Author

Lance Roberts 10 posts 0 comments

Lance is the Chief Strategist for StreetTalk Advisors, a financial management company in Houston, TX that specializes in leading the average investor to financial success by actively managing assets and limiting risk in order to capture return. He hosts radio show "StreetTalk Live" on KSEV Houston, TX, and is the Chief Editor of the X-Report, a weekly subscriber based-newsletter that is distributed nationwide. Lance brings fundamental, technical and economic perspectives, combined with a unique focus, to the day’s news helping listeners understand how it impacts their money.

Markets

Historical realities and 50% profit growth

Lance Roberts Mar 6, 2014

There is mounting evidence, from valuations being paid in M&A deals, junk bond yields, margin debt and price extensions from long term means, "irrational exuberance" is once again returning to the financial markets. However, that does…

Economy

Will consumer credit drive the next economic boom?

Lance Roberts Feb 24, 2014

There are two potential issues with the current re-leveraging cycle. First, the increase in the latest report, outside of real estate related mortgages as shown in the chart below, was primarily driven by increases in student and auto loan…

Markets

Correcting Some Misconceptions About A New Secular Bull Market

Lance Roberts Dec 31, 2013

As I was preparing to write my annual "Outlook and Forecast" for 2014, I read many different views from major Wall Street firms to get a general feel of the consensus. However, during the course of my research I read one piece of work in…

Markets

Bernanke/Yellen To Drive Stocks 30% Higher

Lance Roberts Nov 21, 2013

That's right, despite all of the recent "bubble talk," it is entirely possible that stocks could rise 30% higher from here. However, it is not because valuations are cheap because as I discussed in my recent analysis of Q3 earnings stocks…

Economy

Q3 GDP – An Inventory Restocking Story

Lance Roberts Nov 8, 2013

The release of the first estimate of Q3 GDP was initially met with excitement as the headline print of 2.82% growth was far in excess of consensus estimates of 2.0%. Unfortunately, the euphoria quickly faded as the details painted a much…

Economy

Has US retail sales growth peaked?

Lance Roberts Oct 30, 2013

During the government shutdown, the data for a variety of economic reports were halted. Therefore, I looked at alternative, private sector, data to estimate the government reports. One such model used the historical differential between…

Markets

US stock market capitalization higher than any time except NASDAQ bubble

Lance Roberts Oct 25, 2013

It is worth noting that currently both markets are pushing deviation extremes only seen four times previously. The difference has much to do with the "secular market" within which these deviations occurred. The current deviation from the…

Economy

Not all government deficits are created equal

Lance Roberts Oct 22, 2013

"Not all government debt is created equal. We have bad deficits and good deficits. Good deficits are used to fund investments that will have a positive rate of return, properly determined. Those contribute to GDP."

Economy

US retail sales are slowing

Lance Roberts Oct 16, 2013

The recent downturns in consumer confidence and spending are likely being exacerbated by the controversy in Washington; but it is clear that the consumer was already feeling the pressure of the surge in interest rates, higher energy and…

Markets

Corporate profits: In the long run, valuation means everything

Lance Roberts Sep 4, 2013

Regardless of the metric that you use, deviations from the long term growth trend are unstainable and will eventually mean revert.