2024 is giving off major 1995 vibes so far

2024 is giving off major 1995 vibes so far.

The last time we got a soft landing was 1995. The Fed cut from 6% to 5.25% and the $S&P 500(.SPX)$ saw 77 ATH closes.

We have already seen 29 ATH closes so far in ‘24, the Fed is projected to cut in Sept, and a soft landing is now consensus.

Image

A few days before $SVB Financial Group(SIVBQ)$ collapsed and the Fed stepped in with a massive bailout/easing package that put in the 1st higher low.

We were headed to new lows otherwise. Things can change quickly. Adapt or die George.

I have 16x P/E for the Equal Weight and even lower if you strip out the Mag 7. The premium valuations are essentially all in Mega Cap.

https://x.com/Marlin_Capital/status/1802522988203454724

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":317965486268560,"tweetId":"317965486268560","gmtCreate":1718666921941,"gmtModify":1718681702926,"author":{"id":4120382896042882,"authorId":4120382896042882,"authorIdStr":"4120382896042882","name":"DavidMarlin","avatar":"https://community-static.tradeup.com/news/4f415c3ff5550e60135034b2936557a9","vip":8,"userType":8,"introduction":"NYC Equity Trader | SF Quant HF Adviser | CEO of Marlin Capital | Not Investment Advice.","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":227,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/918253a9f2825d70ee03c620c2d2a1e5","width":"680","height":"446"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/918253a9f2825d70ee03c620c2d2a1e5","width":"680","height":"446"}],"title":"2024 is giving off major 1995 vibes so far","html":"<html><head></head><body>2024 is giving off major 1995 vibes so far. The last time we got a soft landing was 1995. The Fed cut from 6% to 5.25% and the <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> saw 77 ATH closes. We have already seen 29 ATH closes so far in ‘24, the Fed is projected to cut in Sept, and a soft landing is now consensus.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/918253a9f2825d70ee03c620c2d2a1e5\" tg-width=\"680\" tg-height=\"446\">ImageA few days before <a data-mention-id=\"SIVBQ\" class=\"teditor-mention\" data-mention-name=\"SVB Financial Group\" href=\"https://ttm.financial/S/SIVBQ\">$SVB Financial Group(SIVBQ)$</a> collapsed and the Fed stepped in with a massive bailout/easing package that put in the 1st higher low. We were headed to new lows otherwise. Things can change quickly. Adapt or die George.I have 16x P/E for the Equal Weight and even lower if you strip out the Mag 7. The premium valuations are essentially all in Mega Cap.https://x.com/Marlin_Capital/status/1802522988203454724</body></html>","htmlText":"<html><head></head><body>2024 is giving off major 1995 vibes so far. The last time we got a soft landing was 1995. The Fed cut from 6% to 5.25% and the <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> saw 77 ATH closes. We have already seen 29 ATH closes so far in ‘24, the Fed is projected to cut in Sept, and a soft landing is now consensus.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/918253a9f2825d70ee03c620c2d2a1e5\" tg-width=\"680\" tg-height=\"446\">ImageA few days before <a data-mention-id=\"SIVBQ\" class=\"teditor-mention\" data-mention-name=\"SVB Financial Group\" href=\"https://ttm.financial/S/SIVBQ\">$SVB Financial Group(SIVBQ)$</a> collapsed and the Fed stepped in with a massive bailout/easing package that put in the 1st higher low. We were headed to new lows otherwise. Things can change quickly. Adapt or die George.I have 16x P/E for the Equal Weight and even lower if you strip out the Mag 7. The premium valuations are essentially all in Mega Cap.https://x.com/Marlin_Capital/status/1802522988203454724</body></html>","text":"2024 is giving off major 1995 vibes so far. The last time we got a soft landing was 1995. The Fed cut from 6% to 5.25% and the $S&P 500(.SPX)$ saw 77 ATH closes. We have already seen 29 ATH closes so far in ‘24, the Fed is projected to cut in Sept, and a soft landing is now consensus. Image A few days before $SVB Financial Group(SIVBQ)$ collapsed and the Fed stepped in with a massive bailout/easing package that put in the 1st higher low. We were headed to new lows otherwise. Things can change quickly. Adapt or die George. I have 16x P/E for the Equal Weight and even lower if you strip out the Mag 7. The premium valuations are essentially all in Mega Cap. https://x.com/Marlin_Capital/status/1802522988203454724","highlighted":1,"essential":1,"paper":2,"likeSize":37,"commentSize":0,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/317965486268560","repostId":0,"isVote":1,"tweetType":1,"viewCount":102,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[".SPX","SIVBQ"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":590,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/317965486268560"}