QuantNomad

Buffet Indicator and Gold at the all-time highs...

Short
SP:SPX   S&P 500 Index
I just don't get it, we currently have:
  • 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.

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