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LOL THIS CANNOT BE REAL… I would rather eat sh*t alone

May 19, 2020, 10:50 PM by Alex Mark

https://twitter.com/asymmetricalpha/status/1262878808614502400

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Categories On Wire

Record leverage! Small caps have never been so indebted relative to EBITDA. Russell 2000 stocks now trade at a historic 15x EV to 2020 EBITDA estimates!

“This is still the most bearish bear market that we have seen so early in a global recession. It’s too early to call the all-clear.”

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