Aside from a total U.S. Market Capitalization that is now in excess of 260% of U.S. GDP (the historic norm, not the low, being 78%!) ...
- ... and a Doubly Exponential; f(x)=a^(b^x), Central Bank(s) push in equities, up to this point, ...
- ... and the leverage in the system (U.S. equity markets) now easily the eclipsing all previous records, by any measure, not just in absolute terms!;
hussmanfunds.com/wp-content/uploads/comment/mc210201p.png
- ... and since the current SPAC mania is identical to the South Sea Bubble, in as much as: "Let them see not what they do!",
- ... and since the total Market Cap of the top 1500 companies, that were unprofitable for each of the past 3 years, now exceeds $2.5 Trillion,
- ... and because of charts like these;
hussmanfunds.com/wp-content/uploads/comment/mc210201c.jpg
... and;
hussmanfunds.com/wp-content/uploads/comment/mc210201e.png
... and;
hussmanfunds.com/wp-content/uploads/comment/mc210201d.jpg
...- youtu.be/BzAdXyPYKQo
... there are numerous (too many to list) other leading-, as well as coincident-indicators which would all suggest that being long here is very unlikely to turn out well.
Such as;- The valuation of Bitcoin now equates one-fifth (20%) of the entire U.S. Monetary Base;
... and;
- ... and;
from this post;
... and so on. - The valuation of Bitcoin now equates one-fifth (20%) of the entire U.S. Monetary Base;
- youtu.be/BzAdXyPYKQo
Note
Note
Nasdaq vs. Dow (NDX/DJI);What a roll-over looks like.
Trade active
SHORTTrade closed: stop reached
Note
The most likely Top;
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.