Stocks & bonds continued to decline this week, with both stocks and bonds lower, and daily rallies failing into the close.
Portfolio manager Lance Roberts & Wealthion’s host Adam Taggart discuss those developments in this week’s Market Recap, along with:
- Is a 3-10% pullback in stocks now underway?
- What are we learning about the health of corporate American now that more earnings are coming in?
- What will be the impact of the Fitch downgrade to the US’s credit rating?
- With bond yields rising, is the long bond/TLT trade in danger?
- How big a hit would it be to the major indices if AAPL started to really stumble?
- What are the key aspects to look for in a good financial advisor?
- Lance’s trades for the week
Transcript
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