McCullough: ‘Gargantuan’ Turn In U.S. Small Business Data

[@deseosuho]

Can you think of any time in history when we simultaneously had 1) the S&P 500 valuation ratios to both M2 and US GDP above the 95th percentile of all prior periods; and 2) the underlying macro economic data bottoming and going positive again? Something is fishy. You're either going to have an equities correction or blow all past records for equities over-valuation out of the water.

[@Noallegiance]

Or b) before a colossal a).

[@bdek68]

Makes no sense! This is crazy town

[@bdek68]

You could not be more wrong to believe we are out of this and we continue to go higher! Worthless content and another pumper. Ask insiders, Buffett, why they are selling?

[@Noallegiance]

@@bdek68 25%+ upside still to go in US equities, I believe.

[@bdek68]

I believe we have 50% plus downside in short order

[@abvincent12]

Since 1980 every Republican administration has left this country in recession: 1980 - 1992 (1990); 2000 - 2008 (2008); 2016-2020 (2019). Business sentiment means nothing when the entire economy since 2008 has required stimulus. Since QE after the deregulation of housing and destruction of millions of Americans the market is up nearly 800%. Now we are running $2 trillion dollar deficits to fuel the asset valuation insanity. So small businesses may feel hope, but it won’t last without more and more trillion dollar stimulus. And if they do, inflation will decimate the poor and middle class with insane inflation. Given the financial perils at hand it’s safe to say most these small businesses won’t even be in business in a few years.

[@ArtOliver-f6p]

Again quad 2 what happened to quad 4

[@willnitschke]

Trump optimism. But is it realistic?

[@patriciomora9663]

Psychology is just as important…

[@willnitschke]

@@patriciomora9663 True, but you can't just be a master trader to trade sentiment, you've got to be a grand master. 🤑

[@abvincent12]

​@@patriciomora9663 numbers don’t lie regardless of psychology. The market is experiencing massive cognitive dissonance - one of the most glaring 8ndicators of a market about to fall.

[@mr3817]

No.

[@chrisraymond2234]

Looks like moving monkeys to me.

[@jimfranklin3885]

👍thx

[@johntrolle8935]

Quad 4 in Q1?

[@chrisraymond2234]

Quad 2…..what happened to your Quad 4 call ?

[@chrisraymond2234]

So you have had a small business recession and the market are still at ath, maybe markets are just slow to react ?

[@matrixist]

Top is in.

[@chrisraymond2234]

Quad 2…..what happened to your Quad 4 call ?