Category: Ghastly

Ghastly IMF Forecast Pushes The ‘Buffett Indicator’ Deeper into Danger Zone
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Ghastly IMF Forecast Pushes The ‘Buffett Indicator’ Deeper into Danger Zone

The IMF drastically revised GDP projections downward Wednesday. That will push the already unnerving Buffett Indicator to record levels. Stock market valuations are decoupling from corporate multiples as well as economic projections. The forward S&P 500 P/E ratio is hovering at 20-year highs. The International Monetary Fund (IMF) had some terrible news for the stock…

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