Is This The Peak Of The Stock Market? | Lance Roberts & Adam Taggart

The world is in love with US stocks right now.

Valuations are at or near all-time record highs. Same with measures of euphoria and investor confidence in stocks.

US stocks have never made up as a great a percentage of global market cap as they do now.

Retail investors (including seniors!) have never been this long stocks.

As portfolio manager Lance Roberts explains in this interview, we only see conditions like these are market peaks.

So, is the stock market peaking here?

Lance and I discuss the odds, as well as his key takeaways from 2024, his market outlook for 2025, and his firm's recent trades.

For everything that mattered to markets this week, watch this new Market Recap.

#stockbubble #marketcorrection #corporateearnings

00:00 - Adam's Tragic Story
03:43 - Santa Claus Rally In Jeopardy?
06:26 - Lance's 2025 Outlook
22:46 - Could This Be The Next Black Swan?
29:20 - Why Corp Earnings Will Likely Disappoint In 2025
48:53 - Is Main Street Commerce A 'Dead Man Walking'?
1:01:10 - Gratitude + Big Announcement
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We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such.

We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor in good standing with the Financial Industry Regulatory Authority (FINRA) who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance.

IMPORTANT NOTE: There are risks associated with investing in securities.

Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods.

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[handler]

Time stamps are a most welcomed addition!

[gailjacobo]

Adam, what an example of responsibility and commitment to your viewers and your work. BRAVO

[DavGreg]

My Mom went through Hospice and I understand what you mean. I also work in healthcare.
3 things:
Every day that you awaken and can get out of bed healthy is a gift and we should always be mindful of that - so many cannot.
Every time you take your leave of a loved one tell them you love them - it could be the last time regardless of age.
Do not put off the things you know you should do and the things you want to do - get started living today.
Blessings to all.

[chanhuang]

Thank you. I was not expecting a video of weekly reviews with Lance. A nice surprise!
Hope both of you had a merry Christmas with your families. Happy new year to both of you!!

[begelston]

From this video, I'm learning that: fundamentals don't matter, P/E ratios don't matter, forward earnings ratios don't matter, historical trends don't matter, GDP growth doesn't matter, cumulative S&P sales growth to S&P index ratio doesn't matter, NOTHING MATTERS EXCEPT THE FEDERAL RESERVE "PUT".
That means that your money's purchasing power is going to RAPIDLY be destroyed in exchange for this convenient ILLUSION of wealth and inflation is going to run hot while they suppress interest rates. Let's pray that the bond market brings some discipline to this farce. Gold/Silver/Bitcoin?

[gscorsone]

Lance mentions that GDP growth has been good. It’s odd that no one mentions 6% of that is deficit spending. Therefore we are currently in a recession if that is removed.

[gsmith]

Way to soldier through Adam. Happy New Year.

[eb]

Love Lance and wish we had him in Australia. Very much enjoy watching you both. Thank you

[hickok]

I always enjoy your show.
You done good on that background wall, by the way.

[MonGoose-zi]

Lance is in the Major Leagues on that field in the game. Definitely not a spectators sport, easy from outside watching. He does use every tool out there and stays current to stay on that field. He has a great team for sure. Wanted to thank Lance for this year and you Adam.

[jonh]

Hi Adam, you mentioned family farms being almost non existent in the US and that big corporations have taken over. In the UK our new Labour Government met with Bill Gates ( US largest farm owner) and Larry Fink of BlackRock. Shortly afterwards Labour did a budget introducing new inheritance taxes on family farms and family businesses which will destroy many, killing off competition and enabling large corporations to come in and make loads of money. It's pointless setting up a family business anymore and growing it to any decent size in the UK which is why many are selling up and leaving the country and why the UK will go into recession.

[briankish]

I love the way you guys reflect on whether certain things are good for society or not. Love Thoughtful Money! 🙏❤️

[John-yzdp]

Merry Christmas guys. Thanks for all your useful advice and best wishes for 2025!

[Jalleur]

Lance's sound still not good. Quite distorted.

[janesmith]

I love seeing and learning from Lance every week. As the year has gone by, I appreciate his intelligence and vast experience more and more. Adam and Lance make a great team! Happy New Year to all!

[Ficus]

Looking forward to having Steph Pomboy on a regular basis! Good stuff, thanks!

[ross]

Another great video with Mr Roberts. Great news regarding Ms Stephanie Pomboy! I'm nervous about the year to come, regarding my investments, but looking forward to TM in 2025!

[KevinintheUSA]

❤Another great show Adam
Lance‘s commentary is probably one of the most humbling and realistic outlooks for market expectations I’ve heard a very long time.
😅Past performance is not a prediction of future performance. 😮
Repeat!

[joshnaughton]

Thank you adam and lance! You two are a major highlight of my week ! Happy New year!

[WhiteCarbon]

Great weekly recap Lance and Adam. The analysis of earnings for 2025 was very good. I would like to see this chart again quarterly when actuals come in and estimates change.