A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link.
New York CNN —
The “Buffett Indicator” is flashing red.
In 2001, Warren Buffett came up with what he called in Fortune Magazine “probably the best single measure of where [stock] valuations stand at any given moment.”
Today that barometer has soared to a two-year high, signaling that a market retreat could be coming.
What’s happening:
→ Continue reading at CNN - Business News
