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You blokes were on fire today. It was a very stimulating discussion between two respectful professionals who listen to each other and let each other finish. Thanks a lot.
If anyone agrees hit the thumbs up, Adam, could Lance do a teaching segment of technical analysis for us each week for a few weeks? Just a quick 3-5 min overview of Fibonacci, RSI, MACD, B Bands, Importance of 200/50 Moving Averages, etc? Maybe one Indicator each week overview? How Lance uses them on a daily basis, which indicators does he use the most etc? And then putting all the indicators he prefers daily together on the chart. I personally would love to see that, I really enjoy his teaching! Thanks!
@@adam.taggart trum is a beloved billionaire who risk everything over this, and these hacks are incompetent nobodies pretending to be centrists while showing they buy what the media tells them
Scrape really hard and force yourself to put $100 a month into T-bills for a few years. You'll have a few thousand to invest at that point. It's OK to start small. Just get started.
Lance is absolutely correct about the need to give solutions instead of only discussing future problem scenarios. Most TH-cam channels just discuss what may happen, but never give any actionable advice or steps to take.
You guys debate was WAY better than the one last night.. Did like and appreciate the info that came out of the differing opinions.. This was by far one of the better shows I have seen in the years I've been tuning in each week to it. Keep keeping it real guys,,
Can't use 20-year-old metrics to judge stock values. Today, we're fueled by historic levels of QE debt. The central bank has pledged to continue QE during any downturns. Stocks will continue to rise for years, as will real assets, all fueled by taxpayer debt. At some, it will all come crashing down, like the guy who takes a cash-out mortgage on his house and says "I'm rich!!" It will all crash.
I just wanted to say to you two gentlemen, when together, one of my favorite TH-cam podcasts. I really enjoy the thoughtful analysis. Keep up the good work and a big THANKS !!?
Inflation is understated so GDP is overstated. The job numbers from the BLS are totally manipulated using bogus birth-death model assumption. I read that there has not been one full time job created in the last 15-18 months. It’s all part time jobs - most are likely going to people already employed to make ends meet. If you drive for Uber and Lyft that’s two jobs that don’t pay as well as one full time job.
Correct a lot of GDP "growth" is actually an understated rate of inflation. A lot of GDP "growth" is people paying more for the same thing. Also higher interest rates increases the cost of money another one is tax increases from also no counted as inflation.
Reminds me of being in 4th grade watching kids trying to blow a bubble bigger than than anyone else with their chewing gum. They always ended up with the gum all over their face.
Always my favorite time of the week adam brother was still on vacation in Greece. Hope you’re having a great summer with the family take care of the madness of the wild West in the Bay Area.😊
So much to think about in this podcast that I’ll play it again and make notes! I agree with you that many business-oriented shows are actually marketing or “infotainment” channels. As a DIY investor with a husband who doesn’t care about money (he doesn’t spend a lot either) I feel the pressure to keep us saving and investing. I feel like I got some good pointers today on how to find the sweet spot for our family’s risk tolerance. Thanks guys!
I’m so tired of waiting and worrying that I made a mistake. Will equities revert to the mean? Will the fed and the government let it happen or do they want to keep widening the wealth gap?
AWESOME interview. You understand my concerns well. Thank you for clarifying where we are today and what the immediate and LONG term issues are. Lance's response brings me peace of mind for now. Thank YOU
I have been wondering about the closing points for a few months. Now that the terrain has changed with so many alternative sources of information available, do the MSM controlled business channels have the same power to drive up markets as in the past? I'm still wondering. Thanks..........
You guys are the best! This is probably the best financial discussion on media period. The interaction between Adam and Lance is respectful, smooth and you don't interrupt each other. So true about financial information 10 years ago. Before the financial crisis, I used to "listen" to cnbc with their 2007 commentary " oh, if there will be a recession, it will be very light as the consumer is strong" Yeah, I learned a hard $500k lesson from that lol So, I'm really thankful for the different perspectives both of you bring. Thanks as always!
Love the dynamic. Adam, you come across as very pessimistic, and Lance keeps you in check. The truth is probably somewhere between the two of you, though I suspect it’s closer to Lance. It’s interesting how Adam seems to avoid owning the fact that his view of the future is pessimistic. Lance, you are amazing-I always learn so much from you. Great show!
