Lance Roberts
After having been in the investing world for more than 25 years from private banking and investment management to private and venture capital; Lance has pretty much "been there and done that" at one point or another. His common sense approach, clear explanations and "real world" experience has appealed to audiences for over a decade. Lance is also the Chief Editor of the Real Investment Report, a weekly subscriber based-newsletter that is distributed nationwide. The newsletter covers economic, political and market topics as they relate to your money and life. He is also writes the Real Investment Daily blog which is read by thousands nationwide from individuals to professionals, and his opinions are frequently sought after by major media sources. Lance's investment strategies and knowledge have been featured on CNBC, Fox Business News, Business News Network and Fox News. He has been quoted by a litany of publications from the Wall Street Journal, Reuters, Bloomberg, The New York Times, The Washington Post all the way to TheStreet.com . His writings and research have also been featured on several of the nation's biggest financial blog sites such as the Pragmatic Capitalist, Credit Writedowns, The Daily Beast, Zero Hedge and Seeking Alpha. Connect with me on LinkedIn . Learn more here .
Articles by Lance Roberts
- Market Intelligence
The 3 Investing Myths That Could Be Costing You More Than You Think
From your first day as an investor, you are handed a scoreboard. The S&P 500 index. If you beat it, you win; but if you trail it, for any one of a million different reasons, you lose.
- Market Intelligence
The Stock Market’s September Risk Is Bigger Than It Looks
The Nasdaq Composite finished at 26,506.99 and the Dow at 53,414.25, with the Dow off 0.2% on the week and the Russell 2000 essentially flat.
- Market Intelligence
The Math of Loss: Why Big Investment Losses Are Harder to Recover From
What happens when a bad stretch arrives at the wrong moment in your life? Let’s do the math Wall Street skips, one number at a time.
- Market Intelligence
Druckenmiller’s Bond Market Warning: What It Means for Investors Now
The market remains within a stone’s throw of previous highs, but underlying momentum quietly rolls over.
- Market Intelligence
Democratic Socialism Is Gaining Momentum. What Does It Mean for Your Money?
A durable shift of democratic socialism toward higher taxes on capital, wealth levies, and deficit-financed transfers changes the terrain
- Active Insights
Your Biggest Investing Enemy Is You: The Psychology Behind Bad Decisions
Here is one of the most uncomfortable facts in all of investing. The average investor does not just underperform some fancy benchmark.
- Market Intelligence
A 5% Bond Yield Isn’t a Crisis. It’s a Return to Normal
A 5% long bond isn’t the crisis, it’s the receipt, and the fifteen years when money was free did far more damage to growth than normal interest rates ever will.
- Active Insights
Record Highs: Should You Chase the Stock Market Rally?
Does that mean sell everything and hide? No. It means take the gifts the market is handing you now, while it is still handing them out.
- Active Insights
The Yen Crisis Isn’t What You Think. Here’s What Investors Need to Know
Every time somebody touches the plumbing of the financial system, the same story writes itself on social media before the ink is dry.
- Market Intelligence
The One Signal Behind Every 20% Market Decline in 151 Years
In 151 years, every single 20% market decline was accompanied by a double-digit earnings decline, with zero exceptions.
- Market Intelligence
Wall Street Says Dump Your Bonds. Here's Why That's a Costly Mistake.
Lately, it seems like you can’t open a financial publication without stumbling across another article declaring the 60/40 portfolio dead.
- PowerAdvice
The AI Bear Case Has Three Arguments. Only Two Hold Up.
The AI “bear case” isn’t one argument; it’s three. Burry on earnings. Bernstein on circular financing. MIT on revenue.
- PowerAdvice
Treasuries Didn’t Fail. Investors Misunderstood Risk.
I’ve read the paper, and it is good work. It also doesn’t say what most of the people quoting it think it says.
- PowerAdvice
The AI Capex Bill Comes Due
A number that looks frightening in isolation can be rational once you see the asset it bought and the revenue it is producing.
- Market Intelligence
Three Charts Explaining Today’s Biggest Market Risks
With this new bullish dollar narrative, let’s explore how a strengthening dollar affects the US economy and foreign economies.
