Short-Term Pullback Ahead: Stocks & Bonds Are Overbought | Lance Roberts & Adam Taggart

To learn what's in store for this new Thoughtful Money channel, SUBSCRIBE FOR FREE to Adam's new Substack at https://adamtaggart.substack.com/In this week's market recap, portfolio manager Lance Roberts reiterates his call for a near-term pullback in both stocks in bonds, as both look overbought given how quickly prices for both have recently risen. After the pullback, which he expects sometime between now & mid-Dec, Lance thinks it's more likely than not that stocks power to new highs by the end of the year. How they'll perform in 2024, though, is a totally different story... Lance and Adam also discuss oil, the US dollar, Bitcoin and the latest recession odds. They also review the wisdom of many of today's most successful living investors, who warn that most retail investors underperform due either to poorly assessing risk and/or letting their emotions drive their decision-making. To read the article by Lance cited during this discussion, go to: https://realinvestmentadvice.com/speculator-or-investor-whats-the-difference/ Lance also shares his trades for the week. #stocks #bonds #investing --- Support this podcast: https://podcasters.spotify.com/pod/show/thoughtful-money/support