by Lance Roberts | Sep 12, 2023 | alerts, Markets/Economy, Real Investment Advice
“(Market) Predictions Are Difficult…Especially When They Are About The Future” – Niels Bohr Okay, I took a little poetic license, but the point is that while we try, predictions of the future are difficult at best and impossible at worst. If we could accurately...
by Lance Roberts | Sep 8, 2023 | alerts, Markets/Economy, Real Investment Advice
Since the beginning of the year, economic data has continued to defy the recession calls of 2022. Therefore, it is unsurprising that economic data surprised analysts’ more dire predictions last year. Of course, given the underestimation of the economy previously, the...
by Lance Roberts | Sep 5, 2023 | alerts, Markets/Economy, Real Investment Advice
Mega-cap stocks continue to dominate the market in 2023. The question is, why? After all, many other great companies have arguably much better valuations and fundamentals. Yet, those companies continue to lag the market’s overall returns as the bifurcation between the...
by Lance Roberts | Sep 1, 2023 | alerts, Markets/Economy, Real Investment Advice
Powell’s recent Jackson Hole Summit speech was mainly as expected. Well, except for the part where Powell obfuscated the truth behind the surge in inflation. More telling was the misunderstanding of the impact of fiscal and monetary policies on long-term outcomes....
by Lance Roberts | Aug 25, 2023 | alerts, Markets/Economy, Real Investment Advice
Fitch’s recent downgrade of the U.S. debt rating alarmed investors as the deficit and debt steadily increased. The downgrade sent 10-year Treasury bond yields above 4%, causing concern about America’s deteriorating financial condition. The problem is that if radical...
