(8/29/22) The summer drought is revealing strange discoveries; there's no Powell pivot in sight, post-Jackson Hole; the fallacy of college debt forgiveness; Pew charts disappointment by political parties and the effect on markets; Powell's restoration of price stability, rebalancing supply & demand; curbing inflation will likely result in curbing economic growth, pain for households & businesses; more importantly 9and was ignored) was what the ECU said at Jackson Hole; the impact of impending Italian election; no one is paying attention to European energy shortages; bitcoin miners in Texas requesting more power; paying the consequences of flawed economic theories (MMT, Green New Deal); a few diversions: Emotional support gator, sports memorabilia sales, hidden treasures, Aussie spiders, snakes, & Google searches; Market pre-lude & commentary; why Russian sanctions aren't working; impact of nat gas prices in Europe.
SEG-1: Drought Discoveries & No Pivot From the Fed
SEG-2: Rebalancing Supply & Demand
SEG-3: Filling the Holes at Jackson WY
SEG-4: Diversions & Discussion: Markets, EU Energy, & Russian Sanctions
RIA Advisors Chief Investment Strategist Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
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Watch today's show on our YouTube channel:
https://www.youtube.com/watch?v=M9qwKU7HyTU&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1s
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Our Latest "Three Minutes on Markets & Money: Dow Dumps in Response to Powell" is here:
https://www.youtube.com/watch?v=5ToPv98MdGc&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1&t=2s
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Our previous show is here:
"Will Jerome Powell Disappoint?"
https://www.youtube.com/watch?v=ow_8wNY6aYw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2675s
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Articles mentioned in this podcast:
"Market Sell-Off As Jackson Hole Leans Hawkish"
https://realinvestmentadvice.com/market-sell-off-as-jackson-hole-leans-hawkish/
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