Expect a major downgrade in both stocks and the economy. 50 bps cut with stocks at 200% Market cap/GDP
Expect a major downgrade in both stocks and the economy. 50 bps cut with stocks at 200% Market cap/GDP π€·ββοΈ — Anthony Sarich π¦πΊππ· (@AnthonySarich) September 18, 2024 The current ratio of the total U.S. stock market value to GDP, known as the Buffett Indicator, is around 202% as of June 30, 2024. Buffett is …