The Real Investment Show Podcast

Seg1: When Antifa gets pounded in the 'burbs; Seg-2: Michael Lebowitz on the Moral Hazard of the Federal Reserve; Seg-3: Yelp Survey: 7% of restaurants reopened; how long will it take? QE actually harms economy; Seg4: The Connection Between Debt & Lack of Economic Growth; ______________ RIA Advisors: Lance Roberts, CIO w Portfolio Manager, Michael Lebowitz, CFA Get More Info & Commentary: https://www.realinvestmentadvice.com Articles Mentioned Today: https://realinvestmentadvice.com/why-the-recovery-will-fall-short-of-forecasts/ https://realinvestmentadvice.com/riots-across-america-are-about-more-than-george-floyd/

The Atlanta Fed has said Q2 GDP numbers will be in the range of -50%. RIA Advisors Chief Investment Strategist, Lance Roberts, running the math behind the claim, sets the context, and shows how the Fed gets to that number...and why it's bad.

Good News: COVID's off the Headlines, thanks to Civil Unrest; Market Commentary: Weak bounces off marginal, skewed Gov't. Economic Data; Why You Don't Steal a Rolex; Folex & Weddings; Candid Coffee Tease; Article Tease: How the Market recovers, post-COVID; Erosion of economic posterity b/c debt and demographics; COVID binge-watching favs: Friends, The Office; WSJ: Bond purchases lagging expectations: If Bond Money is smart money, what is it saying? Beware complex securities; Why You Don't Want the Military in the Streets;

The Media Mantra has been, 'Recessions are Bad, Corrections are Bad." RIA Advisors Chief Investment Strategist, Lance Roberts, contends recessions and corrections, while painful, are a necessary part of a healthy economic cycle, which the Fed has prevented from occurring through its myriad interventions.

It's 1968 all over again; The Broken Window Fallacy; Are we looking at 50% decline in GDP? Spontaneous Riots w pre-positioned brick pallets; Riots in states w gun control; Pandemic revealed weakness in the economy; opportunity to make change, not repeat past policy mistakes; How Much Would You Pay for a Good Night's Sleep? Nothing new driving markets; not addressing real problems; Why investors think current market trend will never end; Over-bought market creates possibility of 5% correction; Media: Recession, correction is bad; Fed has prevented healthy market corrections.

The anger and frustration being shown following the brutal murder of George Floyd are the tip of the iceberg. RIA Advisors Chief Investment Strategist Lance Roberts draws out the root of our discontent...and it started long before George Floyd's fatal encounter in Minneapolis.

Summertime on Wall Street; COVID-case counts; wrestling with this longer than first expected; slower economic recovery; Atlanta Fed: 51% GDP Decline in Q2; Riots are About More than George Floyd; the rising divergence between the Have's and the Have-not's; every thing, every issue has a Group; we are a country divided; How the Media is missing the Bigger Point in George Floyd's death & Repercussions; Social Media, Censorship, and Freedoms of Speech: The Responsibility of Social Media; What we give up for convenience today may haunt us in a socialist future;

As we continue to assess the economic damage inflicted by the COVID-19 pandemic, adjusting household budgets to the reality of our situation will be key to financial survival. RIA Advisors Director of Financial Planning, Richard Rosso, CFP w Certified Financial Planner, Danny Ratliff, CFP, expound on household ratios, and what downsizing could look like for you.

Market Commentary; Economic effects of Pandemic; 42% of Layoffs will be permanent job losses; wages no longer "sticky;" CARES Act is here to stay; Math Can Save Your Household: Ratio's & Radical Downsizing; resetting expenses; assume you're not going to get a raise; What if Unemployment hits 6% w 4% inflation? Why not allow business cycle to operate? Congress using pandemic to benefit constituents; Rules for Fiscal Health;

It's just scandalous that professional athletes and team owners must accept 50% pay cuts, dropping their income from $300-million to only $150-million. That's rough. RIA Advisors Chief Investment Strategist, Lance Roberts, w Portfolio Manager, Michael Lebowitz, discuss life in America in a post-COVID economy--which will make the 4% GDP drop in 2008 look like a cake walk.