Adam Taggart | Thoughtful Money, Released on 8/10/24

What a week! The unwind of the yen carry trade sent global markets into free-fall on Monday. Equities tanked, as did Bitcoin, oil and gold. US Treasurys jumped, returning to their traditional inverse relationship to stocks. And then…everything reversed. Most due to central bank intervention in Japan, as well as some better than expected jobs data in the US. So, everyone is asking: Is the sell-off over? Is now the time to buy back in? Portfolio manager Lance Roberts doesn’t think so (yet). In this week’s Market Recap, we discuss why, as well as his outlook for the months ahead and his firm’s recent trades. For everything that mattered to markets, watch this week’s Market Recap.

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  Thoughtful Money. 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