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Warren Buffett’s preferred market gauge climbed to a fresh high on Sunday, signaling that global stocks are heavily overpriced and could crash in the coming months. The global version of the “Buffett indicator” hit 133% — well above its peak readings during the dot-com boom and before the financial crisis. Welt market analyst Holger Zschaepitz flagged the metric’s record level in a tweet, noting: “Buffett indicator screaming BUBBLE!”
...read full article on Business Insider
