The Scream! Buffett Indicator Sky High Along With Home Prices As Money Printing Has Goes Wild!!

by confoundedinterest17

The Scream! Out-of-control money printing, dead money velocity and collapsing purchasing power of the dollar.

(Bloomberg) — With U.S. equity indexes rising to fresh records again this week, one of Warren Buffett’s most-famous catchphrases comes to mind: Investors should “be fearful when others are greedy.”

Any Buffett disciple who checks in on the billionaire investor’s favorite market valuation metric these days may get the urge to shriek in terror.

And then there are home prices at 38% higher than the peak during the 2005 housing bubble.

READ  Brian Ochsner: Food Prices Going Up More, Inflation Not Transitory

Here is what causing me to shriek in terror. Out-of-control money printing, dead money velocity and collapsing purchasing power of the dollar.

READ  Gasoline prices in California approaching $4 per gallon

 

 

890 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.