📊 The market is expensive, at least according to the Buffett Indicator. This measure compares total U.S...

📊 The market is expensive, at least according to the Buffett Indicator. This measure compares total U.S. stock value to GDP – Warren Buffett once called it "probably the best single measure of where valuations stand."
⚠️ He warned that above 200%, markets are "playing with fire." Today it's at a record 215%.
Meanwhile, economic growth is slowing (Q4 GDP revised down to 0.7%). That leaves a narrow path: either growth accelerates, or valuations must come down. Still, few seem worried.