This is not the new normal. It’s the perverted extreme.

https://twitter.com/NorthmanTrader/status/1426141807918858262

Party like it‘s 1999! European equities haven’t had a record-setting streak like current one since dotcom bubble era, BBG has calculated. Stoxx Europe 600 Index on course for a 10th straight record high this month, just 2mths after setting 9 consecutive historical peaks in June. pic.twitter.com/8pEHhKcr6t

— Holger Zschaepitz (@Schuldensuehner) August 13, 2021

#Fed balance sheet hit fresh ATH as Powell keeps printing press rumbling despite rising inflation. Total assets rose by $22.1bn to $8,257.2bn on QE. Fed balance sheet now equal to 36.4% of US's GDP vs ECB's 78% or BoJ's 133%. pic.twitter.com/U0LfjOpPm8

— Holger Zschaepitz (@Schuldensuehner) August 13, 2021

Yes, It’s a Bubble and Yes It Will Burst Soon https://t.co/yWcl80F5Fq

— Graham Summers, MBA (@gsummersmba) August 13, 2021

I don't think anyone cares anymore, but Stocks don’t look attractive on an inflation-adjusted basis. Real earning yield 👇 pic.twitter.com/52ogyARv28

— Menthor Q (@MenthorQpro) August 13, 2021

🌎 #BOC #BOE #BOJ #ECB #FED | Latest data showed #G7 CBs combined balance sheet (BS), converted in USD, increased by more than $10T since Feb. 2020. pic.twitter.com/6oq3z8phIt

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) August 13, 2021

https://twitter.com/asymmetricalpha/status/1426162180144209921

Japan’s GDP likely contracted n the second quarter, putting the economy back in recession. https://t.co/ChZS0Hoicn pic.twitter.com/nKMf8yCHiM

— Daniel Lacalle Official Account (@dlacalle_IA) August 13, 2021