by Lance Roberts
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| “Value is back,” the headlines say—so investors rush from mega-cap growth into “boring” staples, utilities, and healthcare. But here’s the problem: sector labels aren’t valuation metrics. In many cases, the so-called “value rotation” is an illusion—because investors may be rotating into expensive stocks while selling the actual value hiding inside “growth.” Lance Roberts & Michael Lebowitz break down why value and growth aren’t mutually exclusive, and why the market’s favorite shortcut—“defensives = value, tech = growth”—can lead to costly portfolio mistakes. 0:00 - INTRO 0:19 - Employment Numbers Surprise 6:01 - Why We're Setting Up for a Dollar Rally 14:05 - Gasoline Price Comparisons 15:59 - Value Stocks & Market Rotations 19:36 - Defining "Growth" vs "Value" 21:22 - Buying the Future, not the Past 22:38 - The Problem w Forward Earnings 28:06 - How Passive Flows Drive Markets Higher 32:01 - Overbought Markets Can Remain So for a Long Time 35:01 - How the Dow Industrials Have Shifted 37:57 - Employment is Not as Strong as Hoped (It's garbage) 39:57 - Expect Revisions Next Year 43:11 - Friday Inflation-Truflation Report Preview 45:34 - ISM Index Anecdotal Evidence Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manger, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Register for our next Candid Coffee, 2/21/26: https://streamyard.com/watch/Wq3Yvn9ny5GV ------- Watch Today's Full Video on our YouTube Channel: ------- Articles mentioned in this report: "BLS Labor Report Defies Consensus" https://realinvestmentadvice.com/resources/blog/bls-labor-report-defies-consensus/ --- Watch our previous show, "Q&A Wednesday: You Ask 'em, We'll Answer," here: &list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell, "Dollar Rally Risk - Overbought Markets," is here: ------- Visit our E-book Library (no library card required!) https://realinvestmentadvice.com/ria-e-guide-library/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #USdollar #MarketTechnicalAnalysis #MeanReversion #PortfolioRiskManagement #GoldAndSilver #ValueInvesting #StockMarket #PortfolioStrategy #Valuation #InvestingEducation |
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Sector rotation is this weekend’s 2026 Investment Summit. I am presenting at the conference as you are reading this. However, I would be remiss not to share a brief market update as we head into next week. The full newsletter will return next week. That said, U.S. equity markets delivered mixed performance last week. Major …
1-15-26 Silver’s Surge: Bubble or Fundamentals?
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Can we classify Silver as a microbubble?
Lance Roberts & Michael Lebowitz take a disciplined, valuation-driven look at silver through the lens of post-2020 micro-bubble cycles.
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1-12-26 Investor Lessons From 2025 for 2026
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Markets opened 2026 with early gains, improving breadth, and a rotation toward value—but mixed fundamentals and elevated expectations remain beneath the surface.
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2026 Earnings Outlook: Another Year Of Optimism
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The Wall Street consensus forecast for 2026 earnings growth is strong by historical standards. Analysts are giddy and projecting another year of double-digit growth in S&P 500 earnings per share (EPS). FactSet’s most recent data showed an expected 2026 earnings growth rate for the S&P 500 of about 15 percent. That is well above the …
11-21-25 Roth Conversion Strategy: What Actually Works
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Not all Roth conversions are created equal — and new research shows a clear winner.
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• Staying in a traditional IRA/401(k) and taking RMDs
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11-19-25 Risk-Range Report: We Are Still In a Bull Market
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$SPY / $QQQ pullback is not the start of a bear market.
In this short video, I look at the Risk-Range data confirming the broader bull trend and explain why this dip is an opportunity, not a danger.
📺Full episode:
Catch me daily on The Real Investment Show: https://www.youtube.com/@TheRealInvestmentShow
Miran Says Rates Are Too High: Politics Or Reality?
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9-26-25 College Planning 2025 – FAFSA, Scholarships, & Smart Funding Tips
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College planning season is here — and the last quarter of 2025 brings critical deadlines for students and parents. Jonathan Penn and Sarah Buenger break down what you need to know about FAFSA, scholarships, and smart funding strategies for higher education.
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Applications: Why applying to multiple in-state schools boosts negotiating power.
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