by Lance Roberts | Aug 8, 2023 | alerts, Markets/Economy, Real Investment Advice
There is a rhythm to the markets, and market cycle lows support bull market recoveries. Recently, Ed Yardeni made a bold prediction that the S&P 500 index could hit a high of 5400 in 2024. To wit: “Market veteran Ed Yardeni predicts that the S&P 500 could...
by Lance Roberts | Aug 4, 2023 | alerts, Markets/Economy, Real Investment Advice
“The stock market is not the economy.” Such is the latest rationalization to support the “bull market” narrative. The question, however, is the validity of the statement. During the 2020 economic shutdown and surging market rebound I stated: “There is currently a...
by Lance Roberts | Aug 1, 2023 | alerts, Markets/Economy, Real Investment Advice
“Bullish measures are getting really bullish.” This is an interesting statement, given how “bearish” sentiment was in 2022. As I noted then: “Investor sentiment has become so bearish that it’s bullish. One of the hardest things to do is go “against” the prevailing...
by Lance Roberts | Jul 28, 2023 | alerts, Markets/Economy, Real Investment Advice
While Washington continues a seemingly unbridled spending spree under the assumption “more spending” is better, debts and deficits matter. To better understand the impact of debt and deficits on economic growth, we must know where we came from. The chart shows the...
by Lance Roberts | Jul 25, 2023 | alerts, Markets/Economy, Real Investment Advice
No matter what happens, financially or economically, there is always a high number of companies regularly beating Wall Street estimates. Are Wall Street analysts that poor at predicting future corporate earnings, or is there something else potentially going on?...
by Lance Roberts | Jul 21, 2023 | alerts, Markets/Economy, Real Investment Advice
ESG scoring and mandates remain a subject we have contested since it sprang to life in 2020. The push of “woke activism” on, and by companies, to meet nebulous or artificial standards has led to various bad outcomes. ESG refers to the Environmental, Social, and...
