siffoin
Footballguy
There is nothing misleading about a price chart? And a 17 month time frame isn't insignificant. For instance there were 17 months between November 2007 and March 2009. Don't you think that 17 months was significant?Cute graph. Misleading and wrong, but cute.
Also of interest from that same twitter thread - "S&P 500 earnings are up 30% same time frame (26.96 per share to 35.02 per share)". I haven't vetted that claim, but if even close that's not bad at all. Eventually the markets will reflect that if those earnings hold up for a while.
If you are saying it's cherry picking from a high to where we are now ---I can accept that. But in the same token you are cherry picking your "SP500 earning are up 30% same time frame" Because it isn't the same time frame. $26.96 was from Dec 2017 earnings - and that $26.96 number just happens to be the lowest SP quarterly earnings since December 2016. Meaning you cherry picked an artificial low. If the time frame is Feb 2018-Present - couldn't we also pick SP500 earning from March 2018 (which SP500 earnings were $33.02) and then compare that growth (6% earnings growth not 30%) to now?