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Did the Fed just Guarantee a Recession?

(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
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Our Latest "Three Minutes on Markets & Money: Fed Hikes Rates 75bp - What now? " is here:
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Our previous show, "Should You Move to Mexico to Escape Inflation?" is here:
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#Inflation #FederalReserve #RateHike #GasolinePrices #JoeBiden #RetailSales #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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