Has Market Exuberance Gotten Out of Hand? (12/18/23)

(12/18/23) It's the week before Christmas and on Broad & Wall, though Lance's shopping list is empty, he's not hitting the mall! Did markets mistake what Jerome Powell really said last week? The current market rally is long in the tooth: 7-weeks running a buying stampede; correction is inevitable. 46% of S&P is at all-time highs. Will markets drift higher through the end of the year? Santa Claus Rally defined (it extends into January). Has market exuberance gotten out of hand? How much more salary would make you happy? What Dave Ramsey IS right about: Getting out of debt. Stock ownership is on the rise: Almost back to where it was pre-1999. Hosted by RIA Advisors' Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer 2:57 - Correction is Coming 14:50 - Has Market Exuberance Gone Too Far? 30:22 - More money, less debt 44:24 - Christmas Rules, Chinese Buffet, & Stock Ownership -------- Register for our 2024 Economic Summit: Navigating Markets in a Presidential Cycle: https://www.eventbrite.com/e/ria-advisors-economic-summit-tickets-703288784687?aff=oddtdtcreator -------- The latest installment of our new feature, Before the Bell, "The Santa Claus Rally Arrives Ahead of Schedule," is here: https://www.youtube.com/watch?v=g7d8Ke2jCTg&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our previous show is here: "How Much Will You Spend on Your Pet (and other pet peeves) in 2024?" https://www.youtube.com/watch?v=K4tWjBhk9Ac&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=2&t=188s -------- Articles Mentioned in this Show: "The Markets Are Front Running The First Rate Cut" https://realinvestmentadvice.com/the-markets-are-front-running-the-first-rate-cut/ "The 'American Dream' Isn't Dead. 10-Steps To Achieve It." https://realinvestmentadvice.com/the-american-dream-isnt-dead-10-steps-to-achieve-it/ ------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- Register for our next Candid Coffee: https://us06web.zoom.us/webinar/register/6316958366519/WN_jCrzdX9uSJSrg5MBN5Oy8g ------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #ChristmasShopping #MarketExuberance #MarketRally #MarketCorrection #StockOwnership #DaveRamsey #Markets #Money #Investing