The Fed Started The Fire: Buffet Indicator, Shiller CAPE At All-time Highs With Help A Little Help From The Federal Reserve
by confoundedinterest17 Singer Billy Joel almost got it right in his song “We didn’t start the fire.” The Federal Reserve started the asset bubble fire. The famous Buffett Indicator is signalling a massive stock market bubble or serious overheating. Here is your first assignment for class. Plot the Buffett Indicator (Wilshire 5000 Total Market Full Cap Index/GDP *100 … Read more