I’m of the belief that one reason stock markets smashed all-time high records this week is from the massive short covering going on that led up to the Presidential election on November 8, 2016.
You had billionaires like Warren Buffett and Mark Cuban suggesting that they took short positions in case of a Trump win. (Read More….)
Warren Buffett’s favorite measure of market valuation is to compare total stock market capitalization to GDP. Warren Buffett said back in 2001 in a Fortune Magazine interview, “it is probably the best single measure of where valuations stand at any given moment.”
Below is a ratio chart of stock market capitalization to GDP with the (Read More….)