Former Reagan administration Office of Management and Budget Director David Stockman thinks today’s stock market has reached the point where greed has overtaken logic.
Warren Buffett’s “Buffet Indicator” Chart: What it says for 2017
Legendary investor Warren Buffett relies on one simple rule to know when stocks are too hot. In pro investing circles, it is known as the “Buffett Indicator.” Buffett himself calls it “the best single measure of where valuations stand at any given moment.” What is the magic indicator? The ratio of total stock market capitalization … Read more