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Warren Buffett's favorite valuation metric - total market cap as a percentage of GNP - rises to...

  • Tuesday, June 19, 2012, 12:08 PM ET
    Warren Buffett's favorite valuation metric - total market cap as a percentage of GNP - rises to 89%, suggesting the market isn't a screaming buy, but is far below levels at which it pays to run for the exits.
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This news story has 2 comments:

  •  
    Ther's plenty of value in the market....and plenty of bubbles...Looked at consumer Discretionary names lately? LULU,CMG,TSCO,ULTA,SHW... Like always...Overvalued MOMO names as well
    19 Jun 2012, 12:12 PM Reply Like
  •  
    This metric has less meaning with globalization. I would expect this number to continue to grow and not look at it as a simple oscillator.
    19 Jun 2012, 03:01 PM Reply Like
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