, 6 tweets, 2 min read
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The is classic fake news. First the headline to make you afraid. Then the weasel words in the article itself to try to make you think they are talking about something they aren't. Classic misdirection and fear to spook people.

cnbc.com/2020/01/14/the…
Zero data in the article to explain how the figure was obtain. What data was used? What date was the calculation done? Is it based on estimated GDP, estimated earnings or final numbers?

GDP to market cap numbers need the most up to date numbers. The article doesn't clarify.
Is the market overbought? Maybe. It's been a hell of a run and if the economy doesn't continue to grow the market will not be able to sustain these valuations. That's been true all throughout history.
I wouldn't be surprised if we have people take some profit off the table and/or have a small correction. I also wouldn't be surprised if we see the market go higher.

Most bull runs end with a final blow off. We haven't seen that yet. If GDP, employment and earnings remain high
...the market will continue to go higher. If not, it won't. The underlying economic and company numbers are the best way to gauge the value of the market. As of now, those numbers still look incredible and hence the reflection in high share prices.
With the dot com and housing bear markets there were plenty of signs to get out before it all went bottom up. Those signs aren't showing yet with this bull run. History is not a good way to judge of future behavior so who knows.

Still this article is just fear mongering.
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