There is a major disconnect between stock prices and underlying fundamentals

There is a major disconnect between stock prices and underlying fundamentals. US economy-wide corporate profits have been in a declining growth trend and just turned negative. The same pattern led directly to past bear markets and recessions.t.co/pthziakG1d pic.twitter.com/4Hpn64eioF

— Kevin C. Smith, CFA (@crescatkevin) January 30, 2020

Dip buyers, consider the following:t.co/9GuDlmurU4

Thanks for the article @slangwise pic.twitter.com/MpUN2vhGmw

— Otavio (Tavi) Costa (@TaviCosta) January 30, 2020

Macro Madness Series.

➖ Cracks in the U.S. economy
➖ Peak reliance on central banks
➖ Bitcoin as a key solution
➖ China Issues

Thanks @Kevin_Kelly_II & @Shaughnessy119 for having me at the @ChainPodcast

iTunes: t.co/nek4NEOY0I

Spotify: t.co/qVMoTqDrmH pic.twitter.com/iGDxHLm6Hz

— Otavio (Tavi) Costa (@TaviCosta) January 30, 2020

Tesla Net Income, Millions…
'19: -862
'18: -976
'17: -1,961
'16: -675
'15: -889
'14: -294
'13: -74
'12: -396
'11: -254
'10: -154
'09: -56
'08: -82
'07: -78

Tesla Stock Price
'20: 619
'19: 418
'18: 333
'17: 311
'16: 214
'15: 240
'14: 222
'13: 150
'12: 34
'11: 29
'10: 27$TSLA

— Charlie Bilello (@charliebilello) January 29, 2020

Analysts are suggesting that $AMZN's earnings pop is justified on the basis that $AMZN didn't enjoy the rally in 2019 and benefit from multiple expansion.

Meanwhile, $AMZN entered their earnings release with a P/E of 88.

— Brad Huston (@BradHuston) January 30, 2020

Rich getting richer via another Fed induced bubble, while Bottom 90% (green line in chart on right) continue to see little of it #GoldmanSachs charts

Ever heard of Goldman Sachs @RobSKaplan and @neelkashkari ?@judyshel @marydalyecon @RaphaelBostic @benbernanke @EricRosengren pic.twitter.com/fiILR3pQRv

— M/I_Investments (@MI_Investments) January 30, 2020