The Real Investment Show Podcast – Details, episodes & analysis

In this wide-ranging and candid conversation, Lance Roberts is joined by longtime friend and veteran television reporter Tom Zizka to discuss how media, markets, and economic reality have fundamentally changed over the past two decades. The discussion begins with the evolution of modern media—from the rise of social platforms and the "small screen" revolution to the growing pressures of monetization, speed, and narrative framing. Lance and Tom explore how storytelling has shifted from context-driven reporting to image-driven headlines, and what that means for public perception, trust, and accountability. From there, the conversation moves into markets and policy. Topics include the economic implications of Trump's re-election, why falling oil prices were driven more by markets than politics, and the disconnect between calls for expanded drilling and the reality of global oil gluts. The episode also examines farm subsidies, the critical role of farming and trucking in the U.S. economy, and why inflation—while unpopular—is often necessary for economic growth. The discussion extends to immigration, contrasting legal versus undocumented impacts on the economy, the power of imagery and narrative in shaping public opinion, and the widening wealth gap that continues to distort economic expectations. Lance and Tom also touch on cultural shifts, including the growing debate over college versus skilled trades, the rise of short-form video, and the increasingly complex checklist required for modern publication and media compliance. Blending humor, real-world reporting experience, and market insight, this episode offers a grounded look at how media narratives influence economic understanding—and why reality often looks very different once the headlines fade. 0:00 - INTRO 0:19 - The Tables are Turned 2:22 - Changes in the Media - the necessary evolution 4:30 - Media Monetization and The News 8:29 - The Advent of the Small Screen - Facebook 2010 11:12 - Dead People in Houston Bayous - the Bayou Butcher? 13:40 - Lance is a Cereal Killer 14:46- The Trump Re-election - What Did it Mean? 15:17 - Bringing Down Oil Prices - Markets Did That; Ending Restrictions on Drilling vs the Glut of Oil 19:50 - Texas Beef Production & Cow Tipping 21:46 - Immigration Methodology - Pictures & Narrative on Social Media, 24:13 - Immigration Impact on Economy - Legal vs Undocumented 29:45 - The Big Beautiful Bill or Big and Ugly 31:11 - Farm Aid Package - Farm Subsidies 35:07 - The Criticality of Farming & Trucking to the Economy 36:33 - Economic Reality & The Wealth Gap 41:30 - People Expect Prices to Go Down 42:35 - Why We Want Inflation - Economic Growth 45:27 - The Cycling Story - Criterion Racing - Lucas Bourgoyne 48:22 - Social Media Videos & In-Laws 50:09 - College vs Trades 52:58 - The Ever-growing Checklist for Publication Watch the Video of this interview on our YouTube channel: https://youtube.com/live/tsurGgQO88w #MediaAndMarkets #EconomicReality #FinancialMedia #OilPrices #WealthGap

The holidays bring families together—but they also create a rare opportunity to talk about something that truly matters: legacy. Richard Rosso & Sarah Buenger explore how thoughtful, well-framed conversations about money, wishes, and values can become one of the greatest gifts you give your family. Research shows that nearly 70% of parents have never discussed inheritance with their children, often leaving confusion, conflict, or unresolved questions behind. Questions lead to stories. Stories lead to understanding. And understanding builds a legacy that lasts beyond the holidays. 0:00 - INTRO 0:20 Santa's Elves & Christmas Ornaments 2:15 - parents who don't tell children about their inheritance. 3:21 - Holiday Legacy Guide 5:41 -Thoughtful conversations: Talking about Money is the greatest gift 9:33 - Conversation starters are tough - use an independent third party to help (friends, clergy, financial advisors, etc.) 12:52 - Care in framing the questions - no dead-end questions 14:46 - Long-lost money 17:34 - Ask about the pets - who gets it? 19:35 - Ask about he "final arrangements:" What do you want? - do it for the ones you love 24:19 - What would you do if you had a month to live? 26:51 - The strategy for learning what your family wants 29:59 - The Christmas Ornament 33:17 - The Tool: www.agingwithdignity.org - Five wishes Questions lead to stories, stories lead to conversations Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w Senior Financial Advisor, Sara Buenger, CFP Produced by Brent Clanton, Executive Producer ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/8_W5XkBMmF4?feature=share ------- REGISTER for our 2026 Economic Summit, "The Future of Digital Assets, Artificial Intelligence, and Investing:" https://www.eventbrite.com/e/2026-ria-economic-summit-tickets-1765951641899?aff=oddtdtcreator ------- Get more info & commentary: https://realinvestm entadvice.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/ #LegacyPlanning #FamilyFinance #EstatePlanning #HolidayConversations #FinancialWellbeing

