Take a good look all around. EVERYTHING is slowly becoming unhinged or disconnected from normality. The first domino has been pushed.
https://twitter.com/PuffDragon11/status/1448014888568115200 Valuations are coming down. The forward P/E has already compressed by three points (from 23x to 20x), and more is likely on the way. pic.twitter.com/V6iYeOBPv0 — Jurrien Timmer (@TimmerFidelity) October 12, 2021 Home Sales are Falling Apart As Appraisals …