Is Buffett bearish on US stock market?

November 14, 2014 at 1:46 pm Leave a comment

Warren Buffett latest decision to swap P&G shares for Duracell may signify his bearish sentiments towards US stock market since P&G is a component of Dow Jones Industrial Average. Using Buffett  recommended market capitalisation/GNP ratio as market indicator, US stock market is overvalued, Beware!

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