Today's Q&A Wednesday is driven entirely by live YouTube chat questions, covering the market topics investors are most focused on right now. Lance Roberts & Danny Ratliff address real-time concerns around market volatility, Federal Reserve policy, interest rates, inflation, portfolio risk, asset allocation, and year-end positioning—without hype or speculation. This interactive session is designed to help investors better understand what matters, what doesn't, and how markets typically behave during periods of uncertainty. Rather than making predictions, we focus on context, probabilities, and risk management—answering your questions as they come in live. If you have a market question, join the conversation in the chat. If you're watching the replay, timestamps and chapter markers are included for easy navigation. 0:00 - INTRO 0:19 - Economic Data Disappoints 5:50 - Markets Re-Test 50-DMA 11:26 - Reindeer & Dwarfs 13:54 - Volatility Commentary 21:23 - Effects of the One Big Beautiful Bill on Charitable Donations 24:37 - Buybacks vs Dividends 26:42 - Expectations for Gold and Silver in 2026 33:25 - Economic Summit Tease 34:41 - TLT Shorts & Speculative Bets 37:37 - Best Portfolio Allocations for 2026 39:35 - What Investments Should NOT Be Held in a Roth IRA? 41:54 - RSI vs Value, MACD, & Volume Trading? 45:38 - Retiring at 63? 48:07 - Dealing with Future Risk 51:50 - Sectors and Stocks for 2026 56:07 - 403b's vs 457's 57:58 - Energy Plays for 2026 Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Watch Today's Full Video on our YouTube Channel: https://www.youtube.com/watch?v=yJV-vnHx4Eg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 ------- The latest installment of our new feature, Before the Bell, "Markets Consolidate After 50-DMA Test," is here: https://www.youtube.com/watch?v=X4PjkAGK804&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- REGISTER for our 2026 Economic Summit, "The Future of Digital Assets, Artificial Intelligence, and Investing:" https://www.eventbrite.com/e/2026-ria-economic-summit-tickets-1765951641899?aff=oddtdtcreator ------- Watch our previous show, "Year-End Checklist for Young Investors," here: https://www.youtube.com/watch?v=3Wyudzh3naw&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Get more info & commentary: https://realinvestm entadvice.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/ #MarketOutlook #StockMarketToday #TechnicalAnalysis #YearEndMarkets #RiskManagement #MarketQandA #InvestorQuestions #MarketVolatility #FedPolicy #RiskManagement

After a three-day selloff, is the market still on track for 7,000? Last week's decline tested the 20-DMA momentum line — a level that has held strong since April. Futures are pointing higher this morning, suggesting the bullish trend remains intact. But with the S&P 500 still 10% above its 200-DMA, the risk of a deeper correction can't be ignored. In today's pre-market update, we'll cover: Why the 20-DMA is a key support level How far markets could fall if the 200-DMA is tested What analysts mean by a 7,000 target for the S&P 500 December's mutual fund distributions and their impact on markets Why the bullish trendline from October 2022 is still in play Despite near-term risks, the bigger trend remains constructive. The key is managing portfolio risk carefully as we move toward year-end. 📊 Stay tuned for data-driven insights to help you position your portfolio with confidence. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Watch the Video version of this report on our YouTube channel: https://www.youtube.com/watch?v=N9QpnNyekoE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- 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/ #SP500 #StockMarketUpdate #PreMarket #MarketCorrection #Investing #InvestingAdvice #Money #Investing

