Weekly Market Recap: Market Pullback Progressing As Expected (So Far) | Lance Roberts & Adam Taggart

Wealthion - Be Financially Resilient · Aug 12, 2023 · 1h 31m

Stocks & bonds continued to decline this week, with both stocks and bonds lower, and daily rallies failing into the close.

Portfolio manager Lance Roberts & Wealthion's host Adam Taggart discuss those developments in this week's Market Recap, along with:

1. Is a 3-10% pullback in stocks now underway? 2. What are we learning about the health of corporate American now that more earnings are coming in? 3. What will be the impact of the Fitch downgrade to the US's credit rating? 4. With bond yields rising, is the long bond/TLT trade in danger? 5. How big a hit would it be to the major indices if…