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Who Sets the Price You Pay for Gasoline?

(6/22/22) Markets rallied +2% following a three-day weekend; gasoline prices took a slight slide, while mortgage rates spiked. Who sets the price you pay for gasoline? Not the major oil companies; why a gas tax "holiday" won't work; the real oil company profit margin story. The truth about home ownership, and why Millennials can't afford a house (Netflix has nothing to do with it.) Houses are not assets; financialization of everything, and where mortgage rates ought to be. Summer travel plans & Savings myths; lining up for Jerome Powell's "soft" landing; if the Fed would just stop...
1:51 - Markets' Post-holiday Rally
13:29 - Gasoline Tax Holiday Realities
29:05 - Why Millennials Can't Afford a House
43:04 - Softer Summer Travel Plans

RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor, Danny Ratliff, CFP
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Our Latest "Three Minutes on Markets & Money: What Happens to Oil Prices After Big Spikes?" is here:
&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1
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Our previous show, "Is the Fed Determined to Make Another Policy Mistake" is here:
&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1814s
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Articles mentioned in this podcast:
"Oil Price Reversions – The Inevitable Outcome Of Recessions"
https://realinvestmentadvice.com/oil-price-reversions-the-inevitable-outcome-of-recessions/
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SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow
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Visit our Site: www.realinvestmentadvice.com
Contact Us: 1-855-RIA-PLAN
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#GasolinePrices #ProfitMargins #HomeOwnership #Millennials #Boomers #Netflix #Jerome Powell #FederalReserve #PolicyMistakes #Inflation #JanetYellen #Recession #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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