Warren Buffett's favorite market indicator spikes to record high after US GDP plunges

Business Insider

30 Jul 2020 0 shares 1 views

Warren Buffett's favorite market indicator spikes to record high after US GDP plunges

Business Insider

Published 30 Jul 2020

· *Warren Buffett's favorite stock-market gauge has spiked to a record 170%, underscoring the stark divide between sky-high US stock prices and the pandemic-hit economy.*
· *The "Buffett indicator" divides the combined market capitalization of publicly traded US companies by quarterly GDP.*
· *"It is probably the best single...

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Warren Buffett's favorite market indicator spikes to record high after US GDP plunges

Warren Buffett's favorite market indicator spikes to record high after US GDP plunges

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