Reported 5 months ago
Warren Buffett's favored valuation tool, known as the 'Buffett Indicator,' just reached an unprecedented high of 207.04%, significantly surpassing its 55-year average of 85%. This spike suggests potential trouble ahead for major indices like the Dow, S&P 500, and Nasdaq Composite, which have been on a bull run. Historically, when the Buffett Indicator rises so much above its long-term average, it precedes downturns in the market, leading to concerns about future performance despite current optimism.
Source: YAHOO