Don't fight the Fed. The US stock market is the most overvalued to fundamentals in its history. It's poised to melt down quickly on the catalyst of China's Ponzi credit implosion. We are selling FAAMG and buying cheap gold stocks, especially the explorers. Stagflation ahead. https://t.co/DrVYAie5vM
— Kevin C. Smith, CFA (@crescatkevin) September 18, 2021
EVERGRANDE SAYS SIX EXECUTIVES REDEEMED INVESTMENT PRODUCTS IN ADVANCE -RTRS
— FXHedge (@Fxhedgers) September 18, 2021
History will say that COVID concealed the end of the cycle, obscured by central bank euthanasia and duplicitous con men.
This week, gamblers made a "monster" allocation to stonks with liquidity easiest since the July 2007 market top.https://t.co/pVOofhDNJk pic.twitter.com/ZrSUFwWqmS
— Mac10 (@SuburbanDrone) September 18, 2021
Things you only see at the markets top pic.twitter.com/v8eBsGEY3x
— Alessio (@AlessioTMAD) September 18, 2021
Investors are no longer just buying the dip, they are fighting over who gets to buy the dip first: here is Goldman
"Money continues to flow into the market if the dips are small, there is a competition for dip alpha."
— zerohedge (@zerohedge) September 18, 2021
An incredible frame on “we talked to SBF” https://t.co/yTrd4rb5Gb pic.twitter.com/AA5Fckicvj
— Myles Udland (@MylesUdland) September 18, 2021
ECRI's U.S. Weekly Leading Index growth rate edged down. Read more here: https://t.co/RHHDxUr6Ok pic.twitter.com/jZ50ehzOkw
— Economic Cycle Research Institute (ECRI) (@businesscycle) September 17, 2021