“Complacency” Has Never Been Higher

While Put-Call ratios, VIX curves, and Fear-Greed Indicators are better known, the so-called “Complacency” Index – comparing real profitability of companies to their risk – has never been more complacent. In fact, markets are more ‘exuberant’ than at the peak in 2000 and 2007…
As Bloomberg’s Christopher Langner notes, the whole world is moving together and signs of a massive bubble that spans asset classes are becoming clearer.

This post was published at Zero Hedge on Sep 9, 2016.