S&P 500’s trailing P/E (blue) peaked
in February 2021, which was same
time CPI (orange) started to surge …
over that timeframe, S&P 500 up
nearly 16% |
00:01 - 16/02/22 |
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Biggest one-month decline in NY Fed three-year consumer
inflation expectations on record! Follows the UMich survey
on Friday showing a 40-year high 11% share of respondents
believing in deflation for the next five years! Some people
are with me, Lacy and Gary! |
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Goldman sees a big change coming to the bond market |
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Citigroup awards CEO Jane Fraser $22.5 million for her work
in 2021 after she assumed the top job in February and helped
guide the bank through regulatory hurdles |
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Game and e-commerce firm Sea lost more than $16 billion of
value in its biggest daily market drop after India banned
Free Fire |
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