Another two charts today, first one again courtesy of Yardeni Research.
The stockmarket Bull/Bear ratio is a good sentiment indicator. Notice how it has become almost entirely red (over 3 times more bulls than bears) in the last 6 out of 7 years. The 2015-16 pause must be attributed to the highly unusual Presidential election period which resulted in Trump who then proceeded to slash corporate taxes to the lowest level in 80 years.
And here's another stripe chart from the World Meteorological Organization...
I'm troubled to find the two oddly correlated - do you?
CHeck out the recent news that the rotation of the earth has speeded up.
ReplyDeleteThen think about a skater, pulling their arms in, where they speed up. [Moment of inertia]
Then ask, how can the earth speed up AND there be sea level rises caused by global warming?
The two are not mutually exclusive...
DeletePriced for absolute perfection and still going up.
ReplyDelete