- Stocks continue to hit fresh highs following a brief September pullback.
- Despite the bullishness, RIA Advisors’ Lance Roberts is warning investors to proceed with caution.
- He highlighted a few indicators showing how precarious a position stocks are in.
It wouldn’t be fair to classify Lance Roberts as the type of doomsday perma-bear who drones on for years about an impending crash, all the while missing out on massive market appreciation.
In fact, Roberts actually recommends staying in stocks at the moment, though perhaps taking some profits.
But it wouldn’t exactly be fair to classify Roberts, the chief strategist at RIA Advisors, as bullish, either. Roberts is warning of heightened risk for investors given where valuations are, a perspective driven by rampant speculation reminiscent of market bubbles throughout history that preceded large crashes.