It's the Warren Buffet indicator. Britt discusses it and another one that has a great track record even further back than Warren Buffet's indicator.
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From the transcript:
Time stamp 1:43 the Buffett indicator. It's a ratio that measures the total value of the US stock market and divides it by the gross domestic product or the total economic output of the economy.
2:07 And according to that valuation metric, it should be at around 60%. That's considered fair value for the US stock market. Right now, the US stock market sits at an unprecedented 220%
2:23 on this Buffett indicator ratio, to put things in perspective, if we go back to the height of the dot bubble, we're looking at 138%. Prior to the great financial crisis, we're at a little over 100%. So to be at 220%, which is where we're at as of this recording, is off the charts unprecedented extreme overvaluations.
Then he goes onto another indicator at 4:40 called the Schiller PE Ratio which measures price to earnings to tell if something is over or under valued. That goes back to 1871 with great accuracy.
So what Britt is getting at is that the stock market at the moment is grossly over valued. It is simply NOT worth what the stocks are trading at.
He gets into what that means, but again the bottom line is that there is great uncertainty in the markets, volatility and it's like we are sitting next to a volcano ready to blow, but we don't know when or how much. We just see steam venting, feel earthquakes and seismic activity that suggests the lava underneath is moving, and pressure is changing.
A third metric he focused on is the Job market numbers- job openings that track almost perfectly with the S&P 500. Again, another indicator saying the exact same thing.
Record borrowing to buy stocks at record prices. Like 1929.
And he also points out that the greatest stock market highs occur during the greatest volatility, that a roaring market is not a good sign, it's a sign that things go down after going up too high as a correction.
Britt goes on to point out that we shouldn't be afraid, this is just part of the set up to bring in the world wide digital currencies that allow govt to track and control buying and selling, just as Revelation 13: 16-17 said would happen.
God is in charge of when this happens. This is just another signpost on the highway to the Tribulation (and we take that next exit marked RAPTURE).
He explains that Stable Coins are just another form of Digital Currency. At 20:34 he explains that the govt can track stable coins under the "Genius Act" just as easily as Central Bank Digital Currency. They can be frozen, seized or destroyed on a govt order.
He finishes with a reminder these are just signs pointing to the soon return of Jesus.
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youtu.be
From the transcript:
Time stamp 1:43 the Buffett indicator. It's a ratio that measures the total value of the US stock market and divides it by the gross domestic product or the total economic output of the economy.
2:07 And according to that valuation metric, it should be at around 60%. That's considered fair value for the US stock market. Right now, the US stock market sits at an unprecedented 220%
2:23 on this Buffett indicator ratio, to put things in perspective, if we go back to the height of the dot bubble, we're looking at 138%. Prior to the great financial crisis, we're at a little over 100%. So to be at 220%, which is where we're at as of this recording, is off the charts unprecedented extreme overvaluations.
Then he goes onto another indicator at 4:40 called the Schiller PE Ratio which measures price to earnings to tell if something is over or under valued. That goes back to 1871 with great accuracy.
So what Britt is getting at is that the stock market at the moment is grossly over valued. It is simply NOT worth what the stocks are trading at.
He gets into what that means, but again the bottom line is that there is great uncertainty in the markets, volatility and it's like we are sitting next to a volcano ready to blow, but we don't know when or how much. We just see steam venting, feel earthquakes and seismic activity that suggests the lava underneath is moving, and pressure is changing.
A third metric he focused on is the Job market numbers- job openings that track almost perfectly with the S&P 500. Again, another indicator saying the exact same thing.
Record borrowing to buy stocks at record prices. Like 1929.
And he also points out that the greatest stock market highs occur during the greatest volatility, that a roaring market is not a good sign, it's a sign that things go down after going up too high as a correction.
Britt goes on to point out that we shouldn't be afraid, this is just part of the set up to bring in the world wide digital currencies that allow govt to track and control buying and selling, just as Revelation 13: 16-17 said would happen.
God is in charge of when this happens. This is just another signpost on the highway to the Tribulation (and we take that next exit marked RAPTURE).
He explains that Stable Coins are just another form of Digital Currency. At 20:34 he explains that the govt can track stable coins under the "Genius Act" just as easily as Central Bank Digital Currency. They can be frozen, seized or destroyed on a govt order.
He finishes with a reminder these are just signs pointing to the soon return of Jesus.