It's a bit sad to say, but Adam sounds like a broken record. How can he not realize that it's now a couple of years he's saying the same things and the market keeps going up and up. Timing matters
What fantastic advice: Live frugally and save/invest as much as you can! Cars are a huge waste of money. It is always better to drive something older and paid for. That was a great point that, sadly, most of the people in the 90% stay in the 90% because of poor decisions with money.
I appreciate Lance’s very realistic view … I kept investing thru 2022& 2023 and was SUPER glad I did … I bought stuff people hated but was undervalued…..it’s not time yet to keep rewatching the “Postman”… There are some great undervalued assets out there right now..
Hey guys... great presentation, as always. Love the long-form content. At market close yesterday I noticed that a lot of financials where announcing they were increasing their dividend and announcing buyback programs. Knowing that financials are first sector to release earnings data in next few weeks that news spooked me! I also noticed the long end of yield curve had ticked up quite a bit with bond futures down almost two points... ES closed at low of day. Very unusual with Friday’s being the traditional day to squeeze market makers using zero day to expiration Calls in the ‘trillion dollar tech club’. Low volume can move markets. It was unusually SKETCHY! Just my thoughts.
I love Lance, and his macro view is absolutely correct when it comes to describing the economy and the money choices to be made by the top 10%. While he is a great balancing force to the more bearish guests here, I am super glad that those bearish guests are here to balance his perspective, which again focuses on how things are and should be operating for the top tier. Relatedly, my hope for your channel is that you will tend towards a more activist approach--and I'm not even sure what that would look like--that promotes, within the bounds of maintaining capitalist fundamentals, thinking that encourages individuals not in the top tier to push for changes that rebuild the ladder out of poverty and inescapable lower-middle class existence. I believe that you believe that, outliers aside, America can't continue to call itself America and continue to exist the way it is. Use your platform to nudge things that way. You don't gotta be a Che or a media Mao: just maybe a capitalist who advocates for "Reset Lite" in the name of saving the whole thing. Love your show, Mr. T. Much respect.
I have a question about Lance's theory about a "permanent shift" in higher average valuations based on zero interest rate policy and huge liquidity. If that policy and liquidity go away, does that still leave us with a permanent shift?
Lance, you are one special human being. I'm completely confident that you will remain so your entire life because your years have brought you to this place of humility and idealism. I so appreciate listening to you and your guests regularly.
Love Adam’s analysis and Lance’s holistic view of the market… the key to wealth is always to save and invest.. you need to do both. I think the markets are going to push a lot higher throughout 2024 with companies like Nvidia, Meta , Google etc but depending on who wins the election the market is likely to pivot to energy companies for a Trump victory or clean energy companies with a Biden victory in my humble opinion
@@bhe8336 that’s what my husband was making when we were stationary in a house. He’s an MRI tech. He took a travel job and makes bit more now but we live in an RV now with 3 kids. That’s the only thing we could do. We sold our house because we couldn’t afford to live in our home town anymore. We can’t travel forever so we will be back down to about $4k-$5k a month again when we have to get off the road. I stay home and homeschool our kids. We knew it would mean that we would be poorer than if I got a job.
@@bhe8336 I’m a stay at home mom and homeschool. My husband makes more for now that he’s traveling and we live in an RV but we can’t travel forever. And we will be back to $4-$5k a month with 3 kids again.
Great show but I got a dumb question …. When I hear anybody out of the bottom 80% can reach the top 20% by doing X things . What happens when like 40% of the bottom try to do those X things to reach the top 20% ? My point is that kind of talk works great on the margin but is not workable ideas for everyone . Life is a relative game .
Great video. Both perspectives made sense. QE has destroyed reasonable valuation metrics. But, all that means is reversion will be more brutal. But, "when" is the question as noted. Watched the RE depression in California in 90's. Commercial property dumped at thirty cents on the dollar of construction cost by the Resolution Trust Corporation. This simply undermined values of other properties. Your Federal government at work. Those that had capital made gobs selling into the QE liquidity ten to fifteen years later. Whether its commercial property for the big guys; or a single family residence for most of us; opportunities always comeback in cycles. Just need some capital or access to capital. It starts with savings.
Thanks for this reality check! People, like us, who saw our parents go thru bear markets plus us who did, know this time can be very painful unless you prepare.
