To some extent, i think the Buffet indicator is an useful indicator which provides a general sensing of the stock market at large.However, it should be used in conjunction with other economic and market data to provide a sharper analysis and more comprehensive view. At this juncture, there seems to be a consensus that the market is ‘overheating’ and correction will be taking place soon (especially in the month of September). So in a way, the Buffet Indicator will prove to be correct again. 😊
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