- Market Intelligence
Investors Are Watching Margin Debt All Wrong
Most of them can’t measure margin debt risk in any way that helps you manage a portfolio, and the most popular one is the least useful of the bunch.
- Market Intelligence
Have the Magnificent 7 Become the Biggest Buying Opportunity of 2026?
Nearly every major desk, from BofA and Morgan Stanley to Goldman, JPMorgan, and HSBC, is leaning the same contrarian way.
- Market Intelligence
Summer Rally or Summer Correction?
Two weeks ago, after the S&P 500 logged its ninth consecutive weekly gain, we discussed that a bull market pullback was coming. It came.
- Market Intelligence
Inflation Came in at 4.2%—But the Real Story Is Oil
While the doom crowd is frantically telling you that the May inflation print of 4.2% means the Fed is trapped and the bull market is over.
- Market Intelligence
Most People Misunderstand the K-Shaped Economy
But it’s shrinking because millions of households climbed into higher brackets, not because they slid into poverty.
- Active Investing
SPCX Is Firing Up: 3 Businesses to Breakdown
The space launch segment generated $4.1 billion in revenue in 2025 but posted a $657 million operating loss.
- Alternatives & Digital Assets
Oil Markets Are Betting This Crisis Ends Soon
Art Berman wrote an excellent analysis describing the state of the oil market and two distinct messages being debated.
- Market Intelligence
The Biggest Equity Supply Wave in History Is Coming. Should Investors Worry?
The question isn’t whether the equity supply is coming. It’s what happens after it lands. This past week, the market hit an all-time high.
- Market Intelligence
Inflation Looks Hot Today, but Bond Markets Are Already Betting on What Comes Next
It’s worth explaining the math behind CPI and monthly price changes. Gasoline accounts for roughly 3.5% of the CPI basket.
- Market Intelligence
Two-Month Market Rally: What Comes Next?
Here’s the playbook. We continue to suggest trimming the most extended winners back toward their target weights.
- Market Intelligence
Nobody Is Positioned for This Dollar Trade
Today, we will explore the stronger-dollar trade, the one macro trade that nobody is sized for.
- Retirement & Income Planning
Risk Management for Retirees: When to Reduce Exposure
The blur costs retirees real money, because by the time they figure it out, they’ve already sat through a drawdown they didn’t need to take.
- Alternatives & Digital Assets
Michael Saylor’s Biggest Bitcoin Promise Just Died
“Never. No. We’re not sellers. We’re only acquiring and holding Bitcoin.
- Market Intelligence
Nvidia’s “Blackwell Cliff” Never Arrived—But a Bigger Risk Remains
Based on Nvidia’s last earnings report, the data and executive commentary tell a different story.
- Market Intelligence
The Dollar Isn’t Dying — It’s Expanding Its Global Grip
Dollar dominance isn’t fading. In fact, the events of late April 2026 just delivered the loudest counter-signal in years.
- Market Intelligence
Consumer Confidence Is Falling: Will Bond Yields Follow?
The normalization of oil prices, coupled with weaker demand for many goods and services, should push bond yields back to or below their pre-war levels.
- Market Intelligence
Wall Street’s 20% Bear Market Rule Is Breaking Down in Modern Markets
After three decades of watching market cycles play out from both sides of the trade, I’ve come to a simple conclusion: Wall Street’s love of simple rules is one of the most dangerous aspects of investing.
- Active Investing
SpaceX Mania Meets a New Fed Chair: The Market Risks Investors Can’t Ignore
Make no mistake. The SpaceX IPO will be enormous, and the company is one of the most impressive of our generation.
- Market Intelligence
Bond Market Alarm Bells Ring Again as Yields Hit One-Year Highs
Last Friday closed with the 10-year Treasury yield at 4.60%, a one-year high, and the doom commentary about rising interest rates was waiting before the bell even rang.
- Active Investing
Its Not Just Nvidia: Three Chips Power The Boom
To better appreciate the chip boom, we summarize the three distinct chips that an AI server requires.
- Market Intelligence
Software Stocks May Be Preparing for a Powerful Comeback Against Semiconductors
Some political pundits think that Iran holds important negotiating cards versus the US if it can control traffic through the Strait of Hormuz.
