#Nasdaq Valuations Say You’ll Be Stuck at Home for a Long Time – Bloomberg
*Link: https://t.co/KIlWYwkNRm pic.twitter.com/ILb5VjtO0V— Christophe Barraud (@C_Barraud) August 9, 2020
#Oil industry reels from historic crash – FT
*Link: https://t.co/ccyMRehvg0 pic.twitter.com/Kx0UNWchtp— Christophe Barraud (@C_Barraud) August 9, 2020
Global stock mkts have hit another milestone. All stocks now worth more than 100% of global GDP for the 1st time since 2018, pointing to stretched valuations. For Warren Buffett, a Market Cap to GDP Ratio >100% means stocks in bubble territory. pic.twitter.com/EqPi8A9Tkc
— Holger Zschaepitz (@Schuldensuehner) August 9, 2020
Small businesses everywhere on tight margins are facing a brutal test of survival. Here the US data for revenue broken down by state.
Via @SoberLookhttps://t.co/ewOA87oTGb pic.twitter.com/M4yRuitgyw— Adam Tooze (@adam_tooze) August 8, 2020
10. As you might guess, average holding period has taken a lurch lower (on the back of higher volatility and greater ease of access to the market for the little guy): https://t.co/KZDd5Mzvig pic.twitter.com/OG3O75Q3KX
— Callum Thomas (@Callum_Thomas) August 8, 2020