US stock market at truly record valuations while profit growth has peaked; China is in a historic credit bubble & its currency likely to enter a full-blown crisis.

– US stock market at truly record valuations while profit growth has peaked.

– China is in a historic credit bubble & its currency likely to enter a full-blown crisis.

– Gold is an extremely undervalued haven currency today.

Here is a composite of exactly when the establishment decided to go full bore bullish $SPX while going full bore bearish $SPX earnings

H/T @sentimentrader @SamanthaLaDuc pic.twitter.com/fQOBwqb6xz

— mcm-ct.com (@mcm_ct) April 20, 2019