Two Blokes

SPX: 3 Charts That Should Keep Bulls Up At Night

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    Posted by Two Blokes Jun 18 - Filed in General - #TwoBlokesTrading  - 3 views
    A record 33% of S&P 500 market cap trades above 10x price-to-sales, far surpassing dot-com bubble levels and signaling extreme overvaluation. Sales growth is slowing sharply, with leading indicators like the ISM index pointing to negative real sales growth in the coming year.