There is a lot of risk lurking with NONE of it priced in…

Evergrande is coming

— Jimothy (@wyohodl) September 7, 2021

Seems important… pic.twitter.com/paO5b7VNLA

— Diogenes (@WallStCynic) September 6, 2021

The peak is in!

More -> t.co/aFzIQida0E pic.twitter.com/qU8aR1KHCM

— AndreasStenoLarsen (@AndreasSteno) September 7, 2021

Buying really expensive stocks has historically been a terrible idea.

There's lots of really expensive stocks right now.

via GMO pic.twitter.com/sgaWyz7b16

— Meb Faber (@MebFaber) September 6, 2021

The biggest problem for the S&P 5000 target is underlying earnings. There is an obvious correlation between economic growth and corporate earnings. Such is because over the long term the economy is what generates corporate revenues. t.co/zsoZWkcceY pic.twitter.com/KlKMJjv3wr

— Lance Roberts (@LanceRoberts) September 7, 2021

I'm so old I remember that when more and more $SPX components dropped below their 200 day moving averages the border market also started to drop.
Must be different this time. pic.twitter.com/M4U9Ty6utC

— Sven Henrich (@NorthmanTrader) September 7, 2021

SOROS: pic.twitter.com/0Wg1wjg0wM

— 🔴 I. Vodenitcharov CFA CMT (@iv_technicals) September 7, 2021

Goldman Cuts Its US GDP Forecast For The Third Time In The Past Month

It’s official: while Q2 was the best quarter for the economy in decades, in Q3 it is now widely accepted that as we wrote a month ago, the wheels came off as a result of a “sudden negative change.”

Goldman Sachs trend line GDP forecast (note the peak)

H/T @ISABELNET_SA pic.twitter.com/2FG42zNUn0

— M/1_LP (@MI_Investments) September 7, 2021

Global Equities Under Pressure As Economic Worries Mount

U.S. shares were mixed and global equities retreated from record highs on Tuesday, as mounting worries over the slowing pace of economic recovery and the impact of the coronavirus Delta variant overtook investors’ hopes the Federal Reserve will delay tapering.