(6/16/22) The Fed boosts rates by 75-bp; Joe Biden takes on Big Oil, and Big Oil responds; Retail Sales are measured in dollars, not in volume (what happens when you're paying more for less); Markets as predictor of where economy is heading. The Fed's rate hikes are politically motivated; why the "Headline Number" is so called; Jerome Powell is lying about the economy; Regional Fed's and U. Mich Sentiment are closer to reality. Joe Biden isn't totally to blame for high energy prices...but he's not helping, either. Ten Things to lower oil prices. 1:57 - Biden vs Big Oil: Measuring Retail Sales in Dollars, Not Volume 13:00 - The Yellowstone Quandry 14:23 - The Fed's Rate Hikes are Politicized 29:07 - Breaking News is Broken 30:00 - It's Not All Biden's fault, but He's Not Helping 43:12 - Blame ESG's for High Gasoline Prices Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA -------- Watch today's show on our YouTube channel: -------- Our Latest "Three Minutes on Markets & Money: Fed Hikes Rates 75bp - What now? " is here: https://www.youtube.com/watch?v=_b5_MCVSOag&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show, "Should You Move to Mexico to Escape Inflation?" is here: -ifsc52ig&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: 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 #FederalReserve #RateHike #GasolinePrices #JoeBiden #RetailSales #Markets #Money #investing |
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