🚨The Buffett Indicator has never been higher:
The US stock market cap-to-GDP ratio hit a record 220%.
This ratio has surged by +56 percentage points over the last 8 months and now stands ~78 percentage points above the 2000 Dot-Com Bubble peak.
Since 2020, the US stock market has grown roughly twice as fast as the world’s largest economy.
US stock market gains have outpaced economic growth at an unprecedented pace.
Is this why Warren Buffett is holding the largest cash hoard ever?