(6/29/22) Does LeBron James' $170M salary make him inflation proof? Why the rich are weathering the weakening economy better than the rest of us; rising wages vs the rise of robots in the workplace. Inflation hits July 4th groceries; American side-hustles; can recession be avoided? Inflation & the savings gap: $6k/yr in debt to maintain standard of living. [NOTE: Today's livestream was fraught with technical issues between Wirecast and Livestream.com. This is an edited version of the show--bonus: No Commercials! For a condensed version of Lance's customary first segment, please see the link below for today's "Three Minutes on Markets & Money.] SEG-2: Why Inflation Doesn't Hurt the Wealthy (as much) SEG-3: Hot Dogs, Inflation, & Side-hustles SEG-4: Inflation & The Savings Gap Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO -------- Our Latest "Three Minutes on Markets & Money: Will June's End Provide Lift to Markets?" is here: &list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: Pt.1: The Bullwhip Effect &list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 Pt.2: What is Needed for Stable Energy Pricing is Stable Energy Production &list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=2&t=30s -------- Articles mentioned in this podcast: "Earnings Recession Coming As Fed Hikes Rates" https://realinvestmentadvice.com/earnings-recession-coming-as-fed-hikes-rates/ -------- Other Videos mentioned in this podcast: "Sell Into This Week's Strength? Probably A Good Idea" | Lance Roberts & Adam Taggart youtube.com/watch?v=ol-9dUp-t4g&list=PLVT8LcWPeAuh0I07NdQcssCvh6_yDa9bz&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 #Recession #ConsumerSentiment #SideHustle #FoodPrices #SavingsGap #Deflation #Recession #EnergyPolicy Markets #Money #Investing |
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