by Jeremy Grantham | Jan 6, 2021 | alerts, GMO, Markets/Economy
Executive Summary The long, long bull market since 2009 has finally matured into a fully-fledged epic bubble. Featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior, I believe this event will be...
by Lance Roberts | Jan 5, 2021 | alerts, Markets/Economy, Real Investment Advice
Welcome to 2021. As we kick off a new year, we begin with the S&P 500 trading at historical extremes. It is essential to have some perspective to set reasonable expectations for future returns and quantify the “risk” of something going wrong. As we...
by Lance Roberts | Jan 1, 2021 | alerts, Markets/Economy, Real Investment Advice
In this issue of “So Far, The Bulls Are Disappointed In Santa.” An Administrative Note Only Two-Days Left For Santa To Deliver Portfolio Positioning Update MacroView: Shades Of 1999 As “Market Mania” Returns Sector & Market Analysis 401k...
by Lance Roberts | Dec 29, 2020 | alerts, Markets/Economy, Real Investment Advice
In February, Institutional Investor published a brilliant piece entitled “Asset Manager B.S. Decoded.” As we approach the year-end of 2020, succeeding in 2021 may come down to navigating the “market lingo” successfully. “A handy...
by Lance Roberts | Dec 25, 2020 | alerts, Markets/Economy, Real Investment Advice
In this issue of “All I Want For Christmas Is A Bull Market 2021.” Will Santa Claus Visit Broad & Wall The Grinch That Stole Christmas Portfolio Positioning Update MacroView: Yellen’s Arranged Marriage To The Fed Sector & Market Analysis 401k...
by Lance Roberts | Dec 22, 2020 | alerts, Markets/Economy, Real Investment Advice
As we prepare to wrap up the year, 2020 will go down in the record books as a year of the “unexpected.” While no one expected the world to get besieged by a raging pandemic, equally, no one expected the year to end in a “speculative mania.” In...
