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The Upper Middle Class is Feeling the Squeeze

(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.
3:18 - Why We May NOT Be in a Recession...yet
14:42 - Curb-feelers, Mad Max, and Armored Trucks: Don't American my Mexico
22:20 - What the Robinhood Layoffs May Be Heralding
30:47 - Changes Coming from Secure Act 2-0
45:15 - 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
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#Recession #Robinhood #Inflation #Deflation #FederalReserve #Layoffs #Mexico #Markets #Money #Investing
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Lance Roberts
Finally, financial news that makes sense. Lance Roberts, the host of "StreetTalkLive", has a unique ability to bring the complex world of economics, investing and personal financial wealth building to you in simple, easy and informative ways but also makes it entertaining to listen to at the same time.
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