🇺🇸🙆♂️70% Thinks Stocks recovery in less than 1Y with GDP -45% @BillardPhillipe @AlessioUrban @EconGlobal @TradersCom @LordPolemos @MI_Investments @XRP_589_Theunis @SpeculaThor @bocajoes @tey_west @wheeliedealer @Rafael60980545 @ChileBitcoin @paibad @investor1927 @hedgefundsrati1 https://t.co/MuWMtK0rED
— Antonio Pérez Algás (@apanalis) May 26, 2020
Based on valuation measures we find best-correlated with actual S&P 500 total returns across a century of history, today's run to 3000 on S&P 500 brings likely 10-12 yr SPX returns to negative levels, and rival the 2000 and 1929 extremes. Internals negative, technicals overbought pic.twitter.com/pZuACzjrkX
— John P. Hussman (@hussmanjp) May 26, 2020
if the fed is going buy all the bonds and backstop everything….the entire market reduces to being long or short US treasury bonds therefore all credit risk and therefore stock market risk is just treasury bond risk. hence….. pic.twitter.com/UvV7juUj9s
— hks55 (@hks55) May 27, 2020
"After the monetary system faces the sober reality of a real shock, the truth is that it may never truly return to its prior state.”
Flipping through pages in Collusion and stumbled upon this section in the book. Fitting for what we face today. pic.twitter.com/WyVc0DC7Zp
— Nomi Prins (@nomiprins) May 27, 2020