Last time we had this combination, it wasn’t good for equities:
1- % YC un-inverting after reaching extreme levels
2- Monthly RSI > 70
Additionally, some valuation metrics are worse than they were in 2008.
But maybe this time is different..
Last time we had this combination, it wasn't good for equities:
1- % YC un-inverting after reaching extreme levels
2- Monthly RSI > 70Additionally, some valuation metrics are worse than they were in 2008.
But maybe this time is different.. pic.twitter.com/obvCA8WZZy
— Guilherme Tavares (@i3_invest) October 29, 2024
h/t ChampionshipUsed9855
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