by Lance Roberts | Nov 3, 2023 | alerts, Markets/Economy, Real Investment Advice
The recent #MacroView blog noted economists are increasingly confident the economy will avoid a recession. Such is due to strong job and retail sales data. Even Jerome Powell, in his recent speech, made note of the strength of the data. To wit: “Additional evidence of...
by Lance Roberts | Oct 31, 2023 | alerts, Markets/Economy, Real Investment Advice
While often difficult, investing rules can help us maintain our focus and investment discipline in volatile or uncertain markets. This year, such has certainly been the case with surging interest rates, expectations of a recession, and geopolitical conflicts in two...
by Lance Roberts | Oct 27, 2023 | alerts, Markets/Economy, Real Investment Advice
Economists no longer expect a recession. Such was according to a recent WSJ survey of Wall Street economists. To wit: “In the latest quarterly survey by The Wall Street Journal, business and academic economists lowered the probability of a recession within the next...
by Lance Roberts | Oct 24, 2023 | alerts, Markets/Economy, Real Investment Advice
The “pain trade” continues to be higher into year-end. We made Such a point in January, suggesting the 2022 “correction” was complete. Let’s review what I wrote, and then we will expand on why we believe the “pain trade” is higher over the next few weeks. “From the...
by Lance Roberts | Oct 20, 2023 | alerts, Markets/Economy, Real Investment Advice
Restrictive monetary conditions, from higher yields and tighter lending conditions, are the Fed’s “Waterloo.” If you don’t remember, the “Battle of Waterloo” was fought on June 18th, 1815. The battle was a catastrophic defeat for the Napoleonic forces and marked the...
by Lance Roberts | Oct 17, 2023 | alerts, Markets/Economy, Real Investment Advice
Bloomberg recently penned a great piece on the “Law of Unintended Consequences.” To wit: “There is only one true law of history, and that is the law of unintended consequences. In the early 1920s, the University of Chicago economist Frank Knight famously drew a...
