SATLF - Value Hunting Overseas Continued
In investing the person that turns over the most rocks wins the game
- Peter Lynch
US Market Recap
As of 10/4/2018, the Dow just hit its 15th record high this year. Meanwhile, all valuation metrics have been indicating bubble territories for the overall US stock market. For example, the Warren Buffett Indicator, which measures the Market-Cap-to-GDP ratio currently at 147.8% (shown below), is telling you not to bet on America at this price level.
Source: Gurufocus; data as of 10/4/2018.
On the one hand, this is not to suggest selling off