Market Correction "Near Guaranteed" Given Insanely High Earnings Expectations | Lance Roberts
"It's almost a guaranteed setup for a mean-reverting event"That's how portfolio manager Lance Roberts views the extremely-rosy earnings estimates currently forecasted for 2025 are.In his estimation, these estimates are so far removed from what actual corporate profits will be able to deliver that downwards repricing event is highly likely.The critical question, of course, remains: When?Lance and I discuss this unrealistic estimates threat in depth, as well as Walmarts recent disappointment, the continued weakening the US consumer, shifting investor & CEO confidence, gold, bonds, DOGE, tariffs, inflation, and Lance's firm's latest trades in this week's Market Recap.For everything that mattered to markets this week, watch this video.BUY YOUR TICKET AT THE EARLY BIRD PRICE FOR OUR MARCH 15 CONFERENCE at https://thoughtfulmoney.com/conference