Lance Roberts

Lance Roberts



Mar 24, 2025
US Recession Risks Not as High as the Media Suggests
U.S. recession risks have been a headline over the last few weeks as the markets sold off.


Mar 18, 2025
Stupidity and the 5 Laws Not to Follow
Human stupidity is the one thing you can rely on in financial markets.


Mar 10, 2025
The Risk of a Recession Isn't Zero
The risk of a recession in the U.S. is not zero. This is particularly true as the current administration tackles government bloat and implements tariffs.


Mar 3, 2025
CAPE-5: A Different Measure of Valuation
One of the most referenced valuation measures is Dr. Robert Shiller's Cyclically Adjusted Price-Earnings Ratio, known as CAPE. Valuations have always been, and remain, an essential variable in long-term investing returns. Or, as Warren Buffett once quipped:"Price Is What...


Feb 18, 2025
The Impact of Tariffs Is Not as Bearish as Predicted
There are many media-driven narratives about the impact of tariffs on the economy and the markets. Most of them are incredibly bearish, predicting the absolute worst possible outcomes. For fun, I asked ChatGPT what the expected impact of Trump's tariffs will likely be.


Feb 11, 2025
Forecasting Errors Likely Put Fed on the Wrong Side Once Again
The Federal Reserve's record of forecasting has frequently led it to respond too late to changes in economic and financial conditions.


Feb 5, 2025
Bullish Exuberance Returns as Trump Takes Office
Bullish exuberance is returning to the markets and the economy in a big way following the Presidential election. Such is particularly the case with recent executive orders signed by Trump, which fulfill Trump's promises to "Make America Great Again."


Jan 29, 2025
Do Money Supply, Deficit and QE Create Inflation?
I recently debated with Michael Pento, who made an interesting statement that increases in the money supply, the deficit, and a return to quantitative easing (QE) will lead to 1970s-style inflation.

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