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Proof that profit margins and P/E multiples are more important than economic growth to the stock market’s bull-and-bear-market cycle

00:01 - 18/06/18

1. The 10-year yield TNX is having one of its BIGGEST rallies ever:

2. Look what GLD and SLV are doing:

Corporate bond issuance is down big on a year-over-year basis at almost 17%. This visual shows how many investment grade bonds and high-yield bonds are being issued

Twitter  is having an incredible year. It's up 93% year-to-date. It's also trading at its highest levels since 2015