AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Buffett Indicator: Negative Returns Over the Next 10 Years
The Buffett indicator is saying we're going to have negative returns on equities for the next decade. The last time it said that in 2000, I actually showed that metric as well as a number of others to my board at UNC. It's impossible that the S&P could have a negative return for a decade. Well, it did. So we're there again.