Waiting for the Plunge in Stock Markets

This is not going to end well I tell you. We are significantly overvalued at 123%. The question is: "When will it happen?"

I think it happens soon, because when we look at Japan, the GDP estimates there are now in negative territory. Japan second quarter GDP is forecasted to drop 10% year over year. That means the Nikkei will surely plummet and don't even think this won't affect the U.S. markets.

Japan GDP

Stock market overextended

When GDP growth gets consistently revised downwards while the stock market goes up every day, we get an overextended TMC/GDP ratio at 121.3%. Yes, we are in a stock market bubble. The question is, when will it pop? Keep your finger on the sell button.

First it was 0.1% GDP growth, then it was -0.1%, then it was -1% and suddenly today they reported -2.9% GDP growth. Incompetent people...