"Beneath The Surface The Market Looks Terrible" | Lance Roberts & Adam Taggart
Update: 2024-06-29
Description
Today's stock market is like an iceberg, says portfolio manager Lance Roberts.
We can see the surface, which looks fine. The Magnificent 7 stocks -- really now the Mag 5 -- are collectively growing market cap and profits, propping up the overall index.
But if you look below the surface, at the bottom 90% of the iceberg, "things look terrible" warns Lance.
We discuss why, as well any impact this week's presidential debate is likely to have on markets,
For everything that mattered to markets, watch this week's Market Recap.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#presidentialdebate #magnificent7 #investing
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Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
We can see the surface, which looks fine. The Magnificent 7 stocks -- really now the Mag 5 -- are collectively growing market cap and profits, propping up the overall index.
But if you look below the surface, at the bottom 90% of the iceberg, "things look terrible" warns Lance.
We discuss why, as well any impact this week's presidential debate is likely to have on markets,
For everything that mattered to markets, watch this week's Market Recap.
WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com
#presidentialdebate #magnificent7 #investing
---
Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support
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