Total Market CAP / GDP

Brace yourselves…

https://www.currentmarketvaluation.com/models/buffett-indica…

jk

6 Likes

Brace yourselves…
https://www.currentmarketvaluation.com/models/buffett-indica…

Well, one bit of good news.
The valuation level of the broad US market doesn’t matter to anybody who doesn’t own the broad US market.
One’s own positions might be in better or worse shape, by a mile.

Jim

10 Likes

Well, one bit of good news.

Additional good news, that chart is as of June 10. The SPX is down 6% since then, IWM is down >8%. So, the gap is closing.