27 June 2023
Warren Buffett’s global market gauge, the “Buffett indicator,” is sounding the alarm as it surges to nearly 110%, indicating an alarming overvaluation of stocks worldwide. With stocks now worth more than the global GDP, concerns of an imminent crash in the coming months loom large. The US version of the indicator stands at a worrisome 159%, signaling an elevated risk. Despite not reaching the extreme levels of the past, the situation remains precarious as investors tread on increasingly dangerous ground.