10-9-25 Recession & Bonds - What Happens When the NExt Downturn Hits

A recession usually means falling inflation and lower bond yields — good news for bond investors. But what if this time is different? Lance Roberts & Michael Lebowitz break down how the next recession could flip the bond trade from bullish to bearish — and why government policy and fiscal stimulus may once again distort the relationship between inflation, yields, and bond prices. 0:19 - US Dollar Impact on Multi-national Companies 3:32 - Expectations for Market Reversal 9:45 - The AI Chase & Circular Money Flow 13:17 - Investments are Based on Hopeful Future Demand 16:28 - The Question of The How & The When 19:12 - The Nvidia - AMD - OpenAI Conundrum 20:07 - Natural Gas is the Only Answer for next 5-years 22:02 - Markets Are Chasing Whatever Goes Up 24:24 - The Lesson for Diversifying 26:15 - Do Bonds Protect Investors in the Next Recession? 32:18 - Preview of Daniel LaCalle Interview 35:38 - Gold is Fueling Dollar Debasement 39:43 - All Asset Classes will Reverse Eventually 43:33 - Is This Time Different? 50:06 - Coming Attractions 👉 Subscribe for daily market insights and portfolio strategy updates. Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Portfolio Manger, Michael Lebowitz, CFA Produced by Brent Clanton, Executive Producer ------- Articles Mentioned in This Video: "Bear Market Losses – A Dangerous Illusion" https://realinvestmentadvice.com/resources/blog/bear-market-losses-a-dangerous-illusion/ "Promised Recession…So Where Is It?' https://realinvestmentadvice.com/resources/blog/promised-recession-so-where-is-it/ "Bubble In AI: Echoes Of The Past, Lessons For The Present" https://realinvestmentadvice.com/resources/blog/ai-bubble-echos-of-the-past-lessons-for-the-present/ ------- Watch today's video on YouTube: https://www.youtube.com/watch?v=jRiri1PY2Sg&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- The latest installment of our new feature, Before the Bell, "Calm Before the Crack? Fragile Markets Keep Rising Anyway," is here: https://www.youtube.com/watch?v=N_kRTrefFWI&list=PLwNgo56zE4RAbkqxgdj-8GOvjZTp9_Zlz&index=1 ------- Our Previous Show, "Markets, Money & Mindset: Live Q&A with Lance Roberts," is here: https://www.youtube.com/watch?v=bpF43_Iqu1g&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=4s ------- Get more info & commentary: https://realinvestm entadvice.com/newsletter/ -------- 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/ #StockMarketUpdate #MarketVolatility #InvestorSentiment #PreMarketAnalysis #RiskManagement #Recession2025 #BondMarket #TIPSvsNominal #InflationOutlook #FinancialPlanning #InvestingAdvice #Investing #Money