The Buffett Indicator is indicating US stocks might be overvalued.
AdvertisementWarren Buffett's favorite stock market valuation indicator just hit a record high, signaling that stocks might be highly overvalued.
The stock market experienced a painful year-long bear market shortly after the Buffett Indicator peaked in November 2021.
But despite the Buffett Indicator's flaws, it is flashing a big warning signal for stock market investors at current levels, according to Bloomstran.
Advertisement"I think it's screaming the cap-weighted stock market, the Wilshire 5000 [and] the S&P 500, is incredibly dangerous today.
Persons:
Warren Buffett, Buffett, —, Warren, Riley, Paul Dietrich, Chris Bloomstran, Semper Augustus, Bloomstran
Organizations:
Service, Buffett