Just to put things into perspective. US stocks very expensive after the recent rally. S&P 500 12 month forward multiple now at 22, S&P 500 24 month multiple at 24, highest since the dot-com bubble at the turn of the century. (via DB) pic.twitter.com/WtlO443Hiy
— Holger Zschaepitz (@Schuldensuehner) June 3, 2020
Good morning from #Germany, where the stock market has completely decoupled itself from the real economy. After the rally over 12,000 points, the German stock index Dax is valued at a P/E of 20, highest level since the dot-com bubble at the turn of the century. pic.twitter.com/44rCyPkIwA
— Holger Zschaepitz (@Schuldensuehner) June 3, 2020
???????? #SPX | More than 97.5% of S&P 500 stocks closed above their 50-dma yesterday (1st time in the 21st century) – Bloomberg pic.twitter.com/PQPgNAu1tf
— Christophe Barraud???? (@C_Barraud) June 3, 2020
???????? JPMorgan’s Math Shows Why U.S. Stocks Can Keep Rallying – Bloomberg
*Link: https://t.co/AQEtg1JwDi pic.twitter.com/TQfSuAsxDV— Christophe Barraud???? (@C_Barraud) June 2, 2020
???????? #SPX | With the first-quarter earnings season winding down in the U.S., it’s time to look at the scorecard and it’s not pretty.
*Only two-thirds of S&P 500 Index members managed to beat profit expectations (the fewest since 2012) according to Bloomberg data. pic.twitter.com/YneVyUrknY— Christophe Barraud???? (@C_Barraud) June 2, 2020