Stocks and Earnings Going Strong // Vehicle Sales Surge in 2021 // MA House Passes Sports Betting Bill - 7/23 (Hour 1)

(0:30) - After stocks sold off to begin the week, markets saw three straight days of gains (mostly), which continued into Friday with the ongoing rally seeing the S&P 500 cross 4,400 for the first time. The guys discuss how volatility is simply part of investing, and how companies are seeing positive earnings even in the face of inflation. (13:15) - Intel CEO Pat Gelsinger lamented his company's flat earnings, and added that the global semiconductor shortage could potentially stretch in 2023. How will Intel fare if the chip shortage does extend further than once thought?(23:30) - According to a research firm, total vehicle sales were up 29% for the first half of 2021. Among this surge in sales was a rise in electric vehicle purchases, which seem to be garnering more overall interest as car-makers expand into the EV space.(35:37) - Yesterday, the Massachusetts House passed a bill that would legalize sports betting. While this sounds promising, the House also passed a similar bill last year which did not pass the MA senate. Are we headed down the same path this year?