The correction that occurred in March and April is now officially over, declares portfolio manager Lance Roberts.He has removed his short positions and thinks the market's bias is to the upside in the immediate term, though he cautions a pullback will happen at some point given how short-term overbought stocks remain.Lance and I also discuss the implications of Elon Musk's recent pushback on the Big Beautiful Bill, as well as the latest mixed jobs data and the concerning decline in consumer sentiment.For everything that mattered to markets this week, watch this video.WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com#bigbeautifulbill #elonmusk #trump 0:00 - Trump-Musk feud and Big Beautiful Bill5:21 - Congressional spending issues9:42 - Tax cut renewal urgency14:21 - Fiscal responsibility awareness19:20 - Trump-Musk feud’s impact21:16 - Market resilience amid uncertainty31:19 - Bull market confirmation34:42 - RIA portfolio performance40:32 - Earnings and consumer spending55:47 - Jobs market mixed signals1:04:25 - Silver breakout and precious metals1:10:10 - Nutrition in medical education1:16:23 - RIA trades and AI/infrastructure thesis1:19:29 - Rant: When to fight back?1:39:55 - Insurance and asset protection1:46:09 - Closing and viewer guidance_____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter.We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance.IMPORTANT NOTE: There are risks associated with investing in securities.Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance.Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC.Copyright © 2025 Thoughtful Money LLC. All rights reserved.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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