(7/18/23) Bank earnings reports continue to bolster optimism: Will bailout facilities be enough? Manufacturing Indexes turn positive after too long in negative mode; looking for an upturn in the business cycle. Higher retail sales are expected; what will be the reality? Watch for signs of pullback in discretionary spending; Market rally and rising trendlines confirm bullish bias. The Baltimore Build: Productive vs Non-productive debt; choices and consequences of public policy. The crumble of the ESG facade: ESG goals were un-measurable; pressure by Blackstone for companies to be "ESG Compliant" proven hypocritical w appointment of Saudi Aramco CEO to Blackrock board. Larry Fink admits EGS is a "political landmine." How will the expiration of the Student Loan Debt repayment moratorium affect retail sales this Christmas? We do the math. Divorce and societal choices affect population/GDP growth. 2:33 - Bank Earnings & Optimism 14:00 - The Baltimore "Build:" Productive vs Non-productive Debt 29:49 - The Crumble of the ESG Facade 43:54 - How Will Student Loan Debt Repayment Impact Christmas Retail Sales? 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, "Time to Look at Rebalancing Risk," is here: -ypOQKVs&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Why Should the Fed Lower Rates Now?" -7cIrc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: The End of an Era for Stocks, Warns the Fed https://realinvestmentadvice.com/the-end-of-an-era-for-stocks-warns-the-fed ------- 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 #ESGInvesting #Blackrock #LarryFink #SaudiAramco #CorporateEarnings #Expectations #RetailSales #EconomicIndicators #FiscalPolicy #ProductiveDebt #DivorceParty #Markets #Money #Investing |
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