RED ALERT: Major Divergence Between Smallcap Stocks And HY Credit Risk, Credit Spreads Have Troughed, S&P Tech To Financials Ratio Has Not Been This High Since The Tech Bubble…
https://twitter.com/OccupyWisdom/status/1003726375872815105 https://twitter.com/MacroTechnicals/status/1003597145637834753 https://twitter.com/OccupyWisdom/status/1003726119722475521 #FANGMAN stocks hit fresh highs as investors continue to lean into secular winners 8yrs into current econ expansion. Amazon has crossed $800bn mkt cap for 1st time. Tech returns have been justified by fundamental growth, valuations much lower compared w/prev bubbles, Goldman says pic.twitter.com/7pFeZOfKff — Holger Zschaepitz (@Schuldensuehner) June 4, 2018 https://twitter.com/OccupyWisdom/status/1003709738062884867 … Read more