What a Mess…

Great news…that sweet taste of coal waste will be back in American streams starting Monday:

Unfortunately, I hear it from a very reliable source that other than the coal industry, everything is a mess.

My son Max watched the Trump press conference and now blames me for the total mess of genes he inherited. I agreed and changed the Netflix and Uber passwords.

Last week I got robbed. The thieves smashed the window of my car and took my golf clubs. They left a mess. Freaking Obamacare.

At least we don’t live in the terrorist filled nation of Sweden.

Global stock markets are a mess. I mean just look at The Global Dow (equal weighted index of the world’s 150 largest companies) at 9 year highs:

Global Stocks Score Another Key Breakout? $GDOW $DGTPost: https://lyonssharepro.com/2017/02/global-stocks-score-another-key-breakout-2/
— Dana Lyons (@JLyonsFundMgmt) Feb. 18 at 07:37 AM

The S&P is in turmoil and now at the highest P/E of the last 13 years:

Highest Forward 12-Month P/E Ratio for $spy $spx $es_f Since 2004 via @FactSet
— brendon_chan (@brendon_chan) Feb. 18 at 10:35 AM

Ok, so not everything is a mess.

Let’s be honest that if you are reading this blog, things are way better than they were in 2004. I know they are better for me because I actually have this blog.

In 2004, there was no Youtube, iPhone, Amazon Prime or Amazon Web Services, no Uber, no Tesla and my taxi driver was my mortgage broker.

The markets continue to rise because trends are powerful phenomenons and the boom that started out of the ashes of the financial crisis in 2008 won’t be that easy to stop.

Software will not stop eating the world and machines can’t be turned off.

Airlines and Apple are the new Geico Insurance.

I hear the word mess, but I will continue listening to the markets.


Originally published at Howard Lindzon.