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In September 1929, just before "The Great Crash" a massive stock market crash, the Buffett Indicator was at approximately 130%. The following months led us into the Great Depression and WW2. Black Thursday and Black Tuesday shook the global economy.
The Buffett Indicator (aka, Buffett Index, or Buffett Ratio) is the ratio of the total United States stock market to GDP.
As of today, according to the Buffett Indicator, the Stock Market is Significantly Overvalued. Based on today's updated data, the Market Cap to GDP Ratio is 220%.
As of today, the Total Market Index is at $67,064 billion, which is about 220% of the last reported GDP.
Prepare yourselves and your loved ones for a "Greater Depression" as markets, speculations, derivatives and banks come back down to Earth.

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