@LatinaUnbowed @Dainallves @FLOTUS45@jimmykimmel Also we didn't hear shit when her husband killed 185 innocent school girls. Or better get when her husband said they would destroy civilization a week or so ago. Where was she then. She's such a hoe
Paul Tudor Jones says the US is more dependent on equity prices than ever, and explains what a 35% correction would trigger in the economy:
"We're 252% of stock market cap to GDP. In 1929 we were 65%. In 1987 we got to ~85-90%. In 2000, 170%.
If you think about the periodicity of significant bear markets. Since 1970, we get a mean reversion about every 10 years.
Let's say mean revert to the past 25 or 30-year PE. That would be a 30, 35% decline. Well, 35% on 250% of GDP is 80, 90% of GDP.
10% of our tax revenues are capital gains, they go to zero. So you can see the budget deficit blowing up. You can see the bond market getting smoked. You can see this kind of negative self-reinforcing effect.
In the stock market, we're over-equitized as a country. We have the highest individual equity weightings in the history of the country.
And then the real problem is if you look at private equity in 2007-2008, that was about 7% of institutional portfolios. Now it's about 16% of the institutional portfolios. We're so much more illiquid than we were in 2008.
The problem is that if you buy the S&P at this current valuation, the 10-year forward return is negative when you buy the S&P with a PE of 22. That's what history shows.
So yes, the S&P is spectacular long-term, if you have a hundred-year view. But that's because that's an average of a hundred years, including times when the S&P 500 PE was 6, 7 and 8, or one third of what it is right now.
Valuation matters a lot, and the stock market's really high and it's gonna be really hard to make money from here with any kind of long-term view."
@FLOTUS Ain't hear nothing when your husband killed 185 innocent school girls. How about when your husband threatened to destroy the civilization, didn't hear anything then either. Lady, please!!! It shows!!!
@somayeh2015 @financialjuice Clearly, people weren't rising up when IRGC was attacked. Something is clearly wrong with this narrative based on the people's reaction. The majority are not happy at all with what the US is doing. Stop lying.
@Mktrhythms@Banana3Stocks@TriggerTrades Didn't somebody say he expected SPX 6000? Can't claim victory if he expected SPX 6000 and didn't hit before new ATH.
@Danishjzaidi@PaulFranklin76@IRanMediaco Longest civilization.. from Moses, Jacob, Samson, Soal, Davis, ... Jesus,... to today. They didn't start out this way. https://t.co/fZoGOhJ6Sp
@Danishjzaidi@PaulFranklin76@IRanMediaco Half of the population here are mostly uneducated arrogant entitled thinking others are stupid entitled looking for handouts thru invasion & retaliation. The country is in super power(enabled by immigrations during WW2) for too long. Turn around & exploit the longest civilization
@PaulFranklin76@IRanMediaco No, the US and UK were exploiting them since after WWII and then manipulated them that domino effect tripped over people to run for the extremists of the other side that got us here. https://t.co/fZoGOhJ6Sp
@PaulFranklin76@IRanMediaco The worst kind of human being alive are the one who is stupid and arrogant. Now add power to that, it is a pure evil villain.
This was the moment that convinced me it was a staged event...
How else do you explain the flag being lowered perfectly into position, as if the entire scene had been frozen until the flag was in place for that ideal photograph?