2 More Scary Charts Because Why Not, Right?
We've spent a ton of time over the last month documenting the mad dash into equities that helped propel stocks to a truly remarkable January.
That mad dash certainly seems to suggest that if retail investors were indeed still sitting on the sidelines, they're in the game now thanks in no small part to Donald Trump's incessant tweeting about a stock market rally that began eight years prior to his presidency.
Another thing that mad dash succeeded in doing was making stocks the most overbought i
Looks like the second scary chart is missing?
It’s free money! Dow 50k!
Probably a single digit % away from the peak here.
The greater fool club is open for business
For some reason the Canned Heat song “Going up the country” just ran through my head.
Better get some gas.