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How to Lose a Billion Dollars in Crypto (11/9/22)

How to Lose a Billion Dollars in Crypto (11/9/22)

FromThe Real Investment Show Podcast


How to Lose a Billion Dollars in Crypto (11/9/22)

FromThe Real Investment Show Podcast

ratings:
Length:
48 minutes
Released:
Nov 9, 2022
Format:
Podcast episode

Description

(11/9/22) The election is past; time to move on: Why Markets can now be optimistic. Stocks tend to perform well in the 12-months following a midterm election. With stock buybacks, Thanksgiving, and end of year maneuvering, markets will see uptick in activity., but it's going to be sloppy. Disney streaming disappoints: Too much competition, not enough good content. The Crypto-crash of FTX; Sam Bankman-Fried fries his fortune, losing 94% of net worth. The problem with crypto currency is extreme volatility. 17% of Americans say they're spending less for the holidays. Having brisket for Thanksgiving. What happened to the economy in August-September? This Recession vs 2012: Tech is down, industrials & manufacturing keeping the economy afloat, but cracks in that foundation are appearing. Impact of Fed rate hikes are still to come; look at staples vs discretionary. Markets Futures & Election Outcomes: essentially gridlock in Congress. No new spending, but the government will continue with Continuing Resolutions, heaping debt upon debt. Why government spending "that pays for itself" never does; why the CBO is wrong. SEG-1: Why markets Can Be Optimistic SEG-2: How to Lose a Billion Dollars SEG-3: More are Spending Less for the Holidays SEG-4: Why the CBO is Never Right Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: youtube.com/watch?v=JtOCMd2ywu4&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2657s -------- Our Latest "Three Minutes on Markets & Money: "Will We Get Gridlock? " is here: https://www.youtube.com/watch?v=0GEhFE6-ExY&list=PLVT8LcWPeAujOhIFDH3jRhuLDpscQaq16&index=1 -------- Our previous show is here: "Election Day & Powerball Delay" https://www.youtube.com/watch?v=iC-4A-5PNiE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2985s -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #MidTermElections #Cryptocurrency #CongressionalGridlock #StockBuyBacks #HolidaySpending #Markets #Money #Investing
Released:
Nov 9, 2022
Format:
Podcast episode

Titles in the series (100)

It's a show about life, markets, sweat-equity, and the pursuit of wealth in a capitalist market.