As some of you know, the Buffett Indicator (that is, total market cap divided by GDP) is at levels, if I may quote the President, “never seen before.” It’s truly jaw-dropping and has even over-shadowed the lunacy of early 2000.
It occurred to me to hunt our own database for this, and – – good news/bad news. The good news is, we’ve got it! The symbol is FR:DDDM01USA156NWDB in SlopeCharts:
The not-so-good news is that (a) it’s only updated once per year (b) it is five years out of date! So, umm, not too useful. In any case, the top chart is an eye-opener.
