ZeroHedge a year ago. NASDAQ 100 / S&P 500 = 3.30
Nope, we did not peak? But pretty close. Today:
15,233 / 4,521 = 3.37
On another note, the S&P 500 has 328 all-time highs since the start of 2013. This is one more than the epic run from 1989 - 2000 in which the S&P 500 hit 327 all-time highs. Link here. Tea leaves suggest the current run is not yet over.
For 2021, to date: 53 record highs recorded. Link here.
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Europe, energy: unstoppable, natural gas, electricity and CO2 prices in Europe are setting new highs today, August 30, 2021. Triple-digit electricity prices are becoming common across Europe. Spanish day-ahead electricity prices are soaring. See next item.
Europe, energy: another day, another price increase for European power and natural gas. UK natural gas surges to an all-time high, traing above the equivalent of $17 per mBtu.
Meanwhile in Spain, the poster child for renewable energy, day-ahead electricity prices surge above $156 per MWh. And this is before winter arrives. Link here.
Got coal? Rising energy prices send German inflation to 13-year high. Link to Tsvetana Paraskova.
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