by Lance Roberts | Mar 28, 2023 | alerts, Markets/Economy, Real Investment Advice
Despite an ongoing “banking crisis,” investors continue to chase stocks triggering several bullish buy signals. As noted in this past weekend’s newsletter, two primary reasons exist for this current dichotomy. The first is psychological, and the second is purely...
by Lance Roberts | Mar 24, 2023 | alerts, Markets/Economy, Real Investment Advice
Recession indicators are ringing loudly. Yet, the Fed remains focused on its inflation fight, as repeatedly noted by Jerome Powell following this week’s FOMC meeting. During his press conference, he specifically made two critical comments. The first was that inflation...
by Lance Roberts | Mar 21, 2023 | alerts, Markets/Economy, Real Investment Advice
“QE” or “Quantitative Easing” has been the bull’s “siren song” of the last decade, but will “Not QE” be the same? Last week, amid a rash of bank insolvencies, government agencies took action to stem a potential banking crisis. The FDIC, the Treasury, and the Fed...
by Lance Roberts | Mar 17, 2023 | alerts, Markets/Economy, Real Investment Advice
Could the consensus view of a “no recession” scenario be wrong? As portfolio managers, this is the question we ask ourselves daily. Since the lows of last October, the technical backdrop has improved markedly, as discussed last week in “Bear Trap.” To wit: “Our most...
by Lance Roberts | Mar 14, 2023 | alerts, Markets/Economy, Real Investment Advice
With the collapse of Silicon Valley Bank, questions of potential “bank runs” spread among regional banks. “Bank runs” are problematic in today’s financial system due to fractional reserve banking. Under this system, only a fraction of a bank’s deposits must be...
by Lance Roberts | Mar 10, 2023 | alerts, Markets/Economy, Real Investment Advice
Warren Buffett defended stock buybacks in Berkshire Hathaway’s annual letter, pushing back on those railing against the practice he believes benefits all shareholders. “When you are told that all repurchases are harmful to shareholders or to the country, or...
