The Real Investment Show Podcast

The AI economy looks unstoppable on the surface, but what is really happening underneath? Lance Roberts and Michael Lebowitz break down the massive surge in AI infrastructure spending, the role of hyperscaler CapEx in driving GDP growth, and whether AI is creating a stronger economy or masking deeper structural weaknesses. Here's a topical rundown of today's show: 0:00 - INTRO 0:53 - NVIDIA, AI, & Streamlining Workforce 5:41 - Market Sell Signals and Chances for Summer Correction 10:10 - Weakness in Economic Data is Transitory 14:53 - Oil Price Economic Impact - When Does it Hit? 16:36 - The AI Economy -Beyond the Hype 19:52 - How Will AI-generated Productivity Work Through Economy? 22:33 - Data Center Spending Impact on GDP Growth 26:41 - GDP per Capita per US States vs Internationals 29:40 - Every Economy Has a "K" 31:07 - What AI Can Do For You 32:33 - When Dire Predictions Don't Come True 35:52 - ...this doesn't mean we can't have a recession 37:44 - Points to Ponder from Latest NVIDIA Report 38:47 - Space-X (SPCX) IPO Preview Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manager, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Articles mentioned in this report: "The AI Economy: Looking Beyond The Facade Part 1" https://realinvestmentadvice.com/resources/blog/the-ai-economy-looking-beyond-the-facade-part-1/ "The NVDA Earnings Report: Could It Pop The Gamma Bubble?" https://realinvestmentadvice.com/resources/blog/the-nvda-earnings-report-could-it-pop-the-gamma-bubble/ ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/TeIhoqBT8dg ------- Watch today's "Before the Bell" feature, "Momentum Pause Before Summer Rally?" here: https://youtu.be/oWiPrlAYz5A ------- Watch our previous show, "Q&A Wednesday - Straight Talk About Your Money" https://youtube.com/live/ngEmjqsUFTY ------- * REGISTER for our next Dynamic Learning Series presentation, "A SimpleVisor Tutorial," Thursday, June 4, 2025 at Noon: https://streamyard.com/watch/MwairsimgmnS -------- Download Lance's Latest e-book, "Laws of Money & Wealth:"https://realinvestmentadvice.com/ria-e-guide-library/ -------- 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/ #StockMarket #MarketCorrection #SP500 #Investing #MarketOutlook #ArtificialIntelligence #AIeconomy #StockMarket #EconomicOutlook #TechnologyStocks

Markets triggered a short-term momentum sell signal, but that does not automatically mean a major correction is underway. The bigger question is whether stocks can hold key support at the 20-DMA while working off overbought conditions driven by the recent momentum chase. Oil prices, tensions around the Strait of Hormuz, and rising margin debt are all contributing to increased volatility risk near-term. However, if markets can consolidate through June without breaking key support levels, the setup for a stronger July rally could remain intact. In today's Before the Bell, we discuss why the real correction risk may not emerge until later this Summer, what election uncertainty could mean for August and September markets, and why the 20-DMA is the technical level investors should be watching right now. 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://youtu.be/oWiPrlAYz5A --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- * REGISTER for our next Dynamic Learning Series presentation, "A SimpleVisor Tutorial," Thursday, June 4, 2025 at Noon: https://streamyard.com/watch/MwairsimgmnS --- 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/ #StockMarket #MarketCorrection #SP500 #Investing #MarketOutlook

