What This Rare Historical Market Signal Means for Your Portfolio
The signal is named for Warren Buffett, who advised on when it's in scary territory -- such as now.
Overview
No one can really know what the stock market will do next, yet we still look for clues or signals. Given that the S&P 500 (SNPINDEX: ^GSPC) has actually posted double-digit gains in six out of the last seven years, it's especially reasonable to wonder when the next market pullback will happen -- because it will happen, and we just don't know when.
One measure some investors look to for a clue about future market moves is the "Buffett indicator" -- and it just hit an all-time high. Here's what that could mean for your portfolio.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.