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Old 08-22-2020, 07:36 AM
tvbound tvbound is offline
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When it comes to the current markets and stocks, I'm with this guy.

Market Crash 2020: Warren Buffett Is Ready to Pump In $146.6 Billion


"The market cap-to-GDP ratio, also known as the Warren Buffett indicator, suggests that the equity markets are significantly overvalued. This ratio stands at an astonishing 179%, which means the U.S. markets are trading at a premium of at least 79% and need to correct significantly.

There is too much uncertainty surrounding global economies and the market recovery makes little sense. It is based more on investor optimism rather than fundamentals, and you can see why Warren Buffett is taking a cautious approach to investing right now."