#Investors say #earnings coming down 70%-90% are already baked in the #stock prices of $JPM &amp; $WFC, when $SPY is #trading 17% below ATH...
Is "E" in P/E stands for #Euphoria?
Is "S" in P/S stands for #Stupidity?
Is "B" in BV stands for #Blindness?

#SPX500 #JPMorgan #WellsFargo