Buffet Indicator and Gold at the all-time highs...
I just don't get it, we currently have:
But we're only 3% below the all-time high on S&P and VIX is at the lowest levels since Feb.
Something is wrong here, I think we should definitely see another correction. V-shape recovery is too easy for these kinds of conditions.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and/or the script don’t provide any financial advice.
- Gold at the all-time high
- Buffet indicator is at the all-time high (because of a huge GDP drop in Q2 )
But we're only 3% below the all-time high on S&P and VIX is at the lowest levels since Feb.
Something is wrong here, I think we should definitely see another correction. V-shape recovery is too easy for these kinds of conditions.
Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and/or the script don’t provide any financial advice.
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