4-16-26 What Will the Fed Do Next?

2026-03-18

The Fed is governed by its dual Congressional mandates of price stability and maximum employment. At times, however, the Fed throws these mandates out the window to protect the financial system. With liquidity and credit stress in the private credit market rising, we must consider whether the Fed might once again ignore its mandates to …

Continue reading »

2026-03-17

Is your financial plan built to survive a market crash — or a $5,000 emergency?
Lance Roberts & Jon Penn break down what retirees and younger workers both need to know about protecting their money when the economy sends mixed signals.

Whether you’re protecting a nest egg or just starting to build one, this episode gives you a practical framework for financial resilience — no matter what the market does next.

Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Jonathan Penn, CFP
Produced by Brent Clanton, Executive Producer

0:00 – INTRO
0:58 – Q4 GDP Weaker Than Expected: Implications
5:38 – Markets Bounce off 200-DMA
11:04 – Achieving Financial Independence – How You Know You’ve Made It
14:46 – Retirement Accounts’ Intended Use vs New

2026-02-16

Since the beginning of the year, we have discussed the “reflation trade” and its impact on specific market sectors. This past weekend’s newsletter also showed some of these more extreme returns in various market sectors since the beginning of the year. To wit: “Despite what seemed like a rough week in the market, it really wasn’t as …

Continue reading »

2026-02-12

In this short video, Lance Roberts & Michael LebowitzI explain how value stocks were deeply hated just months ago. Since then, capital has rotated aggressively into defensive “value” names, pushing many to extreme overbought levels.

Ironically, several of these stocks, including $WMT $PG and $PEP, now trade at elevated multiples, making them expensive by traditional metrics.

Be careful chasing the crowd. Focus on where money is likely to move next.

📺Full episode:

Catch me daily on The Real Investment Show: https://www.youtube.com/@TheRealInvestmentShow

2026-01-30

Markets may still enjoy short-term momentum, but long-term retirement planning must confront a different reality: elevated valuations, lower forward returns, and rising sequence-of-returns risk.

Richard Rosso explains why retirees face a near-term tailwind in market returns—but potentially long-term secular stagnation that demands tighter portfolio guardrails. Rich will discuss why historically tested retirement income strategies matter more today than at any point in the last two decades.

#RetirementIncome #MarketValuations #SequenceOfReturns #FinancialPlanning #RIAAdvisors

2025-12-22

Markets are heading into year-end with optimism still firmly embedded in prices, but the economic data are telling a more complicated story.

Lance Roberts examines the growing gap between the Federal Reserve’s soft-landing narrative and what inflation, employment, consumer spending, and earnings expectations are actually signaling. While markets have stabilized following recent volatility, participation remains narrow, sentiment is elevated, and valuations appear priced for a smooth economic outcome in 2026.
#FederalReserve #MarketOutlook #EconomicData #InvestingRisk #StockMarket

2025-12-08

A recent article by Simon White, via Bloomberg, discussed the rising cost of margin debt for investors. While his analysis below compares the cost of debt to GDP, we will also consider a more critical comparison to disposable personal income (DPI). Here is Simon’s point. “Yet, where history does raise a red flag is if …

Continue reading »