just wait until 2019…. pic.twitter.com/SPb2JmsmF2
— M/I_Investments (@MI_Investments) December 28, 2018
Understand that Wall Street is valuing stocks on extreme projected earnings growth and record-high margins, when S&P 500 revenues have grown at just 3.5% over the past 20 years, just 2.0% over the past decade, and structural real GDP growth prospects are now down to just 1.4%. pic.twitter.com/t7iGJPtvsT
— John P. Hussman (@hussmanjp) December 28, 2018
Liquidity update $SPX pic.twitter.com/YvXGeghHdI
— Teddy Vallee (@TeddyVallee) December 28, 2018
CNBC: DOW, S&P 500 ON PACE FOR WORST DECEMBER SINCE 1931 pic.twitter.com/U4lGBWRrjZ
— Alastair Williamson (@StockBoardAsset) December 28, 2018
It seems to me this explains with great accuracy what has happened since the 08-09 Financial Crisis. And before as well…
This is from @RayDalio Navigating Big Debt Crises…@DiMartinoBooth @MarkYusko pic.twitter.com/VuW33JGghx
— Jonathan Erlich (@JonathanErlichL) December 28, 2018