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Why There is No Middle Class in Italy

(7/18/22) Lance returns from Vacation: No Market crash while he was away! Why Markets are ripe for a Rally; Investors' FOMO is aimed at a Market Bottom. Earnings Season continues apace: Q1 Estimates becoming Q2 Results: Watch changes in valuation from start of Quarter to the end of Quarter; What Yield Curves are saying about the economy, and why investors don't want to commit long-term; Jobs Report: The only increase was in people with multiple jobs: More income needed to keep up with inflation. The Roberts Family Vacation recap: Pompeii and inflation in the Eurozone; why Capitalism remains superior to Socialism. There is no middle class in Italy.
1:51 - Markets' Opportunity for a Significant Rally
13:02 - Q1 Warnings Become Q2 Results
29:08 - Why No One Wants to Invest Long-term
43:03 - Economic Structure & Inflation in the Eurozone: Capitalism vs Socialism

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#MiddleClass #MarketRally #EarningsSeason #YieldCurve #ForwardGuidance #Capitalism #Socialism #Vacation #Pompeii #Italy #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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