S&P 6100 Likely Soon, But Pullback Risk Still Lurks | Lance Roberts

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The correction that occurred in March and April is now officially over, declares portfolio manager Lance Roberts.

He has removed his short positions and thinks the market's bias is to the upside in the immediate term, though he cautions a pullback will happen at some point given how short-term overbought stocks remain.

Lance and I also discuss the implications of Elon Musk's recent pushback on the Big Beautiful Bill, as well as the latest mixed jobs data and the concerning decline in consumer sentiment.

For everything that mattered to markets this week, watch this video.

#bigbeautifulbill #elonmusk #trump

0:00 - Trump-Musk feud and Big Beautiful Bill
5:21 - Congressional spending issues
9:42 - Tax cut renewal urgency
14:21 - Fiscal responsibility awareness
19:20 - Trump-Musk feud’s impact
21:16 - Market resilience amid uncertainty
31:19 - Bull market confirmation
34:42 - RIA portfolio performance
40:32 - Earnings and consumer spending
55:47 - Jobs market mixed signals
1:04:25 - Silver breakout and precious metals
1:10:10 - Nutrition in medical education
1:16:23 - RIA trades and AI/infrastructure thesis
1:19:29 - Rant: When to fight back?
1:39:55 - Insurance and asset protection
1:46:09 - Closing and viewer guidance
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