(5/16/22) Markets' performance last week would tend to set-up for an opportunity to rally--but will it stick? Analysts' earnings estimates are still way too high; comparing nuclear explosions, road trip cuisine vs gas station food; what we don't want to see today. Markets are doing their best to frustrate investors; use the coming rally to correct mistakes. The saga of Chicken Salad Chick; Why Joe Biden's Deficit Reduction plan will fail; fun with Math, California doubles down on inflationary policies; why we have inflation. Why the pandemic Bike boom is going bust; The Bitcoin price collapse: reconsider your thesis. Will advisors embrace cryptocurrency as an investment asset?
SEG-1: Why the Market is Like Kim Kardashian's Butt
SEG-2: Nuclear Explosions, Gas Station Food, & What We Don't Want to See Today
SEG-3: Joe Biden's Deficit Reduction Plan
SEG-4: Bike Boom Goes Bust; The Cryptocurrency Crusades
Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO
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Watch today's show on our YouTube channel:
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Our Latest "Three Minutes on Markets & Money: What do Kim Kardashian & The Market Have in Common?" is here:
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Our previous show, "Inflation: The Hotter the Better?," is here:
https://www.youtube.com/watch?v=efklhOarIxg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1
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