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Market Indicator: Warren Buffett’s Total Stock Market Valuation vs. GNP Stood High
By: Retirement Investments -- MyPlanIQ » Headline
One of popular yet useful rules of thumb to value how expensiveness of US stock markets is Warren Buffett’s total stock market valuation vs. Gross National Product (GNP). Buffett first proposed this indicator in his 2001 Fortune magazine article. He stated, The ratio has certain limitations in telling you what you need to know. Still, it [...]
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