Subject: Re: Strange Market
U.S. Stock Market has reached its most expensive valuation in history after the Warren Buffett Indicator crossed 230% for the first time ever

The Space X IPO and other IPOs will push the indicator up even higher.

However, I have always wondered why a company going public which makes the indicator higher, or a company going private which makes the indicator lower suggests whether a market is more or less an expensive valuation.

Aussi