We all get rich, at least those who own shares! Global stocks on the way to a new record level. Pretty soon all shares could be worth $100tn, equal to 111% of global GDP. pic.twitter.com/HiPPDBEBMj
— Holger Zschaepitz (@Schuldensuehner) November 22, 2020
Just to put things into perspective: If added today, #Telsa would rank as the 8th largest S&P 500 constituent. Measured by the P/E ratio, it would be one of the most expensive stocks in the index. (Chart via Goldman) pic.twitter.com/8W28f4CNtu
— Holger Zschaepitz (@Schuldensuehner) November 22, 2020
ECB Lagarde warned that current economic crisis could morph into a financial crisis.
“Risk I see is that potential financial spillover, which we managed to avoid so far"#ECB #EuroZone #recession #crisis https://t.co/P6WmnP9Mjp pic.twitter.com/sUrsuyD6XX
— GnS Economics (@GnSEconomics) November 22, 2020
To set the record straight:
The median earnings yield for the tech sector is near March 2000 levels.
Investors focusing on market cap weighted measurements are completely missing the full picture.
Valuations are truly historic for these high-flying stocks. pic.twitter.com/Gt6ZasgTli
— Otavio (Tavi) Costa (@TaviCosta) November 22, 2020
ICYMI! The #FederalReserve is now the biggest 'sponsor' of US government #debt. ht @LizAnnSonders @biancoresearch pic.twitter.com/dpXsqwAXWW
— jeroen blokland (@jsblokland) November 22, 2020
This really says a lot about our society. People are so ungrateful these days…… pic.twitter.com/anat8NeZuR
— Captain Nasdaq (Deceitful) (@CaptainNasdaq) November 22, 2020