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mk  ·  2862 days ago  ·  link  ·    ·  parent  ·  post: Does it make sense right now to buy ETH or BTC?

An extended drop in industrial production without recession seems very unlikely:

https://fred.stlouisfed.org/series/INDPRO

Shiller P/E is well above the historic mean:

http://www.multpl.com/shiller-pe/

Corporate buybacks are dropping, and dividend cuts are rising:

http://www.bloomberg.com/news/articles/2016-05-16/bull-market-losing-biggest-ally-as-buybacks-fall-most-since-2009

It is all very suggestive of the end of a credit cycle.