I haven't been consuming the show for a bit but I enjoyed it today. The pig in the python, 4th turning, markets are imbalanced because of passive investing, real estate market is in a bubble, etc. message was repetitive, redundant, and the show gets lost in the mix if you look at the suggested videos on screen right which essentially offer the same message. I do / did like the non economic question at the end of the show and I do like the "how to capitalize on the end of the world" idea as well. There is marginal value there for me compared to other straight up doom and gloom shows. Looking forward to the new background and the opportunities to capitalize on downturns segment. Peace.
I’ve beenn on sidelines because I’m scared . Just keep thinking of 2008 . Don’t no what to do any suggestions my gut tells me we are going to crash soon but I’ve so far been wrong
I have stepped into and out of the markets since 2008, currently holding bond funds, dividend-paying ETFs, and applying extra cash toward paying off mortgage debt. I have thought as well about when to seriously wade into equities again. My rule will be to wait until about 18 months have passed since the beginning of the next recession (the end of the recession may not yet be officially announced) and then average into ETFs and indexes methodically over the following 1 to 2 years. This rule would have worked well in prior recessions (excluding the pandemic selloff, which I think is an outlier.) It may not time the bottom precisely, but it's a likely era of time for growth to be returning.
You guys are great people who have the caring hearts. However Adam is a little too passive here. "Fear is a liar" , sometime, Adam :), Lance is more objective and a great adviser. Very genuine conversation between you guys always.. I am so glad to watch you guys every Saturday. Thank you both and God Bless You and you families.
I was baptised by the markets in 2008. What I would allocate to the markets has been in cash pretty much since then. No way I'm jumping in here, but clearly I'm an idiot.
I understand completely. 2008-2009 got me into some sticky situations, margined out too far after repeatedly averaging down thinking "surely this is the bottom". I am much more prepared nowadays to leave the premise of "things can get really bad" in my mind when investing.
In So Cal houses are selling within weeks at all time highs. I talked to one retiree and his 2 bedroom townhouse (not even a house) sold for $825K - a good area, but a crappy little townhouse.
Feels like we’re in the late innings of this run because I as an economic bear and cleary being extremely early piled into GICs back in November and getting FOMO seeing NQ and SPY get bought on every dip. Feels so much like early 2020. Who knows though? Have a plan and stick to it. With regards to Lance’s poo poo response regarding human nature to Adam’s really optimistic postulation of how society could evaluate our morals and values and begin to focus more on real wealth rather than making wealth … ok, boomer. Not every generation was full of paper wealth avarice. The silent generation and world war generations were rooted at times in speculation but it wasn’t culturally dominant and it didn’t outright erode community building like it has now. So I say again to Lance’s pessimism … ok, boomer. It’s already happening with social trend here in Canada, I just think the US culture is considerably less empq towards the suffering of others especially those at the lowest wrung. He just seems extremely disconnected from what actually being working class is like in this high inflation environment. Why don’t such a large number of people save and invest? They can’t save even when they live frugally. Why? Cause wages have not kept up with debasement.
Adam, you really need a better setup- camera, light, mic, background, etc. The color of the background is way too dark and drab. The visuals are not at the level of your interviews. oh - I can't wait to see the new one!
The guest is way off base if he thinks the real estate market has nothing to do with the stock market. Most of the money in this country is in real estate. To think that a massive downturn in the real estate market will not affect the stock market is naive.
During a real estate downturn, banks dig a word out of their toolbox: Curtailment. That means, slicing home equity line limits. People discover they don't have instantaneous access to extra cash anymore, and that can cause myriad impacts to spending habits.
SUBSCRIBE TO OUR FREE NEWSLETTER at adamtaggart.substack.com (or upgrade to premium to receive our "Adam's Notes" summaries to this interview & all others on this channel, plus the new MacroPass service)
You blokes were on fire today. It was a very stimulating discussion between two respectful professionals who listen to each other and let each other finish. Thanks a lot.
If anyone agrees hit the thumbs up, Adam, could Lance do a teaching segment of technical analysis for us each week for a few weeks? Just a quick 3-5 min overview of Fibonacci, RSI, MACD, B Bands, Importance of 200/50 Moving Averages, etc? Maybe one Indicator each week overview? How Lance uses them on a daily basis, which indicators does he use the most etc? And then putting all the indicators he prefers daily together on the chart. I personally would love to see that, I really enjoy his teaching! Thanks!
