The S&P 500 is expensive on 19 out of 20 metrics, according to the BofA analysis.
Some metrics such as the Buffett Indicator (Market Cap to GDP ratio) are over 100% above historical averages. Source. Global Markets Investor
An interesting chart by stocktwit 👉 $PLTR insider transactions in 2024:
• Buys: $0 • Sells: $3,104,510,822.09 👀👀👀👀👀 Yesterday after the close, Palantir CEO Alex Karp has announced a new plan to sell $1.2 billion of stock. $PLTR 🔴 was down -12% in after-hours trading
"... a structural regime shift is finally happening within China's equity market..."
Morgan Stanley drops bearish China call. thru David Ingles on X
Interesting chart by Guilherme Tavares which calls for some caution on US equities:
1-Investors are extremely confident that stocks will go up 2-Individual allocation very high 3-Stretched valuation
We're currently witnessing the longest period of U.S. equity outperformance in history.
But there's a cycle to everything, and international diversification is perhaps more important today than ever before. Source: Peter Mabrouk
Investors are extremely bullish—heavily invested in stocks while betting against everything else.
Cash levels have dropped to just 3.5%, the lowest since 2010, according to the BofA Fund Manager Survey. Source: BofA
European Stocks see largest weekly inflow in more than 2 years 🚨
Source: Barchart
Goldman's basket of Ukraine reconstruction beneficiaries has dramatically outperformed defence stocks since Trump's election.
It's composed of industrials/infrastructure stocks. Source: www.zerohedge.com, Goldman
