Category Archives: Featured Blogs

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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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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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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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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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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How Big Of A Deleveraging Are We Talking About?

Written by Lance Roberts | Jul, 24, 2017

Last week, I discussed the issue of debt and why “people buy payments.” This article generated much discussion and several emails including the following. “You argue that rising debt levels…

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Why Wage Growth Will Remain Elusive

Written by Lance Roberts | Jul, 20, 2017

Just recently, Bloomberg ran a fascinating article discussing a new study from the McKinsey Institute. “American manufacturing could be poised to rebound as technological disruption shakes up global production chains,…

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People Buy Payments & Why Rates Can’t Rise

Written by Lance Roberts | Jul, 17, 2017

This past week, the lovely, and talented, Danielle DiMartino-Booth and I shared a discussion on the ongoing debate of why “Rates Must Rise.”   Debt drives rates lower….not higher. Debt…

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Yellen, Employment & Policy Errors

Written by Lance Roberts | Jul, 13, 2017

In Janet Yellen’s semi-annual testimony on Capitol Hill yesterday, she made reference to the ongoing strength of employment as one of the reasons for continuing to “normalize” monetary policy by…

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The Breaking Point & Death Of Keynes

Written by Lance Roberts | Jul, 8, 2017

You can almost hear the announcer for the movie trailer; “In a world stricken by financial crisis, a country plagued by spiraling deficits and cities on the verge of collapse…

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7-Myths Of Investing

Written by Lance Roberts | Jul, 6, 2017

Over the years, I have regularly addressed the psychological and emotional pitfalls which ultimately lead individual investors to poor outcomes. The internet is regularly littered with a stream of articles…

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The “Big Lie” Of Market Indexes

Written by Lance Roberts | Jul, 3, 2017

Last week, I received the following email from a reader which I thought was worth further discussion. “In a recent article “Signs of Excess – Crowding and Innovation” Lance stated…

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