Tuesday, December 10, 2019

"Economic Market Snapshot PM 12/10/19"

Updated frequently as available.

PM 12/10/19: Gregory Mannerino,
MarketWatch Market Summary, Live Updates
Alert: Watch the % change!
A study, long lost, determined that a 3% drop in the daily % change would be the trigger for an irrecoverable free fall for not only the American economy but the entire global economy as well. The resulting mega-hurricane of margin calls, derivative claims, defaults and bankruptcies would finally and absolutely crush the economy, with extremely dire consequences for us all. Beware... See article "95% Stock Market Loss And A Can Too Big To Kick".

CNN Market Data:

CNN Fear And Greed Index:
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Buffett Indicator: Where Are We with Market Valuations?
"As of 12/10/19 (updates daily): The Stock Market is Significantly Overvalued. Based on historical ratio of total market cap over GDP (currently at 147.4%), it is likely to return -2.4% a year from this level of valuation, including dividends. As of today, the Total Market Index is at $ 31,757.9 billion, which is about 147.4% of the last reported GDP. The US stock market is positioned for an average annualized return of -2.4%, estimated from the historical valuations of the stock market. This includes the returns from the dividends, currently yielding at 1.73%."

Daily Job Cuts, Updated daily.

Visit "ZeroHedge" and "Wall Street On Parade" for the 
very latest daily factual news and information:
https://www.zerohedge.com/, PM 12/10/19:

PM 12/1019:
"Creditors trying to repossess trucks over the weekend. Thousands of drivers on the road, some stranded. Employees left in the dark. Shares plunge 93% this morning from nearly nothing to practically nothing. November was supposed to be the second month in what would be the upturn from the historic collapse in 2019 of orders for heavy trucks. But instead, orders plunged again."                             Read: "Trucking Thrives on Stability, But We’re Now on a Rocky Road”

And soon, the End Game...

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