by Lance Roberts
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| (10/2/23) Free the Pumpkins, it's October 2nd! Student Loan payments resume, and markets prepare for another earnings season. Expectations have declined, and markets are setting up for a technical rally into 2024. Market futures are flat following the aversion of government shutdown with (another) continued resolution. Why CR's are not good for the economy; mandatory spending explained (it's 2% of GDP). Mandatory Spending = 113% of revenue collected: More debt required each time. There's no good reason/excuse for operating without a budget. A history of government shutdowns & why a long government shut down might not be a bad thing. The issues of "direness" is for media's benefit. Lance's liberal cousin, Duane, comes to call: Utah, Beer, & BBQ; The Roberts' rental home; Target leaving New York City; Black Rifle Coffee Company: Duane goes to TSA "Special Line." Market Preview: 1st day of the new quarter; market volatility no surprise; end-of-year dynamics & Santa Claus rallies; is the Fed done? (Yes, but not saying so). Interest rates remain key conundrum for markets. 2:56 - Earnings Expectations Decline as Reporting Season Begins 14:19 - Crisis Averted? Mandatory Spending = 113% of Revenue 30:07 - A Visit from Lance's Liberal Cousin, Duane 44:15 - Black Rifle Coffee Co & The Special Line at TSA 46:59 - End-of-Year Dynamics & Santa Claus Rallies Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- The latest installment of our new feature, Before the Bell, "Setting up for a Year-end Rally" is here: &list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "The Flaws in Secure Act 2.0" &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: 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 #CongressionalSpending #GovernmentShutdown #EarningsSeason #LoweredExpectations #BlackRifleCoffee #Markets #Money #Investing |
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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