Buffett Indicator hits 171%, signaling stocks are pricey and may crash

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Warren Buffett's favorite market gauge hits 171%, signaling stocks are overheated and a crash may be coming

Warren Buffett's favorite market gauge is flashing red, signaling that US stocks are overpriced and in danger of plunging.in 2001 that stocks would be fairly valued at a 100% reading, and buying them at the 70% or 80% level would probably work out nicely. However, he warned it would be"playing with fire" to purchase them around the 200% mark.

The famed investor and Berkshire Hathaway CEO also hailed his namesake indicator as"probably the best single measure of where valuations stand at any given moment." He noted that when the gauge skyrocketed during the dot-com bubble, it should have been"very strong warning signal" of an approaching crash.

Buffett's preferred yardstick takes the total market capitalization of all actively traded US stocks, and divides that figure by the latest official estimate for quarterly gross domestic product . Investors use it to compare the overall value of the stock market to the size of the national economy.has jumped 22% this year, lifting its market capitalization to $46.32 trillion as of Friday's close — its highest level since March 2022.

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