Last week, I joined Daniel Lacalle to discuss why markets are mistaken in pricing in a “massive” economic expansion. The discussion covers a lot of ground including:
- Are we in an economic expansion or a recovery? Why those are different.
- Corporate taxes and the impacts on the market.
- Current valuations.
- The debt, deficits, and impacts on economic growth.
- Why socialism doesn’t work.
We unpack many of the mainstream myths on narratives driving markets and why outcomes will be no different than in the past.
Lance Roberts is a Chief Portfolio Strategist/Economist for RIA Advisors. He is also the host of “The Lance Roberts Podcast” and Chief Editor of the “Real Investment Advice” website and author of “Real Investment Daily” blog and “Real Investment Report“. Follow Lance on Facebook, Twitter, Linked-In and YouTube
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