3min chapter

The Compound and Friends cover image

That Wasn't the Bottom

The Compound and Friends

CHAPTER

The Bearishness of the S&P 500

Warren: It's hard to be bullish for all of the reasons that we're discussing right stocks aren't cheap They have competition and bonds the economy is is not expanding um But also it'shard to be too bearish. I am not bullish until we get that dropped So I don't want to go back to one chart that we missed earlier Uh, this is again from Warren pause. He he had this great chart showing s&p 500 earnings per share which we haven't discussed yet. That's when earnings really start coming down like a recession And then they start so we're not there yet.

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