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Lance Roberts

Lance Roberts



Jan 20, 2025
Tactically Bearish Moves as Risks Increase
In last week's discussion with Thoughtful Money, I noted that we are becoming more "tactically bearish" as we progress into 2025. While we have remained primarily bullish in equity positioning over the last two years, several risks are now worth considering.


Jan 15, 2025
'Curb Your Enthusiasm' in 2025
"Curb Your Enthusiasm," which ran its series finale last year, starred Larry David as an over-the-top version of himself in a comedy series that showed how seemingly trivial details of day-to-day life can precipitate a catastrophic chain of events.


Jan 6, 2025
Bob Farrell Rules – An Updated, Illustrated Guide
In a recent discussion on TheRealInvestmentShow, Bob Farrell and his 10 investment rules were discussed, which elicited several email questions asking, "Who is Bob Farrell, and where are these rules?"


Dec 26, 2024
Valuations Point to Lower Returns in 2025
It's that time of year when Wall Street polishes up its crystal balls and predicts next year's market returns. Since Wall Street never predicts a down year, these forecasts are often wrong and sometimes very wrong.


Dec 16, 2024
Economic Indicators & the Trajectory of Earnings
Understanding the trajectory of corporate earnings is crucial for investors, as these earnings significantly influence stock valuations and market performance.


Dec 10, 2024
The Kalecki Profit Equation & the Coming Reversion
Corporations are currently producing the highest level of profitability, as a percentage of GDP, in history. However, understanding corporate profitability involves more than glancing at quarterly earnings reports.


Dec 3, 2024
Credit Spreads: Markets' Early Warning Indicators
Credit spreads are critical to understanding market sentiment and predicting potential stock market downturns. A credit spread refers to the difference in yield between two bonds of similar maturity but different credit quality.


Nov 25, 2024
'Trumpflation' Risks Likely Overstated
With the re-election of President Donald Trump, the worries about tariffs and pro-business policies sparked concerns of "Trumpflation."

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