Lance Roberts

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...

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...

The S&P 500 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...

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...

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...

As the soft landing narrative grows, the risk of a 'crisis event in the economy increases. Will the Fed trigger another crisis event? While unknown, the risk seems likely as the Fed’s...

Psychology in markets is always fascinating. In February 2009, I wrote “8 Reasons For A Bull Market.” While in hindsight, it is easy to see that was the right call, overall, psychology was...

While bond yields have risen sharply lately, fund flows into bonds tell two very different stories. We have previously written much on the recent rise in bond yields related to economic growth, event...

The Fed’s “soft landing” hopes are likely overly optimistic. Such was the context of our recent report, which discussed the long record of the Fed’s economic growth...

Compound market returns: During bullish markets, there is inevitably a regurgitation of this myth that was contrived to extract capital from retail investors and place it in the hands of Wall...