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"Markets in Turmoil" - The Upside of Downside

00:01 - 30/10/18

 

 

S&P 500 earnings are expected to increase 26% this year. If that expectation is met & S&P ends the year at current levels (2640), its P/E ratio would go from 21.4 to 16.8, a 21.4% decline. Would be first year of multiple contraction since 2011

 

 

The fear and greed index is at one of its lowest levels in years

 

 

China Inc. $287 billion perpetual bonds flash warning signs

 

 

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