The implication is that commodity prices, compared to equities, are currently at their lowest levels in nearly 50 years. This suggests that commodities may be undervalued relative to stocks, potentially indicating a shift in market dynamics or investment trends.
That's true! Also it seems end of cycle for earnings… maybe pic.twitter.com/0CufwOtldg
— Guilherme Tavares (@i3_invest) April 1, 2024
"Is it by chance that every significant pivot point in the #NASDAQ 100 and the BTFP seemed to line up nicely?"
DRAINING RESERVES MAY LEAD TO A TURN LOWER IN STOCKShttps://t.co/HaC5QybUiw @MichaelMOTTCM pic.twitter.com/nlaYTqmXei
— Felipe Adan Lerma (@FelipeAdanLerma) April 1, 2024
Citigroup downgrades U.S. Tech Stocks and says the stock market rally is set to broaden pic.twitter.com/xf1nxIdaIz
— Win Smart, CFA (@WinfieldSmart) April 1, 2024