Here’s the Real Reason Warren Buffett is Sitting on a Record $128 Billion in Cash

The Buffett Indicator is the ratio of total US stock market valuation to GDP. The latest calculation (as of June 18, 2020) is currently 67% higher than the historical average, suggesting that the market is Strongly Overvalued. It has not been at this level since the Internet Bubble of March 2000. 

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