The Return of Speculation [2/8/21]

There are speculative manias in all kinds of things--not just the stock market. The siren-song always is, 'this time it's different.' A look back at the technologies that have spawned market bubbles--the railroad, automobiles, the Internet; Wall Street's job is not to protect you in your investments; Wall Street's sole purpose is to sell you product. Where there's a demand, someone's going to figure out a way to supply it and sell it. That's hose businesses make money. - Chief Investment Strategist Lance Roberts -------- Articles mentioned in this podcast: https://realinvestmentadvice.com/extraordinary-popular-delusions-the-madness-of-crowds/ https://realinvestmentadvice.com/market-review-bull-mania-the-charge-of-the-light-brigade/ https://realinvestmentadvice.com/wall-street-wins-again-as-gamestop-becomes-game-over-02-05-21/ https://realinvestmentadvice.com/the-fed-zombies-the-pathway-to-japanification/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Stocks #Money #Finance