BREAKING: Stock market is pricing in Trump's tariffs as one big bowl of nothing; that he and Bessent will negotiate them down to a meaningless level. If that's the case, Trump would have wasted months of political capital and our trade relations are back to square one, though the economy dodges a bullet. But even worse: If the market is somehow misreading Trump or not fully factoring the extent of his tariffs and what they will do to the economy in terms of inflation or maybe stagflation. I saw this misread in the run up to the 2008 financial crisis. Recall how the stock market hit then historic highs in Nov. 2007, just before the bottom fell out early the following year beginning with bond insurers imploding, then subprime lenders, Bear Stearns, Lehman Bros., and all the rest by September. The correction was more pronounced since the initial read was so far off.
The P/E ratio sucks
It's a flawed metric that can easily deceive investors
Here are 8 reasons why the P/E ratio can be misleading (and what to do instead):
WARNING: the Money Supply is officially contracting. 📉
This has only happened 4 previous times in last 150 years.
Each time a Depression with double-digit unemployment rates followed. 😬
Thrilled to present #SPACEID 2.0: One Place for Digital Identities, a next-gen upgrade to our ecosystem.
The upgrade aims to provide an all-in-one solution for #Web3 domain infra, & a crucial step towards our vision of universal name service.
Learn more:
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#SpaceandTimeDB can join on-chain and off-chain data and connect the results back to smart contracts. Learn more about how Space and Time is empowering the next generation of gaming in the latest SxT blog from @cat_uccino: https://t.co/3lFiIaXlmg
DeFi is dramatically shifting the world’s financial landscape. What does the future of DeFi look like, and why is cryptographically guaranteed data such a critical part of that future? Learn more in the latest #SpaceandTimeDB blog from @cat_uccino:
https://t.co/D6sKYqT3Bm