(7/21/23) Are you happy with the markets? You can't fight the tape; the slowdown of the consumer has yet to occur; transcripts of earnings calls have not been dire. How to deal with IRS Rules changes for IRA's. If the government is taking your money like this now, what will they do next? Why they're pushing Roth's: they want your money now. Inherited IRA's vs Roth's: Roth conversions as legacy strategy. (Why all the delay and confusion with RMD Rules?) The impact of caregiving on retirement plans. SEG-1: Happy with the Markets? SEG-2: Rule Changes for IRA's SEG-3: Inherited IRA's vs Roth's SEG-4: Impact of Caregiving on Retirement Hosted by RIA Advisors Director of Financial Planning, Richard Rosso, CFP, w 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=fk47pi935lM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell, "Does Market Retracement Spell Return to All-time Highs? " is here: https://www.youtube.com/watch?v=NN8k5kM7TcE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "Living With the Lag Effect" https://www.youtube.com/watch?v=8w_xn1j5y1I&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: The End of an Era for Stocks, Warns the Fed https://realinvestmentadvice.com/the-end-of-an-era-for-stocks-warns-the-fed ------- 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 #EarningsSeason #Inflation #EconomicIndicators #Retirement #Caregiving #Roth #IRA #Markets #Money #Investing

(7/20/23) Earnings season continues with Regional Banks' performance, "so far, so good," but related concerns persist. Markets have retraced over 78% of their decline from January 2022 all-time highs; are new, all-time highs about to he achieved? Are banks presently enjoying a perfect economic environment? Are companies pricing-in growth that cannot be delivered? Sector rotation impact; looking at the lag-effect; how to higher interest rates affect the US Treasury? Debt interest expense increases. (Teenager Blessings) Companies' ability to pass along price increases to consumers is easier when inflation is high; how will margins be affected? The Lag Effect affects us all, but differently. SEG-1: Regional Banks Earnings Update: So far, so good SEG-2: Markets Can't Stop/Won't Stop Mentality SEG-3: Looking for the Lag Effect SEG-4: Companies' Ability to Pass-on Inflation to Consumers Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w Portfolio Manager Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer -------- Watch today's show, on our YouTube channel: https://www.youtube.com/watch?v=8w_xn1j5y1I&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell, "Does Market Retracement Spell Return to All-time Highs? " is here: https://www.youtube.com/watch?v=NN8k5kM7TcE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "The Conundrum of Early Retirement" https://www.youtube.com/watch?v=SxcTJJ5TVoc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: The End of an Era for Stocks, Warns the Fed https://realinvestmentadvice.com/the-end-of-an-era-for-stocks-warns-the-fed ------- 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 #EarningsSeason #LagEffect #Recession #Inflation #EconomicIndicators #RegionalBanks #Markets #Money #Investing

(7/20/23) Concerns of a bear market retracement are predicated on a credit-related issue, like, for example, the banking sector crisis. But Markets have now retraced over 78% of the decline from peak of January 2022. Historically, when markets make certain retracements through various levels of resistance (at which they can typically fail), and clear those levels, markets typically move higher. Beyond the 78% mark, there's no historic precedent for markets not hitting all-time highs. Notwithstanding, that does not mean a correction won't happen somewhere along the way. If markets do achieve another all-time high, possibly before the end of the year, or in early 2024, that will validate the correction that occurred in the 2022. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=NN8k5kM7TcE&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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 #BullMarket #MarketCorrection #AllTimeHigh #RebalancingRisk #Money #Investing

