Chief Investment Strategist / Chief Economist of STA Wealth Mgmt
Contributor's Links: STA Wealth Real Investment Advice

Lance Roberts is the Chief Investment Strategist, Chief Economist and member of the investment committee for STA Wealth Mgmt. His primary focuses are macro trends, financial, fundamental and technical analysis of the markets and equities, credit markets, ... more


Technically Speaking: COT Positioning – Back To Extremes: Q2-2020
The market remains in a bullish trend from the market lows but is very overbought short-term. Despite valuations reaching more extreme levels, economic growth very weak, and a risk of a reduction in stimulus; investors continue to chase markets.
Safety, Liquidity, Or Return. Why Cash Is An Important Hedge.
Equity prices are currently outpacing expectations for near-term profits, forming a price-earnings melt-up akin to what was seen in the late 1990s. Furthermore, the S&P 500’s price-sales ratio is also flashing a similar warning.
Do Investors Know They Are Skiing In An Avalanche Zone?
2020 has been quite a year for the stock and options markets. We have witnessed a gut-wrenching roller coaster ride from highs to lows and back to highs. The volumes have ballooned as discount brokers offer zero commission trading.
“Insanely Stupid” To Chase Stocks As Economy Plunges?
When stocks, gold, and bonds are stretched beyond normal bounds (200-dma), reversions tend to occur. The only question is timing.
MacroView: Universal Basic Income Is Not An Economic Savior
While the idea of a UBI sounds good in theory, they fail to work in reality.
Technically Speaking: Looking For A Sellable Rally To Reduce Risk
The current psychological conditions suggest a short-term top in the markets is likely. Importantly, none of the data suggests the next great “bear market” is upon us.


AAPL Apple Inc.
GOOG Alphabet Inc. (Google)



Latest Posts
Shedlock: 62-Million People Had No Pay Last Week
Over 62 million not-retired people had no pay last week. Nearly 100 million people reported no pay in the reference week. Of those, 37,744,514 had retired.

Work Experience

Radio Talk Show Host
The Real Investment Hour with Lance Roberts
September 2016 - Present (4 years)

Tune in weekdays from 6-7pm for an hour of your money and how it really works.

Lance has been in the investing world for nearly 30-years and has pretty much been there, done that already. The best thing about the show is Lance has a knack for making finance, economics and investing interesting. Don't miss it.

Chief Investment Strategist and Economist
RIA Advisors
December 2015 - Present (4 years 9 months)

As Chief Economist and Portfolio Strategist I work directly with investors to structure disciplined investment portfolios that adjust for risk over time in the markets. I currently manage individual equity portfolios, ETF strategies and mutual fund allocations for the firm.

I also am the Chief Editor of the Real Investment Report and Real Investment Daily Blog that can be found at

Real Investment
December 2015 - Present (4 years 9 months)

Real Investment is the new home for all of the economic, financial and investingcommentary from Lance Roberts. 

Lance has been publishing and writing for over 15 years and his newsletter and blog are read worldwide by thousands. 

Join the website today for a look behind the data at what is really going on with the markets and your money....


Texas State University-San Marcos
1983 / 1987
Business. Activities and Societies: US National Martial Arts Team, Head Coach


Real Investment Report
Lance Roberts
Real Investment Advice

A daily dose of financial, market and economic reality built from the data up without the media spin.