About this episode
(8/21/23) Back to School & The Rocky Racoon Saga comes to a close; Jackson Hole preview: Will Powell change his stance? Could the Markets correct some more? MACD Oscillation is consistent with bullish market trend. Should parents pay for kids' vacation? The difference between sense of entitlement and sense of responsibility. The 401k Millionaire Report: Up 13%. A look at the numbers (reality): 1% of 401k are $1-Million+; average balance is $112k; median balance is $65k. Market Preview: Reflexive rally = opportunity to trim risk; we're still awaiting the impact of The Lag Effect of interest rate hikes, and the bite it's going to take out of the economy. The Greater Fool Theory: the willingness of buyers to pay a higher price...until they're not. Why NVDIA is over-priced for now. SEG-1: Back to School & Jackson Hole Preview SEG-2: Should Your Parents Pay for Your Vacation? SEG-3: Why "More" 401k Millionaires is no big deal SEG-4: Waiting on the Lag Effect & The Greater Fool Theory Hosted by 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=wnhtsmE4Pqo&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell, "Finding Opportunity in Market Correction" is here: https://www.youtube.com/watch?v=WFyFGs-MIxY&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Are Mandatory Savings Ahead?" https://www.youtube.com/watch?v=0wBfWpCvQmo&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles mentioned in this report: "As Rates Rise, Why I Personally Doubled Down On Bonds" https://realinvestmentadvice.com/newsletter/ "A Recession Is Coming, Or Is It?" https://realinvestmentadvice.com/a-recession-is-coming-or-is-it/ ------- 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/ #InvestingAdvice #JacksonHole #JeromePowell #FederalReserve #InterestRates #LagEffect #401kMillionaires #Vacation #Entitlement #Responsibility #Markets #Money #Investing