Buffett Indicator Flashes Warning Signs of Potential Market Bubble Despite Flaws; Visa and Mastercard Reach $30B Merchant Fee Settlement
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The "Buffett Indicator" shows stocks are very overvalued compared to the economy, flashing warning signs of a potential market bubble.
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The indicator is at nearly 190%, the highest level since early 2022 before a 19% market drop. