The Fed Will Almost Certainly Hike Interest Rate Next Week. This Could Add Accelerant To Market Downturn

Valuations have expanded significantly since Sept 2022

S&P 500 PE has risen from 19 to 25 in just 9 months pic.twitter.com/r6Mk47KHQc

— Bravos Research (@bravosresearch) July 20, 2023

Beware: Long big tech seems to be the most crowded trade in the market pic.twitter.com/eiTzAsXxMl

— Bravos Research (@bravosresearch) July 20, 2023

h/t Hephaestus4