Buffett's favorite market indicator, the "Buffett Indicator," has risen to 244%, reaching a new high since the dot-com bubble in 1999.
The indicator measures the ratio of the total market capitalization of the U.S. stock market to the U.S. GDP. Warren Buffett once stated that when this indicator approaches 200%, investors are "playing with fire." Analysis suggests that high valuations do not guarantee an immediate drop in stock prices, but they may signal that future market return expectations need to be lowered.
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Source:Yahoo财经 · Source Link
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