Thoughtful Money with Adam Taggart cover image

Thoughtful Money with Adam Taggart

Stocks Are EXPENSIVE, Yet A New Buy Signal Just Triggered | Lance Roberts & Adam Taggart

Oct 12, 2024
In this insightful chat, portfolio manager Lance Roberts shares his expertise on the current stock market surge, noting it's one of the best starts in decades, yet caution over high valuations is warranted. He discusses a newly triggered buy signal, the implications of recent inflation data, and the importance of risk management for investors. They explore the psychological hurdles everyday investors face compared to professionals, emphasizing a disciplined approach to navigating today's market volatility for long-term gains.
01:24:20

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Despite a spectacular year for stocks, concerns about high valuations necessitate cautious investment strategies amid market volatility.
  • A new earnings season is beginning that could positively impact stocks, emphasizing the importance of historical trends in earnings expectations.

Deep dives

Record Returns in the Market

The current year-to-date return of the S&P 500 is reported to be the largest since the late 1990s, signifying an exceptional period for stock investors. This remarkable growth suggests that almost any investment has yielded positive returns over recent years. Despite this success, concerns are raised about the relative valuation of stocks, indicating that they are expensive. Investors are advised to remain cautious as the market has experienced substantial volatility, even amidst rising stock prices.

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