One thing we all need to think through is the effect of the global slowdown on US corporate cash flows, hence their desire/ability to buy back shares as cash flows go negative. If that bid goes, there is no bid. pic.twitter.com/COOdPbGevn
— Raoul Pal (@RaoulGMI) February 23, 2020
Interest rates are at all time record lows. Unfunded liabilities and debt are at historic highs. Crash the stock market even a little bit and it’s the end of the western world. Pensions implode, corporate debt implodes, credit markets seize up, list goes on. Ain’t happenin yet
— hks55 (@hks55) February 23, 2020
So Jerome how much are you going to pump next week? Between $50 and $100 billion Christine. And how about thy self? Oh Jerome with the news of Italy I’ll do at least $100 billion myself. Oh don’t be bashful Christine you can do $200 billion. Ok Jerome I will now let’s get a room https://t.co/bNmy5K3y6J
— hks55 (@hks55) February 23, 2020
u.s. equity futures getting walloped pic.twitter.com/lKFoplAob1
— Alastair Williamson (@StockBoardAsset) February 23, 2020
$RTY daily.
Isn't it strange that Russell is still below its August 2018 high despite the fact that Nasdaq, S&P500 and Dow Jones have been making new all time highs for the last several months?
A bearish divergence to reckon with. pic.twitter.com/7UgwDxL78X
— Yuriy Matso (@yuriymatso) February 23, 2020
In 2011, at 5x book the Economist warned of a potential bubble.
Nearly a decade later, Apple is 15x book. This time, after a massive bull run, the Economist has a different attitude towards tech. pic.twitter.com/RPEaYpLMul
— Win Smart, CFA (@WinfieldSmart) February 23, 2020