(11/8/22) It's Mid-term Election Day, and all working American's must return to their jobs, as no one has won the Powerball Lottery. Yet. An overnight delay of the results has further stalled the outcome. Midterm election outcomes will determine the direction markets make into the end of the year. Mattress Mac MacInvale's Big Bet and Caesar's takes a hit; figuring the odds. Why "investing" in the market really is a gamble; betting on Brent vs Usain Bolt. NFIB Confidence Survey & looking at the economy through the lense of small businesses; why organic inflation is healthy; what happened in economy August-September 2022? Impact of Fed rate hikes this year are still to come in 2023. What are we voting for? Sending representatives without any real direction; economics are detached from politics. There really is no Middle Class any longer; every economy will always have the poor...and the rich. What happens when Brent wins the lottery.
SEG-1: Election Day & Powerball Delay
SEG-2: Mattress Mac's Big Bet vs Investing on Wall Street
SEG-3: Looking at the Economy Through the Lense of Small Businesses
SEG-4: Kitchen Table Economics and What We're Really Voting For
Hosted by 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=iC-4A-5PNiE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2680s
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Our Latest "Three Minutes on Markets & Money: "Markets Focus on Midterm Outcomes" is here:
https://www.youtube.com/watch?v=76R4LVpVx7U&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1&t=8s
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Our previous show is here:
"It's Midterm Election Eve"
https://www.youtube.com/watch?v=3hKlmelhn40&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2677s
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Articles mentioned in this podcast:
"There Really Is No Middle Class Any Longer"
https://realinvestmentadvice.com/there-really-is-no-middle-class-any-longer/
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https://realinvestmentadvice.com/newsletter/
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Contact Us: 1-855-RIA-PLAN
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