About this episode
(6/16/22) The Fed boosts rates by 75-bp; Joe Biden takes on Big Oil, and Big Oil responds; Retail Sales are measured in dollars, not in volume (what happens when you're paying more for less); Markets as predictor of where economy is heading. The Fed's rate hikes are politically motivated; why the "Headline Number" is so called; Jerome Powell is lying about the economy; Regional Fed's and U. Mich Sentiment are closer to reality. Joe Biden isn't totally to blame for high energy prices...but he's not helping, either. Ten Things to lower oil prices. SEG-1: Biden vs Big Oil: Measuring Retail Sales in Dollars, Not Volume SEG-2: The Fed's Rate Hikes are Politicized SEG-3: It's Not All Biden's fault, but He's Not Helping SEG-4: Blame ESG's for High Gasoline Prices Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=49-4SCSOUIE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s -------- Our Latest "Three Minutes on Markets & Money: Fed Hikes Rates 75bp - What now? " is here: https://www.youtube.com/watch?v=_b5_MCVSOag&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show, "Should You Move to Mexico to Escape Inflation?" is here: https://www.youtube.com/watch?v=Xu-ifsc52ig&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=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: 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/ #Inflation #FederalReserve #RateHike #GasolinePrices #JoeBiden #RetailSales #Markets #Money #investing