Parabolic markets only happened 3 times in 100 yrs. pic.twitter.com/HuXVEZ0l2e
— M/I_Investments (@MI_Investments) February 5, 2020
5-Year CAPE ratio is officially at its 2nd highest level in 100+ years.
Who cares, bulls say:
"Valuations can still reach tech bubble levels."
Please… Debt imbalances today are incomparable.
What we have is a mix of absurd multiples with extreme leverage. pic.twitter.com/jd5g1zo5HN
— Otavio (Tavi) Costa (@TaviCosta) February 4, 2020
NYSE's FANG+ index set its first new high relative to the S&P 500 since June 2018. The 10-stock benchmark is up 18% for the year compared with a 2.5% rise for the S&P 500: @johnauthers via @TheTerminal pic.twitter.com/wnaBMEqJfp
— Lisa Abramowicz (@lisaabramowicz1) February 5, 2020