JUST IN: 🇺🇸 Warren Buffett sold another $981 MILLION shares of Bank of America.
‼️Buffett now holds $278 Billion in CASH and selling stocks like never before, including Apple.
He's getting ready for a crash… pic.twitter.com/XUkxj3whAd
— Radar🚨 (@RadarHits) August 28, 2024
The Buffett Indicator (Total US Market Value/GDP) is a ballpark measure of how expensive stocks are at any one point in history…
It’s now sitting at ~200%.
“If the ratio approaches 200%, as it did in 1999, you are playing with fire.” – W. Buffett pic.twitter.com/WD18O7SoMb
— Geiger Capital (@Geiger_Capital) August 28, 2024
They’re all selling, this is how it ends.
Then this happens…
"No one could have seen this coming" t.co/NXPxfy6zAc pic.twitter.com/pa1tt1HP5v
— Financelot (@FinanceLancelot) August 29, 2024
đź‘€
Consecutive Days of Inverted Treasury Curve (10yr – 2yr) pic.twitter.com/tOljXBv0xk
— Win Smart, CFA (@WinfieldSmart) August 29, 2024
Unemployment rate has moved above its 36-month MA
The last 10 times it ended in a recession
ht g.o.t. pic.twitter.com/iT4hFZgpja
— Win Smart, CFA (@WinfieldSmart) August 29, 2024
Rate cuts are on the way, but what does this mean for stocks?
Over the last 70 years, large-cap and small-cap stocks returned +15.6% and +26.6% on average within 12 months from the first rate cut.
Within 6 months of the first rate cut, large caps gained +9.4% and small caps… pic.twitter.com/CgSxwQojAh
— The Kobeissi Letter (@KobeissiLetter) August 29, 2024