I like this idea
@@adam.taggart trum is a beloved billionaire who risk everything over this, and these hacks are incompetent nobodies pretending to be centrists while showing they buy what the media tells them
Either of these guys would make a better President than either of the candidates.
Honestly, good-natured average Joe's would be able to pull replaced them and likely be hailed as heros by comparison.
No. Not Lance. He's cut from the same arrogant, greedy, narcissistic cloth as our current crop of politicos.
Look where politicians live and how rich . As they say, point me to a rich public servant i will point u to a corrupt .
Great information thanks Adam and lance
As would millions of others.
Hey Adam, you handled Lance's comment on your viewpoint very well! And Lance does make perfect sense for investors! Thank you both!
I’m broke and can’t invest but I like listening to this show
I have, but I would never invest in over-inflatting market, therefore I trade.
Scrape really hard and force yourself to put $100 a month into T-bills for a few years. You'll have a few thousand to invest at that point. It's OK to start small. Just get started.
Lance is absolutely correct about the need to give solutions instead of only discussing future problem scenarios. Most TH-cam channels just discuss what may happen, but never give any actionable advice or steps to take.
You guys debate was WAY better than the one last night.. Did like and appreciate the info that came out of the differing opinions.. This was by far one of the better shows I have seen in the years I've been tuning in each week to it. Keep keeping it real guys,,
We'll give Lance his much deserved vacation. Looking forward to Mike Lebowitz's take next week. Good session this week. Thank you.
Can't use 20-year-old metrics to judge stock values. Today, we're fueled by historic levels of QE debt. The central bank has pledged to continue QE during any downturns. Stocks will continue to rise for years, as will real assets, all fueled by taxpayer debt. At some, it will all come crashing down, like the guy who takes a cash-out mortgage on his house and says "I'm rich!!" It will all crash.
Would be nice if "noblesse oblige" became a thing again among the well positioned.
I just wanted to say to you two gentlemen, when together, one of my favorite TH-cam podcasts. I really enjoy the thoughtful analysis. Keep up the good work and a big THANKS !!?
Lance is gold!❤
Inflation is understated so GDP is overstated.
The job numbers from the BLS are totally manipulated using bogus birth-death model assumption. I read that there has not been one full time job created in the last 15-18 months. It’s all part time jobs - most are likely going to people already employed to make ends meet.
If you drive for Uber and Lyft that’s two jobs that don’t pay as well as one full time job.
Correct a lot of GDP "growth" is actually an understated rate of inflation. A lot of GDP "growth" is people paying more for the same thing. Also higher interest rates increases the cost of money another one is tax increases from also no counted as inflation.
Reminds me of being in 4th grade watching kids trying to blow
a bubble bigger than than anyone else with their chewing gum.
They always ended up with the gum all over their face.
Always my favorite time of the week adam brother was still on vacation in Greece. Hope you’re having a great summer with the family take care of the madness of the wild West in the Bay Area.😊
“I know your here for the scintillating conversation first and foremost lance” 😝😂 very dry Adam! I look forward to you guys every week. 👍
Wood grain background! YES!!
Hilarious that Adam didn't get the debate joke, that was so funny!!
Adam's current background looks like bathroom shower panels. Adam didn't get the joke because he didn't really watch the whole debate.
@@robc8468🎯
Lance says “I eat my own cooking.”
That was hilarious! Great show as always.
Lance and Adam... The best show on TH-cam
So much to think about in this podcast that I’ll play it again and make notes! I agree with you that many business-oriented shows are actually marketing or “infotainment” channels. As a DIY investor with a husband who doesn’t care about money (he doesn’t spend a lot either) I feel the pressure to keep us saving and investing. I feel like I got some good pointers today on how to find the sweet spot for our family’s risk tolerance. Thanks guys!
I’m so tired of waiting and worrying that I made a mistake. Will equities revert to the mean? Will the fed and the government let it happen or do they want to keep widening the wealth gap?
AWESOME interview. You understand my concerns well. Thank you for clarifying where we are today and what the immediate and LONG term issues are. Lance's response brings me peace of mind for now. Thank YOU
Excellent show. Enjoy the comments at the end outlining best practices for wealth building! I'm doing most of them already.
Great show as always. Point, counterpoint on Adam's Macro Outlook was insightful.
