How Long Can Stocks Ignore Deteriorating Economic Conditions Across The World?

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via @StockBoardAsset:

Crashing US CFO Confidence implies PMI of 50.3 in Feb 2019, from 59.3 in Nov 2018. The economy is rapidly slowing, and stock market bulls hope policymakers can reflate assets like ’16 – might be much harder this time.

this could be the most bearish chart outlining the US consumer is headed for trouble

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Flattening yield curve suggests higher volatility through 2021

US Economic Sentiment should roll over as has

 

Major US equity indexes have already risen +10% to +13.5% in about 90 or so hours, a powerful move in this bear market.

The mechanics of consumer animal spirits could be the result of the housing industry. With that being said, when housing rolls over, so does confidence in the economy.

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via @zerohedge:

Will stocks rebound or continue sliding? Only one thing matters: is the economy in a recession or not.

via @TeddyVallee:

EPS sector growth composition

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