Warren Buffett Indicator hits 199%, the highest level in history, surpassing the Dot Com Bubble and the Global Financial Crisis 🚨 pic.twitter.com/w5qRdLZwPb
— Barchart (@Barchart) October 16, 2024
Einhorn says it’s the most expensive stock market since at least 1996
David Einhorn, the hedge-fund star who co-founded Greenlight Capital, isn’t thriving as the bull market turns three years of age. Greenlight’s main hedge fund has returned 9% this year, which the firm in a shareholder letter released on Tuesday calls “fine” on a “beta-adjusted” basis, but doesn’t “feel great” compared to the gains for the S&P 500…
Do not be fooled. This market is unsustainable. It’s been that way for at least six months.
There is no justifiable reason for the index is to be this high except that they are weighted so disproportionately toward the mega companies.
The average small business to midsize… t.co/jgWEa8WJyl
— Uncle Milty’s Ghost (@his_eminence_j) October 16, 2024
This is a scary chart, in line with the second one below. Markets appear to be on the verge of something meaningful, in my view.
The stage is set. t.co/kMt7PnPRKf pic.twitter.com/RkPBtkbbsA
— Otavio (Tavi) Costa (@TaviCosta) October 16, 2024
Debt Delinquency Expectations pic.twitter.com/1nVXsvPSRJ
— Win Smart, CFA (@WinfieldSmart) October 16, 2024
Fund Managers reduced their bond allocation by the largest amount in history last month 👀 pic.twitter.com/tXWcajsDdk
— Barchart (@Barchart) October 16, 2024