Worries about this ratio are overblown. Here's why.
The full post can be found here.
Saturday, December 26, 2020
Debunking the Buffett Indicator
There has been some recent hand wringing over Warren Buffett's so-called favorite indicator, the market cap to GDP ratio. This ratio has rocketed to new all-time highs, indicating nosebleed valuation conditions for the stock market.
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