The Fed: “we don’t see any signs of bubbles”

The Fed: "we don't see any signs of bubbles"

Central banks are literally re-creating the 'Roaring 20s's, but starting at the peak post WWII debt levels & with minuscule rate cuts left🤔🤦‍♀️@judyshel @RobSKaplan @neelkashkari @marydalyecon@EricRosengren @RaphaelBostic @RalphNader pic.twitter.com/DMpzYVsVXh

— M/1_LP (@MI_Investments) February 5, 2020

"Goldman carried derivatives exposure equivalent to 5,400% of assets at the end of the third quarter, compared to 1,900% and 2,600% for J.P. Morgan Chase & Co. and Citigroup, Inc., respectively." via @GrantsPub

Why are taxpayers backing hedge funds?@NewYorkFed @USOCC @FDICgov pic.twitter.com/eFVXvxTijw

— Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) February 5, 2020

https://twitter.com/LPCLoans/status/1225087627604480002

Time for the valuation insanity of the day. $AYX is in the fiercely competitive, high overhead IT services business, a massive grower…of SG&A! That's OK. It's a SaaS business. So let's give it a 25x EV-to-sales multiple! Never mind the profitability. Y2K all over again! pic.twitter.com/NHgAvpS7mE

— Kevin C. Smith, CFA (@crescatkevin) February 5, 2020

MIT: There’s a 70% Chance of Recession in the Next Six Months

Using a scientific method initially developed to measure human skulls, researchers from MIT and State Street say there’s a 70% of recession in the next 6 months.