Weekly Market Recap: Market Overbought In Short Term, Though Bullish Uptrend Still In Play
Wealthion - Be Financially Resilient
The Budget in the United States
The budget in the United States government is broken down into two parts. You have mandatory spending and discretionary spending, he says. The more interest rates go up, the more it eats into those tax dollars, Paul Ryan argues.
Portfolio manager Lance Roberts & Wealthion founder Adam Taggart recap the major developments of the week, including:
- implications of the debt ceiling agreement
- overbought short-term status of the markets
- latest (and confusing!) jobs/payrolls data
- update on bonds and TLT ETF
- the trades Lance's firm made this week
*************************************************
At Wealthion, we show you how to protect and build your wealth by learning from the world’s top experts on finance and money. Each week we add new videos that provide you with access to the foremost specialists in investing, economics, the stock market, real estate and personal finance.
We offer exceptional interviews and explainer videos that dive deep into the trends driving today's markets, the economy, and your own net worth. We give you strategies for financial security, practical answers to questions like “how to grow my investments?”, and effective solutions for wealth building tailored to 'regular' investors just like you.
There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.
Put the wisdom from the money & markets experts we feature on Wealthion into action by scheduling a free consultation with Wealthion’s endorsed financial advisors, who will work with you to determine the right next steps for you to take in building your wealth.
SCHEDULE YOUR FREE WEALTH CONSULTATION with Wealthion's endorsed financial advisors here: https://www.wealthion.com/
Subscribe to our YouTube channel: https://www.youtube.com/channel/UCKMeK-HGHfUFFArZ91rzv5A?sub_confirmation=1
Follow Adam on Twitter: https://twitter.com/menlobear
Follow us on Facebook: https://www.facebook.com/Wealthion-109680281218040
#arestocksworthit #isthedebtceilingconstitutional #jobsreport
*************************************************
IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
Learn more about your ad choices. Visit megaphone.fm/adchoices
The AI-powered Podcast Player
