Ghastly IMF Forecast Pushes The ‘Buffett Indicator’ Deeper into Danger Zone

The IMF drastically revised GDP projections downward Wednesday. That will push the already unnerving Buffett Indicator to record levels. Stock market valuations are decoupling from corporate multiples as well as economic projections. The forward S&P 500 P/E ratio is hovering at 20-year highs. The International Monetary Fund (IMF) had some terrible news for the stock …

Dow Futures Collapse and This Eerie Chart Risks March Madness Again

Dow Jones Industrial Average (DJIA) futures plummeted on Monday, falling almost 1,000 points at the lowest trough. Volatility is heading back to March levels, possibly hinting at another huge market shock. Morgan Stanley remains bullish, doubling down on the V-shaped recovery narrative. Dow futures teased the lower-bound circuit breakers overnight. Volatility is soaring. Panic is …