Retail traders least worried about a crash since 2006, while billionaires hoard cash and insiders sell.

In a nutshell

Buffett and Goldman are calling for a lost decade in the $ES $SPY

And it’s because corporate earnings are now 11.5% of US GDP, when he went into cash in 1999 because GDP was 6.5%

EPS won’t be able to grow fast enough to outpace inflation and the high yields in… pic.twitter.com/Q82ffzyVNR

— InvestiBrew (@InvestiBrew) November 28, 2024