Buying markets at a forward P/E of 23 because a central committee self-admittedly has flooded the system with money it has digitally created is not investing. It’s stupefied herd behavior. And no, it doesn’t build immunity.

https://twitter.com/NorthmanTrader/status/1262688423896375299

Price/Earnings to Growth (PEG) ratio is Price to Earnings (P/E) divided by the expected earnings growth rate. This particular example shows a 5-year earnings growth expectations.

The ratio's value is the highest for at least 25 years

How this ratio is broken or it isn't at all? pic.twitter.com/kOZiNhDjwS

— Sebastian Sienkiewicz (@Amdalleq) May 19, 2020

https://twitter.com/FerroTV/status/1262677830749622272

What a bullshit.. printing money means higher inflation.. they should change it in asset inflation pic.twitter.com/AQ5dbIygQE

— Alessio (@AlessioTMAD) May 19, 2020

https://twitter.com/GreekFire23/status/1262721229443784710

Consumer spending item changes pic.twitter.com/DvcUQOn559

— Win Smart, CFA (@WinfieldSmart) May 19, 2020

Jefferies: Retail closures by location have declined modestly, and restaurant bookings have improved marginally but are still down 94% y/y
Without sharp improvements in these areas, many businesses – small ones in particular – will eventually have to close their doors forever pic.twitter.com/QvjUYo30Yi

— Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) May 19, 2020

Will the Fed buy all of these? pic.twitter.com/XoFcKUKTts

— Win Smart, CFA (@WinfieldSmart) May 19, 2020