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...
by Lance Roberts | Aug 22, 2023 | alerts, Markets/Economy, Real Investment Advice
Is a stock market rally coming? I think that is most likely the case. However, to understand why, we must review what we said at the beginning of July in “Complacency Seems Overly Complacent.” With bullish optimism quickly returning to the market, the pressure to...
by Lance Roberts | Aug 21, 2023 | alerts, Markets/Economy, Real Investment Advice
About once a year, I have to address the issue of chasing the “10 Best Days” of the year. Statista recently presented the analysis: “There is clear evidence that market timing is difficult. Often, investors will sell early, missing out on a stock market rally. It can...
by Lance Roberts | Aug 18, 2023 | alerts, Markets/Economy, Real Investment Advice
Since the beginning of 2022, the media has regularly warned a recession is coming. As we suggested previously, if a recession DID occur, it would be the most well-forecasted recession ever on record. “While the ‘probabilities’ of a recession in 2023 seem far more...
by Lance Roberts | Aug 15, 2023 | alerts, Markets/Economy, Real Investment Advice
Government bonds or stocks? If you were picking an asset class to outperform over the next 18-24 months, which would you choose? Such was an interesting point made by Greg Feirman last week. To wit: “The market has now priced in a soft landing based on the idea that...
by Lance Roberts | Aug 11, 2023 | alerts, Markets/Economy, Real Investment Advice
Tax receipts are falling, which has historically preceded economic recessions. In a recent #MacroView post, we discussed the issue of rising debt levels on economic growth and increasing debt levels. To wit: “While Washington continues a seemingly unbridled spending...
