Buffett indicator surges to 218%, breaking past Dotcom and COVID-era highs

The Buffett indicator has blasted to 218%, breaking every record set in the past.The measure compares the Wilshire 5000 index, which tracks the value of all publicly traded U.S. companies, against the country’s gross national product. At this level, the ratio is far beyond the highs seen during the Dotcom bubble and the pandemic rally, when it reached around 190%. For markets, this is uncharted ground.