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Mitakuye oyasin, Karlene
www.mydivinetiming.com
On Aug 12, 2021, at 16:17, Alan Shrock <alan.shrock@xxxxxxxxx> wrote:
Wall Street On Parade, which is published daily on weekdays, has a very
interesting article today.
It shows the 36 year history of repurchase agreements (repo loans).
The table shows that when there have been rapid expansions in the amounts,
market disasters have followed.
It held true leading up to the dotcom bubble starting in 1999 and lasting
through 2002.
It held true again leading up to the 2008-2009 market collapse.
Looking at the data for 2019 and 2020, we see the same swelling in the
amounts of repo loans.
https://wallstreetonparade.com/2021/08/the-fed-just-published-36-years-of-its-money-data-it-shows-a-spike-in-repo-loans-is-an-early-warning-of-an-impending-market-crash/
On Thu, Jul 29, 2021 at 3:50 PM L. Feldman <dmarc-noreply@xxxxxxxxxxxxx>
wrote:
Dear Friends,
Analyst Bill Poulos recently wrote: "But according to the Buffett Indicator,
which simply divides the total value of US stocks by the US’s annualized
GDP, the market has only become more overvalued since the Covid-19 pandemic
began. When the Buffett Indicator is above the mean average, the market is
considered overvalued. Below it, stocks are seen as undervalued. These days,
stocks are now more overvalued than they were at the height of the Dot Com
Bubble. That level was surpassed with ease back in April of last year.
Warren Buffett, the creator of the indicator, said in 2001 that “it is
probably the best single measure of where valuations stand at any given
moment.” Currently, there appears to be a major disconnect between the
market and the economy." Here's the chart of the Buffett Indicator
<1627588141700blob.jpg>
Is Poulos right? Is there "a major disconnect between the market and the
economy"?
Regards,
Lance
--
Alan W, Shrock
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