WoW–> "FANGs comparison with October 1929 SPX," h/t @NautilusCap pic.twitter.com/aA4kfYCP78
— Alastair Williamson (@StockBoardAsset) April 25, 2018
REAL ESTATE, REAL EXPENSIVE
First a little math:
đź’° Median #income in US ~$31,000 per year
🏡 Median #housing existing home price in US ~$250,000
Home to yearly income ~1:8 pic.twitter.com/xKvn48J2XT
— OW (@OccupyWisdom) April 24, 2018
Speaking of bubbles, via t.co/C9yC0T6YR9 pic.twitter.com/eWxWlZHiuu
— OW (@OccupyWisdom) April 24, 2018
#NYSE suspends trading in #Amazon, #Alphabet because of their $1,000 #stock prices. Nothing to see here, No manipulation, No bubbles, move along & party like it's 1929! pic.twitter.com/ihWasRV1Tl
— Planet Ponzi (@PlanetPonzi) April 25, 2018
They said – everything is fine — do not worry… pic.twitter.com/UErxupNn9q
— Alastair Williamson (@StockBoardAsset) April 25, 2018
Dead Man Walking–> "So the CFO of Caterpillar said their 1Q results were as good as they'll get this year. Obviously, the market didn't like it… plus if you consider its business, it's not exactly a screaming recommendation of global growth," h/t @DavidInglesTV pic.twitter.com/TjLztYLJou
— Alastair Williamson (@StockBoardAsset) April 25, 2018
What does it say about the #StockMarket when a nominal 3% 10-year #treasury yield, and a real yield of 00.62% (3% minus official #inflation rate), gets panic selling moving?
We’re 9 years into an expansion and still 2% below the average 10 year treasury.
Tell me pic.twitter.com/cXPlm8eDrk
— OW (@OccupyWisdom) April 24, 2018
.@MarketWatch propaganda comes at you fast…3 months? pic.twitter.com/vghDAuNLJH
— OW (@OccupyWisdom) April 24, 2018
#CNBC Shill Kevin O'Leary Shrieks: Stocks Are Cheap, A Good Buy With These Magnificent Earnings. LOL!!!! Yea, Right! They Are A Good BYE, Kevin! Party Like It's 1929! pic.twitter.com/bp4q4d2ZdQ
— Planet Ponzi (@PlanetPonzi) April 25, 2018
Global economic crash WARNING: France urges stress tests fearing worst
GLOBAL economic uncertainty has forced France’s central bank chief to demand stress tests for the country’s lenders to see whether they could cope with another financial crisis in the Eurozone.
Regulators fear the world could plunge into chaos if a new crisis – be it war, protectionism, or an economic downturn – shocks the financial system and causes liquidity to dry up.
They want to ensure there is enough money in the bank to withstand the financial trauma of a worst-case-scenario banking crisis in the Eurozone.
Bank of France governor Francois Villeroy de Galhau told a conference at the French central bank: “To measure the global impact of shocks, we need in particular to have macro stress tests of liquidity, including for investment funds.
“These actors are potentially vulnerable to runs in case of a market shock if they are open and don’t have a way of capping buybacks.”