We now live in a world where “upsetting” the markets is a primary concern of the Fed. Gone are the days when Fed’s job was all about the health of the economy. Everything so highly levered that if markets unravel,fear is everything unravels . https://t.co/4RdDjzVpPd
— Frank Giustra (@Frank_Giustra) February 19, 2020
https://twitter.com/NorthmanTrader/status/1230119498923085824
Year-to-date, pretty much EVERYTHING has gone up: $SPX, gold, USD, Treasury bonds
Over the past 20 years, when $SPX, gold, & USD rallied >2% over 1.5 months while 10 year Treasury yield fell (bonds rallied), $SPX always fell over the next 2 weeks
Good times don't last forever
— SentimenTrader (@sentimentrader) February 19, 2020
— 🤘 Trader J Rae 🤘 (@traderjrae) February 19, 2020
https://twitter.com/NorthmanTrader/status/1230126202863702016
Fed: easing
ECB: easing
BOE: easing
BOJ: easing
SNB: easing
Denmark: easing
Australia: easing
Brazil: easing
Russia: easing
India: easing
China: easing
Korea: easing
Indonesia: easing
Turkey: easing
Mexico: easing
Chile: easing
Philippines: easing
South Africa: easing pic.twitter.com/CPZ5ir8SLu— Charlie Bilello (@charliebilello) February 19, 2020
The S&P 500's P/E ratio moved from 16.5 at the start of 2019 to 20.7 at year end, the largest multiple expansion (+25.4%) since 2001. pic.twitter.com/Z7PbCKGvGv
— Charlie Bilello (@charliebilello) February 19, 2020
A survey of global fund managers showed cash makes up only 4% of portfolios, the lowest since March 2013 https://t.co/cqkEREb5K4 via @WSJ
— M/1_LP (@MI_Investments) February 19, 2020