Wednesday, November 27, 2019

"Economic Market Snapshot PM 11/27/19"

Updated frequently as available.
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PM 11/27/19: Gregory Mannerino,
"100% Irrefutable PROOF: The US Economy IS NOW IN COLLAPSE"
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MarketWatch Market Summary, Live Updates

CNN Market Data:

CNN Fear And Greed Index:
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Buffett Indicator: Where Are We with Market Valuations?
"As of 2019-11-27(updates daily): The Stock Market is Significantly Overvalued. Based on historical ratio of total market cap over GDP (currently at 148.5%), it is likely to return -2.5% a year from this level of valuation, including dividends. As of today, the Total Market Index is at $ 31960.2 billion, which is about 148.5% of the last reported GDP. The US stock market is positioned for an average annualized return of -2.5%, estimated from the historical valuations of the stock market. This includes the returns from the dividends, currently yielding at 1.73%."
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Daily Job Cuts, Updated daily.
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Visit "ZeroHedge" and "Wall Street On Parade" for the 
very latest daily factual news and information:

"China First Capital Group, an investment holding company, saw its equity trading on the Hong Kong exchange placed in a trading halt on Wednesday after it crashed 78% in minutes, reported Bloomberg. The collapse in equity wasn't just limited to China First Capital. Another company that is partly owned by the investment holding company also saw its shares initially crash by 80% but ended the session down 33%. Both moves wiped out $1.2 billion in shareholder value, underscore how the Hong Kong market is fraught with volatility. Bloomberg said the abrupt stock slumps are that "One oft-cited catalyst for the outsized swings is forced selling by major shareholders who have borrowed against their positions. That can lead to a domino effect when companies are connected by investors or business lines." 
Coming soon to a stock market near you...

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• Charles Hugh Smith,
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And soon, the End Game...

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