Noted bear Albert Edwars earns our chart of the day

Graph showing how earnings have diverged from the S&P 500 to a degree not seen since, yes, 2000.

 What does this mean? “Carnage awaits,” Edwards wrote

 There is no “carnage” yet, as investors appear to be in the buying mood.

 MarketWatch 28 October 2019
More about Albert Edwards at IntCom

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