(7/19/23) Investors' return to exuberance: Is the worst behind us? More to come in August and September. Markets are still hoping for a rate cut; is that realistic? Markets may be getting ahead of themselves as earnings season continues; at 3-standard deviations above the averages, upside potential is limited. Regional Banks have priced-in bad news; why the democratization of finance is not necessarily a good thing. Who really benefits? In peer-to-peer lending, if it's too good to be true, it probably is . The conundrum of early retirement: Three things you should know. Janet Yellen now says, 'No recession;' better buckle up. Economic data vs Market sentiment. SEG-1: Investors' Return to Exuberance SEG-2: Earnings Preview; The Democratization of Finance SEG-3: The Conundrum of Early Retirement SEG-4: Janet Yellen: No Recession? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, w 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=SxcTJJ5TVoc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell, "Is Market Upside Limited?" is here: https://www.youtube.com/watch?v=_pc1n-0egAQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Investing Around Political Landmines" https://www.youtube.com/watch?v=HF3tiP2Am8I&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: The End of an Era for Stocks, Warns the Fed https://realinvestmentadvice.com/the-end-of-an-era-for-stocks-warns-the-fed ------- 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 #EarlyRetirement #MarketExuberance #EarningsSeason #FinanceDemocratization #JanetYellen #Recession #EconomicIndicators #FiscalPolicy #Markets #Money #Investing

(7/19/23) Markets are excited as earnings season progresses with results beating (lowered) estimates; pay attention to what companies are saying about their earnings: Are they making more money...or less? Markets seem to be getting ahead of themselves; the small cap index has been lagging all year. The mega-caps have been driving the rest of the herd to rally, and that rally appears now to be broadening to include the smaller cap companies now. But markets are now three standard deviations above their moving averages, and at these extremes, upside becomes more limited. Don't be surprised to see markets actually relax a bit for a day or two for a correction back to the moving averages. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton -------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Watch the video version of this report by subscribing to our new "Before the Bell" YouTube channel: https://www.youtube.com/watch?v=_pc1n-0egAQ&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Register here for our next live webinar: https://us06web.zoom.us/webinar/register/3416835709522/WN_ItmsNXpsRs2uKE6xOrJtdg ------- 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 #BullMarket #LimitedUpside #20DMA #50DMA #100DMA #200DMA #MarketCorrection #RebalancingRisk #Money #Investing

(7/18/23) Bank earnings reports continue to bolster optimism: Will bailout facilities be enough? Manufacturing Indexes turn positive after too long in negative mode; looking for an upturn in the business cycle. Higher retail sales are expected; what will be the reality? Watch for signs of pullback in discretionary spending; Market rally and rising trendlines confirm bullish bias. The Baltimore Build: Productive vs Non-productive debt; choices and consequences of public policy. The crumble of the ESG facade: ESG goals were un-measurable; pressure by Blackstone for companies to be "ESG Compliant" proven hypocritical w appointment of Saudi Aramco CEO to Blackrock board. Larry Fink admits EGS is a "political landmine." How will the expiration of the Student Loan Debt repayment moratorium affect retail sales this Christmas? We do the math. Divorce and societal choices affect population/GDP growth. SEG-1: Bank Earnings & Optimism SEG-2: The Baltimore "Build:" Productive vs Non-productive Debt SEG-3: The Crumble of the ESG Facade SEG-4: How Will Student Loan Debt Repayment Impact Christmas Retail Sales? Hosted by RIA Advisors Chief Investment Strategist Lance Roberts, CIO, Produced by Brent Clanton, Executive Producer -------- Watch today's show, "Investing Around Political Landmines" on our YouTube channel: https://www.youtube.com/watch?v=HF3tiP2Am8I&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=5s -------- The latest installment of our new feature, Before the Bell, "Time to Look at Rebalancing Risk," is here: https://www.youtube.com/watch?v=JJI-ypOQKVs&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 -------- Our previous show is here: "Why Should the Fed Lower Rates Now?" https://www.youtube.com/watch?v=lq5Cn-7cIrc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Register for our next web event: https://us06web.zoom.us/webinar/register/6816835709464/WN_ItmsNXpsRs2uKE6xOrJtdg ------- Articles mentioned in today's show: The End of an Era for Stocks, Warns the Fed https://realinvestmentadvice.com/the-end-of-an-era-for-stocks-warns-the-fed ------- 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 #ESGInvesting #Blackrock #LarryFink #SaudiAramco #CorporateEarnings #Expectations #RetailSales #EconomicIndicators #FiscalPolicy #ProductiveDebt #DivorceParty #Markets #Money #Investing