Warren Buffett's favorite market indicator spikes to record high after US GDP plunges
Published
· *Warren Buffett's favorite stock-market gauge has spiked to a record 170%, underscoring the stark divide between sky-high US stock prices and the pandemic-hit economy.*
· *The "Buffett indicator" divides the combined market capitalization of publicly traded US companies by quarterly GDP.*
· *"It is probably the best single...