Warren Buffett’s Favorite Indicator Just Flashed a Major Warning
It is clear stocks are in a massive bubble based on their Price to Sale (P/S valuation). What about the economy? Warren Buffett once famously stated that his favorite means of valuing stock was the stock market capitalization to GDP ratio. Below is a chart for this metric. As you can see, the stock market
The post Warren Buffett’s Favorite Indicator Just Flashed a Major Warning appeared first on Gains Pains & Capital.
Source: http://gainspainscapital.com/2017/12/27/warren-buffetts-favorite-indicator-just-flashed-major-warning/
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