S&P Global Flash US Composite PMI Alert! The headline Flash US PMI Composite Output Index registered 47.3 in October, down from 49.5 in September. With the exception of the initial pandemic period, the rate of decrease was the second-fastest since 2009.

via spglobal: Challenging demand conditions and inflation concerns weigh on US private sector in October. Key findings: Flash US PMI Composite Output Index (1) at 47.3 (September: 49.5). 2-month low. Flash US Services Business Activity Index(2) at 46.6 (September: 49.3). 2-month …

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‘The number of firms in the Nasdaq Composite index is nearing levels last seen during the dot-com bust.’

'The number of firms in the Nasdaq Composite index is nearing levels last seen during the dot-com bust.' https://t.co/tTuPx1NdDI via @thedailyshot pic.twitter.com/LKRTdBKSZH — Jesse Felder (@jessefelder) June 1, 2022 The Zombification of Nasdaq https://t.co/tTuPx1NdDI via @thedailyshot pic.twitter.com/Ky8lNMuKkm — Jesse Felder …

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Composite Liquidity Indicator Is Flashing Red As Everybody Is Buying The Same Stocks Irrespective Of Valuation Or Quality Of The Company. Next Week Should Be Interesting!

Investor socialism on the rise as everybody is buying the same stocks irrespective of valuation or quality of the company: The #ETF business has grown from 100 in 2003 to roughly 1,831 funds, managing $3.4tn today. (Chart via SRP) pic.twitter.com/nuiumFhl8d …

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