🚨 Warren Buffett's favorite valuation metric just hit a record 232.5%.
Historically, levels like this have signaled that stocks are significantly overvalued.
In fact, past valuations imply roughly -1% annualized returns going forward.
The higher markets climb, the lower https://t.co/nKlzGuuM12
Historically, levels like this have signaled that stocks are significantly overvalued.
In fact, past valuations imply roughly -1% annualized returns going forward.
The higher markets climb, the lower https://t.co/nKlzGuuM12

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