{"id":50395,"date":"2020-01-02T15:04:59","date_gmt":"2020-01-02T20:04:59","guid":{"rendered":"https:\/\/olduvai.ca\/?p=50395"},"modified":"2020-01-02T15:05:02","modified_gmt":"2020-01-02T20:05:02","slug":"the-last-time-markets-were-this-over-valued-dotcoms-crashed-the-vix-complex-collapsed","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=50395","title":{"rendered":"The Last Time Markets Were This Over-Valued, DotComs Crashed &#038; The VIX Complex Collapsed"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.zerohedge.com\/markets\/last-time-markets-were-over-valued-dotcoms-crashed-vix-complex-collapsed\">The Last Time Markets Were This Over-Valued, DotComs Crashed &amp; The VIX Complex Collapsed<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>If you&#8217;re buying stocks here<\/strong>&nbsp;with both hands and feet, these are the &#8216;facts&#8217; you&#8217;re accepting&#8230;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The market has never, ever been more complacent&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/2020-01-02_7-27-52.jpg\" alt=\"\"\/><figcaption><a href=\"https:\/\/money.cnn.com\/data\/fear-and-greed\/\"><em>Source: CNN<\/em><\/a><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">At least 12 people dead in Kazakhstan plane crash<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The market has never, ever been more highly priced. The last time that the S&amp;P 500&#8217;s price-to-sales (far harder to manipulate that P\/E) was March 2000 (right before the dotcom collapse) and late Jan 2018 (right before VIXmageddon)&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/bfm2F7C.jpg\" alt=\"\"\/><figcaption><em>Source: Bloomberg<\/em><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, Enterprise Value-to-EBITDA is near its record highs&#8230;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com\/s3fs-public\/inline-images\/bfmED1A.jpg\" alt=\"\"\/><figcaption><em>Source: Bloomberg<\/em><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, the yield curve trading flatter\/below the credit spread of US senior bank debt has not ended well for markets&#8230;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Last Time Markets Were This Over-Valued, DotComs Crashed &amp; The VIX Complex Collapsed If you&#8217;re buying stocks here&nbsp;with both hands and feet, these are the &#8216;facts&#8217; you&#8217;re accepting&#8230; The market has never, ever been more complacent&#8230; At least 12 people dead in Kazakhstan plane crash The market has never, ever been more highly priced. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[500,28774],"class_list":["post-50395","post","type-post","status-publish","format-standard","hentry","category-economics","tag-market-collapse","tag-overvaluation"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=50395"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50395\/revisions"}],"predecessor-version":[{"id":50396,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/50395\/revisions\/50396"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}