Buffet indicator screaming sell
Yes, this is a very long term chart, but note the latest update of the Buffet indicator, ratio of total US stock market valuation to GDP.
As current market valuations note;
"...currently 79% (or about 2.58 standard deviations) above the historical average, suggesting that the market is Strongly Overvalued".
This is nothing for the short term book to be trading on, but worth having in the back of your head.
Full read here.
As current market valuations note;
"...currently 79% (or about 2.58 standard deviations) above the historical average, suggesting that the market is Strongly Overvalued".
This is nothing for the short term book to be trading on, but worth having in the back of your head.
Full read here.
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