by Empire_Building101
The Ratio of the Market Capitalization or the entire stock market to GDP tells us that publicly traded companies are valued at 43.6% more than the value of all goods and services in the US.
Current market valuation statshttps://t.co/HNEEWCw5SD pic.twitter.com/HBIyQxIloM
— M/I_Investments (@MI_Investments) June 3, 2020
Just to put things into perspective. US stocks very expensive after the recent rally. S&P 500 12 month forward multiple now at 22, S&P 500 24 month multiple at 24, highest since the dot-com bubble at the turn of the century. (via DB) pic.twitter.com/WtlO443Hiy
— Holger Zschaepitz (@Schuldensuehner) June 3, 2020
Yep… and the markets are looking forward to a decade of negative returns in the S&P 500. 😉 https://t.co/Jbf7oU52Uo pic.twitter.com/6fmLksGbD5
— John P. Hussman (@hussmanjp) June 2, 2020
Short positions on S&P 500 futures are at the highest level in 5 years (and this was as of last week) h/t @daniburgz for chart pic.twitter.com/vLxUg2Ex20
— David Ingles (@DavidInglesTV) June 2, 2020
It is remarkable that in retrospect everyone agrees that there was a tech bubble and then a housing bubble but looking at multiple valuation metrics/charts no one today sees a problem.
Does no one in finance apply the scientific method of research and analysis?
Caution. pic.twitter.com/8DgnVE36U4— Jack Scott (@JackPScott) June 2, 2020