Thanks, Lance and Adam... I'm trading on the weekly chart. All I need is watching your weekly market recap 🎉🎉🎉
It's surprising that such high quality content isn't more heavily trafficked. Great conversation as usual Adam!
I have been wondering about the closing points for a few months. Now that the terrain has changed with so many alternative sources of information available, do the MSM controlled business channels have the same power to drive up markets as in the past? I'm still wondering. Thanks..........
You guys are the best! This is probably the best financial discussion on media period. The interaction between Adam and Lance is respectful, smooth and you don't interrupt each other. So true about financial information 10 years ago. Before the financial crisis, I used to "listen" to cnbc with their 2007 commentary " oh, if there will be a recession, it will be very light as the consumer is strong" Yeah, I learned a hard $500k lesson from that lol
So, I'm really thankful for the different perspectives both of you bring. Thanks as always!
Adam & Lance discussion is a weekly must watch for me. Aways learnt something. Thanks.
Thanks for the chapters. Makers it easier to follow.
Love the dynamic. Adam, you come across as very pessimistic, and Lance keeps you in check. The truth is probably somewhere between the two of you, though I suspect it’s closer to Lance. It’s interesting how Adam seems to avoid owning the fact that his view of the future is pessimistic. Lance, you are amazing-I always learn so much from you. Great show!
It's a bit sad to say, but Adam sounds like a broken record. How can he not realize that it's now a couple of years he's saying the same things and the market keeps going up and up. Timing matters
Thank you for providing the timed list of topics within the video. Super helpful. Hope you are able to provide this for every long video you launch.
Thank you Adam and Lance!!
Giving us the education we should have got in school
You have helped me turn my lie around, I watch you every week!!
What fantastic advice: Live frugally and save/invest as much as you can! Cars are a huge waste of money. It is always better to drive something older and paid for. That was a great point that, sadly, most of the people in the 90% stay in the 90% because of poor decisions with money.
I love Adam's question: why markets happy with lower EPS? They reduce target so most companies will beat ER. Unless result is very ugly
Great discussion guys, thank you very much, Adam and Lance! The respectful treatment of your sometimes conflicting positions is exemplary.
👍Thanks, always grateful to hear Lance's trades. 👍
I assume I wasn't the only one to mention the place holder of your studio ;). The studio YOU deserve...not so much us. We have your content :)
Wery intresting to listen.all the best from Norway
Tak!!
the best show, thank you Lance!
Powerful point Lance
Brilliant Video
Yes please advise more
Awesome content
I've got Lance beat- I drive a 2002 Toyota 4 Runner!
Great discussion guys, Thanks!
They didn't mention that long dated yields spiked on Friday.
This is the only one I see with the program .Lance Roberts is inspirational and worth listening to .
Is there a better weekly wrap-up show on finance and investing than this one? If so, I don't know what it is. Adam an Lance nail it every week.
Great discussion.
I appreciate Lance’s very realistic view … I kept investing thru 2022& 2023 and was SUPER glad I did … I bought stuff people hated but was undervalued…..it’s not time yet to keep rewatching the “Postman”…
There are some great undervalued assets out there right now..
Chapter Time Stamps!!!!!!!!
Love how Lance allows us to see exactly how Wall Street thinks
Hey guys... great presentation, as always. Love the long-form content. At market close yesterday I noticed that a lot of financials where announcing they were increasing their dividend and announcing buyback programs. Knowing that financials are first sector to release earnings data in next few weeks that news spooked me! I also noticed the long end of yield curve had ticked up quite a bit with bond futures down almost two points... ES closed at low of day. Very unusual with Friday’s being the traditional day to squeeze market makers using zero day to expiration Calls in the ‘trillion dollar tech club’. Low volume can move markets. It was unusually SKETCHY! Just my thoughts.
I love Lance, and his macro view is absolutely correct when it comes to describing the economy and the money choices to be made by the top 10%. While he is a great balancing force to the more bearish guests here, I am super glad that those bearish guests are here to balance his perspective, which again focuses on how things are and should be operating for the top tier. Relatedly, my hope for your channel is that you will tend towards a more activist approach--and I'm not even sure what that would look like--that promotes, within the bounds of maintaining capitalist fundamentals, thinking that encourages individuals not in the top tier to push for changes that rebuild the ladder out of poverty and inescapable lower-middle class existence. I believe that you believe that, outliers aside, America can't continue to call itself America and continue to exist the way it is. Use your platform to nudge things that way. You don't gotta be a Che or a media Mao: just maybe a capitalist who advocates for "Reset Lite" in the name of saving the whole thing. Love your show, Mr. T. Much respect.
