Dow Futures Slide as ‘Buffett Indicator’ Hits Dot-Com Bubble Heights
Dow Jones Industrial Average (DJIA) futures collapsed in early trading Wednesday, pointing to a weak stock market open. And according to Warren Buffett’s favorite stock market indicator, this could be the start of a bigger downward trend. The ‘Buffett indicator’ puts US stocks at their most overvalued level since the peak of the 2001 dot-com…