Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
The Mother of All Melt-Ups
07-26-2017, 08:32 PM,
#1
The Mother of All Melt-Ups
The Mother of All Melt-Ups

This is getting hideous. As of the moment, the S&P 500 is trading at 24.7X LTM net income, the Russell 2000 have soared to 90X, Amazon to 198X and Netflix to 227X. It's just one rip-roaring melt-up and according to the casino's most servile weathervane, it's all because of booming earnings.


http://davidstockmanscontracorner.com/th...-melt-ups/
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)