Wealthion, Released on 8/5/23

Stocks & bonds both declined this week as more earnings announcements came in and Fitch made a surprise downgrade of America’s credit rating.

Portfolio manager Lance Roberts & Wealthion’s host Adam Taggart discuss those developments in this week’s Market Recap, along with:
1. Is a 3-10% pullback in stocks now underway?
2. What are we learning about the health of corporate American now that more earnings are coming in?
3. What will be the impact of the Fitch downgrade to the US’s credit rating?
4. With bond yields rising, is the long bond/TLT trade in danger?
5. How big a hit would it be to the major indices if AAPL started to really stumble?
6. What are the key aspects to look for in a good financial advisor?
7. Lance’s trades for the week

Lance Roberts has an extensive investing background that spans more than 25 years. He is the Chief Investment Strategist for RIA Advisors and Lead Editor of the Real Investment Report, a weekly subscriber-based newsletter to over 100,000 people nationwide.

Adam Taggart is the Founder of Wealthion. He is also Co-Founder and former President of Peak Prosperity. Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris Martenson (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the ‘startup thing’ (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch. Most importantly, he’s a devoted husband and dad.

  investing, lance roberts, stock market, stocks