Just Two Charts

“Earnings” matter… until they don’t. What’s wrong with these two charts?


EBITDA -7% from previous peak…


S&P 500 nominal price +15% from previous peak…


Still think stocks are “cheap” compared to the last cycle?


Charts: Bloomberg


via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/M7FaCMLWD4M/story01.htm Tyler Durden

Leave a Reply

Your email address will not be published.