Weβre living through one of the most dangerous eras in history β not because of war or politics alone, but because of the extraordinary convergence of economic, financial, and geopolitical risks.
In this episode, we break down:
How record global debt, AI-driven speculation, and geopolitical instability are colliding.
Why the current market optimism masks systemic fragility.
What investors can learn from past cycles β from 1929 to 2008 β to prepare for the next regime shift.
The role of central banks, fiscal excess, and policy distortions that have created a fragile illusion of stability.
0:18 - EOM Approaches, Rare Earth, & the China Deal
4:28 - Markets Set New Highs
8:57 - Lance's Grandkid Solution
10:28 - The Dumbest Stock Market in History
12:53 - Why Are Markets trading at 200% Above GDP?
16:26 - Unforeseen Consequences of Passive Investing
21:54 - More ETF's than Mutual Funds
26:47 - Passive Indexing Underwrites the Markets
31:13 - The Causality of Liquidity
34:21 - Bubbles Don't Form, the Evolve
37:25 - Be Aware of the Risks You're Taking
45:14 - Cash Levels and Margin Debt
π Subscribe for weekly market insights, retirement strategies, and financial truth-telling that cuts through the noise.
Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO
Produced by Brent Clanton, Executive Producer
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Watch Today's Full Video on our YouTube Channel:
https://www.youtube.com/watch?v=u9JdDT0xaeM&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1
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Articles Mentioned in Today's Show:
"Retail Leverage Goes to Extremes"
https://realinvestmentadvice.com/resources/blog/rally-into-year-end-3-reasons-to-buy-dips-copy/
"The Most Dangerous Era In History"
https://realinvestmentadvice.com/resources/blog/passive-investing-driving-the-most-dangerous-era-in-history/
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The latest installment of our new feature, Before the Bell, "New Highs, Same Risks," is here:
http://bit.ly/4oxs9x0
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Our Previous Show, "The Art of Retirement Income," is here:
https://www.youtube.com/watch?v=y8LO6P2hwG0&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1
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Get more info & commentary:
https://realinvestm entadvice.com/newsletter/
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