Mexico; the significance of behavior in M-2 Money Supply. The impact of debt, and changes coming from the Secure Act 2.0; Why Fed Gov. Bullard wants 3.5% rates for a Fed "soft landing;" Equifax credit reporting gaffe; traveling on CC points, and the trouble with airlines. SEG-1: Why We May NOT Be in a Recession...yet SEG-2: What the Robinhood Layoffs May Be Heralding SEG-3: Changes Coming from Secure Act 2-0 SEG-4: Equifax Credit Scores and Traveling on CC Points 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=tNEgOoiQBeg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2728s -------- Our Latest "Three Minutes on Markets & Money: Can Markets Sustain July's Rally?" is here: https://www.youtube.com/watch?v=uJ_NeHXvnOw&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: "When We Think the Recession Will Hit" https://www.youtube.com/watch?v=BSHaA05E-Ds&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2618s -------- 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/ #Recession #Robinhood #Inflation #Deflation #FederalReserve #Layoffs #Mexico #Markets #Money #Investing