Sucker loozer?!😂
You two are total opposites but you really do compliment each other.
That comment? I burst out laughing
I have a question about Lance's theory about a "permanent shift" in higher average valuations based on zero interest rate policy and huge liquidity. If that policy and liquidity go away, does that still leave us with a permanent shift?
I was waiting for Lance to challenge Adam to a golf game.
Lance, you are one special human being. I'm completely confident that you will remain so your entire life because your years have brought you to this place of humility and idealism. I so appreciate listening to you and your guests regularly.
😂😂😂 If there's one single character traits Lance DOESN'T have... at ALL... it's humility. 😂😂😂 You're funny.
"Magisterial" is a great word to describe Lance. He deserves respect!
You two are the perfect balance. Especially love the last portion of your videos every week. 😊
Thank you
Happy early congrats on getting to 100k subs. I know it's early but I have a feeling July 4th week will be the week
Rock solid week guys, end zone to end zone.
I vote for the Burt Reynolds on the bear rug pic. 😂
Love Adam’s analysis and Lance’s holistic view of the market… the key to wealth is always to save and invest.. you need to do both. I think the markets are going to push a lot higher throughout 2024 with companies like Nvidia, Meta , Google etc but depending on who wins the election the market is likely to pivot to energy companies for a Trump victory or clean energy companies with a Biden victory in my humble opinion
Lance says NVDA oversold. I guess a price of 50 x Sales would be better than current price, 40 x Sales?
Burt Reynolds on the rug. LOL. As always this channel is both informative and humorous.
Thank you very much...
We’re in a needle economy, Be wary, very wary…Get the point!
Great stuff 😊😊
Very true. People sitting on the bench are growing tired and are beginning to list their homes for a host of reasons. Seeing it in my own family.
Haha, great one liner! Perfect!
Yes, veto power and executive actions. Kinda matter. Nice pushback Adam!
You don’t need a good background. You’re all you need.
1:22:53 the problem most people have is that raising kids is expensive and $4,000 a month doesn’t get you far.
You need more income than 4k a month even with just one child. The costs of healthcare, food, and childcare alone necessitate that.
@@bhe8336 that’s what my husband was making when we were stationary in a house. He’s an MRI tech. He took a travel job and makes bit more now but we live in an RV now with 3 kids. That’s the only thing we could do. We sold our house because we couldn’t afford to live in our home town anymore. We can’t travel forever so we will be back down to about $4k-$5k a month again when we have to get off the road. I stay home and homeschool our kids. We knew it would mean that we would be poorer than if I got a job.
@@bhe8336 I’m a stay at home mom and homeschool. My husband makes more for now that he’s traveling and we live in an RV but we can’t travel forever. And we will be back to $4-$5k a month with 3 kids again.
Great show but I got a dumb question ….
When I hear anybody out of the bottom 80% can reach the top 20% by doing X things .
What happens when like 40% of the bottom try to do those X things to reach the top 20% ?
My point is that kind of talk works great on the margin but is not workable ideas for everyone .
Life is a relative game .
Forget having elections. Save all the money and fuss and randomly select a natural born citizen between the age of 35 and 60. We’d be better off.
Gentlemen why does simplevisor not have an app? The interface using a web browser on an iPhone is pretty terrible
Warren Buffett said all stocks are trading above value. This is cost cutting to make the numbers look good for now, but a correction is on the way.
Great video. Both perspectives made sense. QE has destroyed reasonable valuation metrics. But, all that means is reversion will be more brutal. But, "when" is the question as noted. Watched the RE depression in California in 90's. Commercial property dumped at thirty cents on the dollar of construction cost by the Resolution Trust Corporation. This simply undermined values of other properties. Your Federal government at work. Those that had capital made gobs selling into the QE liquidity ten to fifteen years later. Whether its commercial property for the big guys; or a single family residence for most of us; opportunities always comeback in cycles. Just need some capital or access to capital. It starts with savings.
So what was being said is that the market is a junkie and it takes more and more QE each time to achieve the same high.
