The author of the article (Lance Roberts of RIA Advisors) is IMHO hands down one of the most straight shooting, best Financial experts out there.
He does a radio show in the Houston area that’s now also broadcast live from their studio via YouTube M - Th. Friday, they have two other guys filling in for “Financial Fitness Friday”. Lance also occasionally shows up on Fox Business with Charles Payne..
Can’t recommend Lance’s daily show enough. I watch it every day while working out in the AM and it’s absolutely fantastic. “Must see” for anyone looking to get a straight, no BS view on markets and money.
There’s also a free newsletter that they send out daily with some very good market insight, technical analysis, and a bunch of other great content.
Of course, they’re presumably doing all of this to fish for new clients but I’ve been getting the newsletter and watching the show for months. Even talked 1:1 with Lance at one point. Determined their fee structure wasn’t something we wanted to incur but to their credit they haven’t pestered us in any way since..
But back to his premise..if Lance says it, trust it. He’s in my experience as straight up as they come, and he really knows his stuff.
Inflation in this cycle has just begun, and it will get much worse going forward. The “official” inflation figures are not accurate as “real” inflation is already in double digits.
I am afraid too many people who should be telling the truth about what is happening and what’s coming are not being honest. Sri Lanka, check out what’s going on there.
Thanks for that in put.