Retail investors have piled into US markets this year… S&P 500 index forward EPS growth turns negative

Retail investors have piled into US markets this year 👀

Financial Times pic.twitter.com/HuNkhvWjlv

— Alessio (@AlessioTMAD) February 20, 2023

US P/E ratios are beginning to perk up again. $SPX pic.twitter.com/o3zlSB3pjA

— Ayesha Tariq, CFA (@AyeshaTariq) February 20, 2023

$spx new lows in 2023? pic.twitter.com/Z704eSbhqc

— Álvaro Oviedo (@alvoviedo) February 19, 2023

This is incredible:

Futures now show a 21% chance of a 50 bps rate hike in March!

3 weeks ago, there was a 1% chance of this happening.

Futures also show a (very small) chance of rates rising to 6% this year.

This is the biggest shift in hawkish expectations since Sept 2022. pic.twitter.com/xehS9RJDvV

— The Kobeissi Letter (@KobeissiLetter) February 20, 2023

#Equity #Risk premium now in the danger zone according to Morgan Stanley. pic.twitter.com/q5yx0u33RQ

— Lance Roberts (@LanceRoberts) February 20, 2023