#WhatYouMissed On RIA: Week Of 01-13-20

Yes. pic.twitter.com/kCeink3uIK

— Lance Roberts (@LanceRoberts) January 14, 2020

I keep hearing nonsense about how the Fed's actions are not responsible for the market going up. Instead they claim there is a shortage of assets. Why is there a shortage? Could it be the nearly $4 trillion in assets the Fed removed from the market?

— Michael Lebowitz, CFA (@michaellebowitz) January 16, 2020

Uhm…I have a question.
If #everyone is making money in the market AND we have the #greatesteconomyever then can anyone explain this.#ImBeingRhetorical pic.twitter.com/JlQ6eSun3J

— Lance Roberts (@LanceRoberts) January 13, 2020

How sad it is that financial/market writers spend so much ink on the Fed. Its like a sports reporter that writes about refs instead of the game. #pathetic

— Michael Lebowitz, CFA (@michaellebowitz) January 13, 2020

What could possibly go wrong? pic.twitter.com/75jcXayyUR

— Lance Roberts (@LanceRoberts) January 14, 2020

Market performance is defying fundamentals and, it would seem, gravity itself. Why we think that's just…nuts. The latest #ThreeMinutesOnMarketsAndMoney podcast is on our YouTube channel now:https://t.co/AjSDMegWOH#Markets #Money #Investing pic.twitter.com/EohFMWfyPu

— Lance Roberts (@LanceRoberts) January 14, 2020

"The market is currently fairly valued." – Jeremy Siegel
Long-term view of price versus 10x (cheap), 15x (fair) and 20x (expensive) valuations. Most important takeaway is that when price has pushed will above 20x, subsequent outcomes have been bad. $SPY $TLT pic.twitter.com/Zp79j4br4B

— Lance Roberts (@LanceRoberts) January 15, 2020