Make sense?
US Stk Mkt at ALL TIME HIGH ("ATH"):
– 60% of Russell 2k has debt rated JUNK
– CAPE Ratio (p/e) at 33x (2nd highest ever) vs median CAPE of 15.6x (going back to 1800's)
– Price to Revenue at ATH
– Wage growth stagnant
– Consumer debt at ATH
– Inflation risingThis wont end well.
— CommonSats (@CommonSats) August 26, 2018
China slowdown pic.twitter.com/VuVNVKdV94
— Alastair Williamson (@StockBoardAsset) August 27, 2018
Chart: The relative attractiveness of cash vs. stocks continues to improve – pic.twitter.com/yvOQzrfkr4
— (((The Daily Shot))) (@SoberLook) August 27, 2018
Curve flattening is being googled the most ever. Will this time be different, as the economists say, or is the market on to something? We bet on the latter…
FX weekly -> t.co/7DsQsQUKs4 pic.twitter.com/UUCnbOVLf9
— Martin Enlund 🦆🚁 (@enlundm) August 26, 2018
h/t NikM755