Expect a major downgrade in both stocks and the economy. 50 bps cut with stocks at 200% Market cap/GDP 🤷♂️
— Anthony Sarich 🇦🇺🇭🇷 (@AnthonySarich) September 18, 2024
The current ratio of the total U.S. stock market value to GDP, known as the Buffett Indicator, is around 202% as of June 30, 2024.
Buffett is sitting on a mountain of cash for a reason.
This is the most overvalued market in history.
The median sits 63% lower. pic.twitter.com/wDZCLl7NwQ
— The Great Martis (@great_martis) August 27, 2024
Ladies and gentlemen, I present to you the most overvalued market in history.
"Let's cut interest rates to stimulate the economy"😂
The Buffett indicator pic.twitter.com/b8ckcBa3qs
— The Great Martis (@great_martis) September 17, 2024
🚨US JOB MARKET DETERIORATES🚨
Number of permanent job losers who are not on temporary lay off ROSE by 324K or, 15% Y/Y to 2.46 MILLION in August, highest since November 2021.
It has risen for 16 STRAIGHT months, longest streak since the Financial Crisist.co/CEBTdcGEzk
— Global Markets Investor (@GlobalMktObserv) September 18, 2024
could be – either way its an emergency move
— Avron (@Avron_p) September 18, 2024
The Fed won't save stocks, sell the first rate cut, says Stifel
— unusual_whales (@unusual_whales) September 18, 2024
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