WSJ: Money-Losing Companies Mushroom Even as Stocks Hit New Highs
The percentage of listed companies in the red is close to 40%
Analysts made larger cuts than avg to earnings estimates for Q4 2019; on a per-share basis, estimated earnings for Q4 decreased by 4.7% from September 30 thru December 31 [larger % decline than 5y avg (-3.3%), 10y avg (-3.1%) & 15y avg (-4.4%) for a quarter] @FactSet pic.twitter.com/ECW39iCQBL
— Liz Ann Sonders (@LizAnnSonders) January 10, 2020
The Fed is pushing the world into investing at the highest valuations ~OF ALL TIME~, when they know it's far worse b/c corp earnings are artificially inflated by the incredible use of debt over the last decade (and QE). EV/Sales is actually double/triple what it appears. pic.twitter.com/nQDd1QZW9B
— M/I_Investments (@MI_Investments) January 10, 2020
The Ghosts of 2000: NorthmanTrader
I made the point that the action by the Fed is similar to what it did in the run up to Y2K. Once that was over Greenspan withdrew liquidity and markets crashed.
Jeremy Siegel Worries the Hot 2020 Stock Market Could Collapse
“I’m a little bit worried that if it continues much longer that something will puncture it and people will get off the train,”
Americans Own a Lot of Stock Right Now and That’s a Bad Sign
This indicator, which boasts one of the best track records of all in forecasting the market’s 10-year return, is still projecting well-below-average gains.
- Stanford business study shows bank values are actually $2trillion lower than book value
- Fifty More US Banks on the Verge of Failing
- Putin Announces Agreement for the Yuan to Become the New Global Reserve Currency
- Incredibly Good Article in The Economist About the Banking Crisis
- Are They Actually Trying To Crash The Economy On Purpose?
- UBS may bail out of the Credit Suisse deal, too many issues.
- UKRAINE WAR ENDING?
- To the moon! The interest payments of the US Government as old debt is rolled into new one.
- The UN Moves to Take Control of ALL Water
- Elon Musk responds to Biden’s bullshit nationalization of land in Texas
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