Thanks for this reality check! People, like us, who saw our parents go thru bear markets plus us who did, know this time can be very painful unless you prepare.
Lance has a good sense of humour 😅
Adam, thanks so much for all you do for our family
You are more than welcome. It's an honor.
I haven't been consuming the show for a bit but I enjoyed it today. The pig in the python, 4th turning, markets are imbalanced because of passive investing, real estate market is in a bubble, etc. message was repetitive, redundant, and the show gets lost in the mix if you look at the suggested videos on screen right which essentially offer the same message. I do / did like the non economic question at the end of the show and I do like the "how to capitalize on the end of the world" idea as well. There is marginal value there for me compared to other straight up doom and gloom shows. Looking forward to the new background and the opportunities to capitalize on downturns segment. Peace.
I’ve beenn on sidelines because I’m scared . Just keep thinking of 2008 . Don’t no what to do any suggestions my gut tells me we are going to crash soon but I’ve so far been wrong
ditto
Buy when there is blood in the streets. If you are out right now, wait for the summer correction, then buy good companies. Ir learn to be a trader.
I have stepped into and out of the markets since 2008, currently holding bond funds, dividend-paying ETFs, and applying extra cash toward paying off mortgage debt. I have thought as well about when to seriously wade into equities again. My rule will be to wait until about 18 months have passed since the beginning of the next recession (the end of the recession may not yet be officially announced) and then average into ETFs and indexes methodically over the following 1 to 2 years. This rule would have worked well in prior recessions (excluding the pandemic selloff, which I think is an outlier.) It may not time the bottom precisely, but it's a likely era of time for growth to be returning.
You guys are great people who have the caring hearts. However Adam is a little too passive here. "Fear is a liar" , sometime, Adam :), Lance is more objective and a great adviser. Very genuine conversation between you guys always.. I am so glad to watch you guys every Saturday. Thank you both and God Bless You and you families.
I love Lance. He's Adam's Xanax.
I was baptised by the markets in 2008. What I would allocate to the markets has been in cash pretty much since then. No way I'm jumping in here, but clearly I'm an idiot.
I understand completely. 2008-2009 got me into some sticky situations, margined out too far after repeatedly averaging down thinking "surely this is the bottom". I am much more prepared nowadays to leave the premise of "things can get really bad" in my mind when investing.
In So Cal houses are selling within weeks at all time highs. I talked to one retiree and his 2 bedroom townhouse (not even a house) sold for $825K - a good area, but a crappy little townhouse.
Nut up. love Lance.
anyone else seeing a topping tail on spx?
Feels like we’re in the late innings of this run because I as an economic bear and cleary being extremely early piled into GICs back in November and getting FOMO seeing NQ and SPY get bought on every dip. Feels so much like early 2020. Who knows though? Have a plan and stick to it.
With regards to Lance’s poo poo response regarding human nature to Adam’s really optimistic postulation of how society could evaluate our morals and values and begin to focus more on real wealth rather than making wealth … ok, boomer. Not every generation was full of paper wealth avarice. The silent generation and world war generations were rooted at times in speculation but it wasn’t culturally dominant and it didn’t outright erode community building like it has now. So I say again to Lance’s pessimism … ok, boomer. It’s already happening with social trend here in Canada, I just think the US culture is considerably less empq towards the suffering of others especially those at the lowest wrung.
He just seems extremely disconnected from what actually being working class is like in this high inflation environment. Why don’t such a large number of people save and invest? They can’t save even when they live frugally. Why? Cause wages have not kept up with debasement.
I think it was a win we need trump back we now had 4 years of each….who did u do better under? Newsome destroyed California 😂 Trump2024🇺🇸
Suggestion: Adam, how about asking Robert Prechter to be a guest?
Adam, you really need a better setup- camera, light, mic, background, etc. The color of the background is way too dark and drab. The visuals are not at the level of your interviews. oh - I can't wait to see the new one!
Yep - new studio is in place. First video with it should hit Thursday
The guest is way off base if he thinks the real estate market has nothing to do with the stock market. Most of the money in this country is in real estate. To think that a massive downturn in the real estate market will not affect the stock market is naive.
During a real estate downturn, banks dig a word out of their toolbox: Curtailment. That means, slicing home equity line limits. People discover they don't have instantaneous access to extra cash anymore, and that can cause myriad impacts to spending habits.
Let's go!.
Lance for President!