(8/30/23) There will be some short-term economic benefit from the landfall of Hurricane Idalia in Florida--a momentary boost from damage repairs spending. Economic data has been coming in better-than-expected (because estimates had been lowered); bad news is good news again, in hopes the Fed will lower rates. Markets on Tuesday cleared resistance at the 20- and 50-DMA's; mid- and small-company bankruptcies are on the rise as lag effect of higher interest rates sets in. A recent survey reveals 25% of young respondents' life goals are to be a "social media influencer." What would you do with a financial windfall? Economic report preview; there's been no gain in the market ex- the 7 stocks driving activity. Bankruptcies are on the rise in smaller companies; there are 10 prescription drugs up for price negotiation with Medicare. Look for hidden details in the Inflation Reduction Act (like a disable switch for EV's!) Old Cars, Old Guys, and Retirement. 8 things you need to know about Estate Planning, including how to divvy-up the assets, two kinds of accounts, life insurance, and long term care. SEG-1: The Short-term Economic Impact of Hurricane Idalia SEG-2: What Do You Want to Be When You Grow Up? SEG-3: Economic Report Preview: Old Cars, Old Guys, & Retirement SEG-4: 8 Things You Need to Know About Estate Planning Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, Senior Financial Advisor Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel:   https://www.youtube.com/watch?v=f1UKs7gc6TE&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=18s -------- The latest installment of our new feature, Before the Bell, "Markets are Hopeful as Data Declines" is here:  https://www.youtube.com/watch?v=Z1ozy4sE7LA&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "The "Do Whatever it Takes" Economy" https://www.youtube.com/watch?v=FvIarQfZHOI&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Articles mentioned in this report: "10 Best Days – A Meme For Every Bull Market" https://realinvestmentadvice.com/10-best-days-a-meme-for-every-bull-market/ "Deficit Surge Will Lead To Lower Rates, Not Higher" https://realinvestmentadvice.com/deficit-surge-will-lead-to-lower-rates-not-higher/ ------- Get more info & commentary:  https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- 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 #HurricaneIdalia #EconomicImpact #MarketRally #InterestRates #Inflation #EstatePlanning #Markets #Money #Investing