I mainly trade crypto but after having seen some parity with Bitcoin and SPX, I figured I'd drop this and see what comes back up. Would love to hear feedback on it but my general sentiments are that this thing looks toppy as H E Double Hockeystick!! I recently saw that margin debt is at an all time high, stocks as a % of household financial assets is also at an...
Playing with numbers, trying to view equity valuations through the lens of the modern Fed era. Realtive to M2 it looks like we're in a Bear-Market-Rally even though indexes are at ATH. It looks like we now live in a bizarro-world where equity prices in a Bear-Market go up while the money supply vastly outpaces productivity. The Fed is now saying that they...
I just don't get it, we currently have: Gold at the all-time high Buffet indicator is at the all-time high (because of a huge GDP drop in Q2 ) But we're only 3% below the all-time high on S&P and VIX is at the lowest levels since Feb. Something is wrong here, I think we should definitely see another correction. V-shape recovery is too easy for these...