‘Zombie Nation’? pic.twitter.com/fO5mBj5MSN
— jeroen blokland (@jsblokland) August 15, 2020
#Tech and #Healthcare now make up 55% of the S&P 500. When the annual report show that 88% of active fund managers #underperformed the index, its because a) 55% wasn't in two sectors, and b) they pay taxes, expenses, and have to meet distributions. @michaellebowitz @LanceRoberts pic.twitter.com/gK2RY2drzL
— Nick Lane (@thevaluereport) August 16, 2020
Lot's of talk recently about the massive UPGRADE to earnings estimates.
1) The upgrade was minimal on a dollar basis.
2) It has now been reversed.
3) Index at all time highs, estimates drastically lower than beginning of year with little real growth expected. pic.twitter.com/4XmwSANuk6
— Lance Roberts (@LanceRoberts) August 16, 2020
S&P500 Price/Fwd Revenue pic.twitter.com/79rjmxlDSt
— zerohedge (@zerohedge) August 15, 2020
9. Interesting chart: aka maybe why he focuses so much on the stockmarket…
— Callum Thomas (@Callum_Thomas) August 15, 2020