10-year inflation swaps surge with the market; ALERT: Inflation-adjusted S&P 500 is severely overextended.

Sharing is Caring!

https://twitter.com/AlessioUrban/status/1854476465766617426

ALERT: Inflation-adjusted S&P 500 is very over-extended

This also happened in:

– 1913
– 1929
– 1965
– 1999

Some of them were strong melt-ups

But the market eventually fell

With at least a 60% drop in inflation-adjusted value pic.twitter.com/sxan7Aqg8a

— Bravos Research (@bravosresearch) November 7, 2024

See also Milei's policies are labeled "brutal" and "fierce" by the media, yet those same words are never used to describe the inflation or the reckless policies that created it.

See also Job market imploding?! The Fed is going to cut rates again next week while food price inflation rises and stock valuations remain at extreme levels. Gold is about to start making headlines again!