𝓓𝑎𝑛𝑖𝑒𝑙𝑙𝑒 𝓕𝑜𝑛𝑔, 𝕖𝕩-𝕡𝕣𝕠𝕕𝕚𝕘𝕪 Retweeted Liz Ann Sonders
Hypothesis: We are in a shadow universe. Financially speaking (at least)https://twitter.com/LizAnnSonders/status/1263545888519184396 …
𝓓𝑎𝑛𝑖𝑒𝑙𝑙𝑒 𝓕𝑜𝑛𝑔, 𝕖𝕩-𝕡𝕣𝕠𝕕𝕚𝕘𝕪 added,
Liz Ann SondersVerified account @LizAnnSonders
Intuitively, we can sense that stocks have disconnected from earnings estimates; but check out below, which shows that correlation betweeen S&P 500 & forward earnings estimates has been +.90 over past 20 years, but a mirror image -.90 since 3/23/20 pic.twitter.com/7xet0QqXLX
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6:38 AM - 22 May 2020
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