Markets are hitting new highs while volatility, inflation concerns, interest rates, and geopolitical risks continue to pressure investors. Lance Roberts and Danny Ratliff answer your questions about investing, retirement planning, portfolio management, taxes, market risk, Federal Reserve policy, and the economy. From market momentum and valuation risks to retirement income strategies and financial planning mistakes, this is your opportunity to get straightforward answers without Wall Street spin. Here's a topical rundown of today's show: 0:00 - INTRO 0:57 - Markets Trying to Sell-off 6:17 - Market Comparisons 11:19 - Not Reading the News is Better 12:08 - Is TLT a Good Buy Now? 15:40 - What to Do with Cash 16:40 - Can Bond Yields Go Over 5.5%? 19:08 - Will There Be Inflation from SCOTUS Ruling on Trucker Broker Liability? 20:14 - What Would Trigger Differentiation from Standard Correction or Worse? 23:50 - Higher Oil = Higher Treasuries? 28:26 - Space Stocks, Momentum Trading, & Space-X IPO 31:27 - The Roth Conversion Conundrum 33:53 - APLD Positioning & Short Squeeze 36:21 - Correlation of Assets - What to do when trades don't work 40:46 - Microsoft, AI, & Layoffs 41:48 - What is Your Plan for a Market Downturn? 49:14 - Social Security Reform - Raising Minimum Retirement Age? 55:02 - In What Sector will Space-X Be Placed? Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Articles mentioned in this report: "The NVDA Earnings Report: Could It Pop The Gamma Bubble?" https://realinvestmentadvice.com/resources/blog/the-nvda-earnings-report-could-it-pop-the-gamma-bubble/ ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/ngEmjqsUFTY ------- Watch today's "Before the Bell" feature, "Market Decoupling Danger," here: https://youtu.be/uDPuWbEqO-E ------- Watch our previous show, "U.S. - Iran Risks You Cannot Ignore" https://youtube.com/live/YT_BHXcoydw ------- * REGISTER for our next Dynamic Learning Series presentation, "A SimpleVisor Tutorial," Thursday, June 4, 2025 at Noon: https://streamyard.com/watch/MwairsimgmnS -------- Download Lance's Latest e-book, "Laws of Money & Wealth:"https://realinvestmentadvice.com/ria-e-guide-library/ -------- 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/ #StockMarket #BullMarket #MarketCorrection #FederalReserve #Investing #Investing #Retirement #FinancialPlanning #SocialSecurity #SpaceXIPO

Markets continue to push higher, but underneath the surface, warning signs are beginning to build. Bullish sentiment and equity exposure among investment managers are near record highs, while market leadership continues to narrow into a smaller group of large-cap stocks. In today's pre-market update, we examine the growing divergence between the S&P 500 and equal-weighted indexes, the sharp underperformance developing in small-caps, emerging markets, and international equities, and why the strengthening U.S. Dollar is pulling capital back into domestic markets. We also discuss how concentrated leadership often precedes broader market weakness, why summer correction risks are increasing, and the portfolio adjustments we are making as market signals begin to deteriorate beneath the surface. Markets may appear stable on the surface, but the internal decoupling between sectors, styles, and global markets is becoming harder to ignore. 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://youtu.be/uDPuWbEqO-E --- Articles mentioned in this report: "The NVDA Earnings Report: Could It Pop The Gamma Bubble?" https://realinvestmentadvice.com/resources/blog/the-nvda-earnings-report-could-it-pop-the-gamma-bubble/ --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- * REGISTER for our next Dynamic Learning Series presentation, "A SimpleVisor Tutorial," Thursday, June 4, 2025 at Noon: https://streamyard.com/watch/MwairsimgmnS --- 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/ #StockMarket #SP500 #MarketCorrection #Investing #MarketOutlook

Markets have now advanced for seven straight weeks, a historically bullish signal for long-term returns. But short-term risks are starting to build beneath the surface. Momentum is weakening, breadth remains soft, and markets are approaching a potential sell signal as overbought conditions begin to unwind. In this episode, we break down why a pullback toward the 20-DMA — and possibly the 7,000 breakout level — would not be unusual after such a strong rally. We also examine the historical pattern of market corrections following the appointment of a new Fed Chairman, election-year volatility risks, and why investors may want to become more defensive without abandoning the broader bull market outlook. We discuss portfolio positioning, risk management, value versus growth, fixed income opportunities, and why a correction could become the next major buying opportunity later this year. 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://youtu.be/P4tVvHEqF6k --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ --- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo --- * REGISTER for our next Dynamic Learning Series presentation, "A SimpleVisor Tutorial," Thursday, June 4, 2025 at Noon: https://streamyard.com/watch/MwairsimgmnS --- 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/ #StockMarket #BullMarket #MarketCorrection #FederalReserve #Investing