Is Facebook Worth Its Current Price?

by John Coumarianos All assets are worth the present value of their future cash flows. Even if you haven’t been to business school and heard this financial theory, you probably have some intuitive sense that if you buy a piece …

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It Calls for Reflection on Current SP500 Valuations

No traditional recession indicators raising their hands, but valuations are https://twitter.com/RecessionAlert2/status/1009848956208271362 With the caveat that a clear improvement in our measures of market internals would shift us to a neutral/constructive near-term outlook, the recent low-volume squeeze has returned the most …

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