(6/9/22) Texas Heat may be approaching par with inflation and gasoline prices; markets shed 1% on comments from SEC Chair Gensler on dropping Payment-for-Order-Flows. Is Janet Yellen nuts: Where inflation really comes from. There is zero appreciation for consumers by government economists. How to make Wall St. a "fairer" place; follow the money. Consumers are running out of means to pay as inflation rages. Target, Amazon, & WalMart are economic "canary in the coal mine." Calculating Core CPI.
SEG-1: Texas Heat, Gasoline Prices, and Nowhere Markets
SEG-2: What's Up w Janet Yellen?
SEG-3: Why Payment-for-Order-Flow Isn't Going Away
SEG-4: The Consumer is Getting Squeezed
Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Senior Advisor Danny Ratliff, CFP
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Watch today's show on our YouTube channel:
https://www.youtube.com/watch?v=S82YQo2N_vA&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1
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Our Latest "Three Minutes on Markets & Money: Markets Stuck Ahead of CPI," is here:
https://www.youtube.com/watch?v=zWpkksv101k&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1
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Our previous show, "The Problem w Joe Biden's $3.5-T Tax Plan,"
https://www.youtube.com/watch?v=GcP5a4MJyls&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=1239s
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Articles mentioned in this podcast:
"The Consumer is Getting Squeezed:"
https://realinvestmentadvice.com/the-consumer-is-getting-squeezed
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