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Authored by Lance Roberts via RealInvestmentAdvice.com, Since the lows of last December, the markets have climbed ignoring weakening economic growth, deteriorating earnings, weak revenue growth, and historically high valuations on “hopes” that … Read more
by northmantrader Are we hitting the wall here? Markets. Economy. Technicals. Valuations. All appear at a key crossroads here. Last week’s 3% pullback, while in itself not seemingly dramatic, came at … Read more
via @valuewalk: “Corrections happen during growth-rate cycle slowdowns, they don’t require a recession.” – Lakshman Achuthan, Economic Cycle Research Institute valuewalkpremium.com/2019/05/these-high-valuations-are-coming-at-a-time-when-investors-are-heavily-invested-in-stocks/?utm_source=dlvr.it&utm_medium=twitter
Chart: imgur.com/iEhmmxd Source with a lot of interesting charts: Uber Is Going Public: How Today’s Tech I.P.O.s Differ From the Dot-Com Boom Not since the dot-com boom have so many richly valued … Read more
via Zerohedge: In its semi-annual release of the Financial Stability Report today, The Fed continued to warn that asset valuations are elevated, risk appetite is high, and specifically warned about … Read more
Record valuations and leverage alone do not make a market top. Add macro timing: -Faltering consumer confidence-Liquidity drying up-Negative economic surprises-EPS growth deceleration-Yield curve inversions-Extreme VIX short-China shocks to comet.co/9DrQo35QlK … Read more
Do you think there will be many of these tech unicorn companies that will go bankrupt? The tech bubble is ancient history for the majority of investors today. They weren’t … Read more
– US stock market at truly record valuations while profit growth has peaked. – China is in a historic credit bubble & its currency likely to enter a full-blown crisis. … Read more
Excerpted from John Hussman’s Weekly Market Comment, There are three principal phases of a bull market: the first is represented by reviving confidence in the future of business; the second … Read more
via RecessionAlert: We have updated the RecessionALERT Valuation Index (RAVI) forecast models for the SP500 using fourth quarter 2018 data. Stock market valuations continue to pose a “clear and present danger” … Read more
by The Felder Report The following post was based on an excerpt from a recent report published in The Felder Report PRO. Warren Buffett recently said wrote, “Prices are sky-high for businesses … Read more
via trueeconomics: As raging buybacks of shares and M&As have dropped the free float available in the markets over the recent years, Earnings per Share (EPS) continued to tank. Yet, S&P … Read more
via @mcm_ct: US stocks are the most overvalued ever, higher than prior speculative mania market peaks in 1929 & 2000 1. Price to Sales 2. Price to Book 3. Enterprise … Read more
by Lance Roberts What a difference just a couple of months can make. Since the financial crisis, there has been much commentary written about the low forward returns on stocks … Read more
via Bloomberg: hat just happened? I last wrote one of these newsletters on Dec. 20, the day after the last Federal Reserve monetary meeting. (More on my disappearance later in this … Read more
