Monday , 1 May 2017


Look Out Below? Buffett Market Indicator Has Now Surpassed 2007 Level

Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett and it is now at the second highest level in the past 60 years – even surpassing the levels reached in 2007. 

The above introductory comments are edited excerpts from a post* by Chris Kimble (blog.kimblechartingsolutions.com) entitled Buffett Indicator Hitting Second Highest Level in 60 Years!

The following article is presented courtesy of Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!)and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds) and has been edited, abridged and/or reformatted (some sub-titles and bold/italics emphases) for the sake of clarity and brevity to ensure a fast and easy read. This paragraph must be included in any article re-posting to avoid copyright infringement.

Kimble goes on to say in further edited excerpts:

The chart below was created by Doug Short and highlights the current level of the Buffett indicator. As you can see its now hitting the second highest levels in the past 60 years, surpassing the levels reached in 2007.

buffettindicatorloftyaug7-675x381

CLICK ON CHART TO ENLARGE

The 5-pack of charts below highlights several important U.S. stock indices that all happen to be facing resistance lines dating back at least 15-years (name of each index in the upper left corner of each chart).

 

majorindexatlongtermresistanceaug7-675x304

This looks to be a unique and rare “Technamental” situation we have on our hands…I find this set up very interesting!!!

Editor’s Note: The author’s views and conclusions in the above article are unaltered and no personal comments have been included to maintain the integrity of the original post. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor.

*http://blog.kimblechartingsolutions.com/2014/08/buffett-indicator-hitting-second-highest-level-in-60-years/#sthash.dm8O1Vje.dpuf

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