Sentiment and liquidity are important factors driving the market rally of 2019.
But we must also take into account the reality of earnings and macro to avoid beta-chasing and momentum risk building. pic.twitter.com/Kjre0m4btk
— Daniel Lacalle (@dlacalle_IA) February 24, 2019
PERMABULL: US will never see a bear market
Normal person: what about Europe, Asia, & all the other countries already entering recession?
PERMABULL: won’t affect the US markets
Normal person: 50% of all $SPX revenue & profits come from foreign countries
PERMABULL: buy $SPY
— OCCUPY WISDOM (@OccupyWisdom) February 23, 2019
Global stocks continue their V-shaped recovery despite a very uneven set of economic indicators and below avg global earnings season w/big misses. Stock mkts have gained another $1.5tn in mkt cap this week bringing ytd gains to $7.1tn, equal to combined GDP of Japan & India. pic.twitter.com/Sd1VgxZuwK
— Holger Zschaepitz (@Schuldensuehner) February 23, 2019
Related Posts:We truly are under attack. We need user support now more than ever! For as little as $10, you can support the IWB directly – and it only takes a minute. Thank you. 315 views