Don't Chase This Rally | Lance Roberts

Thoughtful Money with Adam Taggart · Apr 18, 2026 · 1h 44m

The S&P 500’s recovery rally is now the fastest since 1982.While a "face-ripping" rally is what portfolio manager Lance Roberts had been expecting to happen, he advises investors not to chase it at this point.He thinks it more likely that a pull-back will happen soon, to higher lows, providing a better buy-in opportunity compared to today's prices.We discuss this, as well as his latest thoughts on the Iran war's potential to continue to influence asset prices from here, whether the reflation trade is back on, what's happening in private credit, as well as his firm's latest trades.For…