Friday, August 29, 2025

Let's check in on the S&P 500 version of the Buffett Indicator

The S&P 500 averaged 6,029.95 in June 2025.

Nominal GDP in 2Q2025 from the second estimate yesterday was $30.3539 trillion.

The first divided by the second yields 198.65, 145.25% elevated above the long-term median of 81.

Off the chart. 

Where angels fear to tread.