Real Investment Daily

The Great Disconnect: Markets vs. Economy

Written by Lance Roberts | Aug, 17, 2017

The general consensus is the rise in capital markets, despite global weakness, geopolitical risks and sluggish employment and wage growth, is clearly a sign of economic strength as witnessed by…

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5-Must See Charts For Retirement Distributions

Written by Richard Rosso | Aug, 16, 2017

“With every new wave of optimism or pessimism, we are ready to abandon history and time-tested principles, but we cling tenaciously and unquestioningly to our prejudices.”  ― Benjamin Graham, The Intelligent Investor…

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Technically Speaking: COT Positioning Back To Extremes

Written by Lance Roberts | Aug, 15, 2017

In this past weekend’s missive I wrote: “So…Should I “Buy The F*$(@!# NOKO?” My best guess currently is – probably. But not yet.” “In our portfolios, we will wait for confirmation the current sell-off…

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Some Thoughts On “Long-Term Investing”

Written by Lance Roberts | Aug, 14, 2017

Last week, I was having lunch with a prospective portfolio management client discussing the current market, economic backdrop, and the related risk to invested capital. During our appetizer of stone…

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Weekend Reading: On A Cliff’s Edge

Written by Lance Roberts | Aug, 11, 2017

After a week on vacation, I got the joy of coming back to an Administration threatening North Korea over nuclear weapons. Now, you would suspect the possibility of nuclear war…

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The Insecurity Of Social Security

Written by Lance Roberts | Aug, 10, 2017

According to the June 2017 snapshot from the Social Security Administration, nearly 61.5 million people were receiving a monthly benefit check, of which 68.2% were retired workers. Of these 41.9 million…

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An Indicator of Peril

Written by Michael Lebowitz | Aug, 9, 2017

Thanks to Jesse Felder, we recently stumbled upon a measure of economic conditions that has reliably signaled every recession since 1948. The data point, Real Value Added, is currently in…

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Stocks – The Great “Wealth” Equalizer?

Written by Lance Roberts | Aug, 4, 2017

Just recently, the New York Post a very interesting article entitled “Millennials should start taking stocks seriously.” While I am sure the author is well-intentioned, it is a very misguided article in its…

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Is Another Lost Decade Ahead?

Written by Lance Roberts | Aug, 3, 2017

In a recent post by Jeffrey Snider he made an important observation: “In August last year, Dr. Krugman proved how little he has learned since March 2008 in chastising others…

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Plan For The Worst

Written by Lance Roberts | Aug, 2, 2017

Currently, things could not be better. Stocks are hitting all time highs. Confidence is at record levels, and investors are “all in.” But maybe it is just for those reasons…

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You’re Going To Die…Now What?

Written by Danny Ratliff | Aug, 2, 2017

November 30, 1989, I remember it like it was yesterday. I was 8 years old, in Miss Duke’s 2nd grade class at Inwood Elementary in Houston, TX. Little did I…

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13-Truths About How Money Really Works

Written by Lance Roberts | Jul, 31, 2017

There is an increasing amount of commentary which suggests this time is different. Active management of portfolios is no longer needed, as Central Banks continue to be supportive of the markets,…

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Weekend Reading: Vacation Head

Written by Lance Roberts | Jul, 28, 2017

Ah…yes. It is FINALLY that time of the year when I take a week off with the family for our summer vacation. Don’t worry, I have been fiendishly writing for…

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Is This The Bubble?

Written by Lance Roberts | Jul, 27, 2017

As a portfolio manager, I start each morning by consuming copious amounts of a heavily caffeinated beverage and a data feed from a litany of web and blog sites. Over the…

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