STIFEL: The current bull market “is more linear than the 1920s and 1990s bull markets, and is just starting the ‘blow-off top’ stage ..” pic.twitter.com/1lzbgZ18oI
— Carl Quintanilla (@carlquintanilla) January 15, 2020
B of A Warning: Rising Correlation & Concentration Risks in the Market
The top five U.S. companies now make up 18% of the total market cap of the S&P 500, the highest percentage in history, according to Morgan Stanley.
Equity put/call ratio hitting extremes lately pic.twitter.com/nUqvpFF52F
— Liz Ann Sonders (@LizAnnSonders) January 15, 2020
fed balance sheet contracted last week pic.twitter.com/66A1XIfvYa
— Alastair (@StockBoardAsset) January 13, 2020
Another huge pro-cyclical bubble, shovelling investors into already overvalued sectors, waiting to burst? https://t.co/ZCjAhhBzlg
— Albert Edwards (@albertedwards99) January 15, 2020
Big divergence.. risks happen fast pic.twitter.com/w7PwBXzk8R
— Alessio (@AlessioTMAD) January 15, 2020
$BAC Now Saying Pulling Back On Credit Cards…
“Responsible Growth” = Tightening Lending Standards…Banks suddenly decided to Tighten Standards?! Not according to the SLOO Survey.
Watch what they do & not what they say…#ConfCall 👇 https://t.co/KSk3YQyf7w
— PlungeProtectionTeam (@gamesblazer06) January 15, 2020
https://twitter.com/MI_Investments/status/1217477227861819392