Technology stocks are literally carrying the entire stock market:
The Nasdaq 100 to Russell 2000 ratio just hit an all time record of 8.3x.
Even in the 2001 Dot-com bubble crisis, this ratio peaked at 8.1x.
At the start of 2020, the Nasdaq 100 to Russell 2000 ratio was just… pic.twitter.com/EYE4gMmIt1
— The Kobeissi Letter (@KobeissiLetter) September 10, 2023
The best way to understand this market:
At some point you have to stop chasing headlines.
Before it's too late. pic.twitter.com/dIijmoYRWY
— Mac10 (@SuburbanDrone) September 11, 2023
3/ The term premium is a driving factor behind the strengthening dollar
The chart shows how the rising term premium is putting upside pressure on long-end rates pic.twitter.com/BTu61TzqNb
— Bravos Research (@bravosresearch) September 11, 2023
In July 2000 they thought ‘this time is different’ too pic.twitter.com/P43N4AaSc8
— Don Johnson (@DonMiami3) September 11, 2023
"But, we have the AI hype cycle" pic.twitter.com/CUU9jLuar6
— Mac10 (@SuburbanDrone) September 11, 2023
JAMIE DIMON SAYS:
IT’S A ‘HUGE MISTAKE’ TO THINK ECONOMY WILL BOOM WITH SO MANY RISKS OUT THERE – CNBC
— FXHedge (@Fxhedgers) September 11, 2023