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Warren Buffett has warned everyone again!
On May 2 of this year: "We have never seen people in such a gambling mood as now."
Before the dot-com crash of 2000: "Pessimism is the friend of the long-term investor, euphoria is the enemy."
SPX / WM2NS: The S&P 500 index divided by the US M2 money supply. This indicator is often used to identify "real" bubbles in the market (when stocks grow faster than the money in the system).
Buffett's company (Berkshire Hathaway) now has a record level of liquidity on its balance sheet (cash + short-term bonds) of approximately $397 billion.
Many believe that Warren Buffett is right—and we are all headed for a "bloodbath" in risky assets in the near future.
#BTCBackAbove80K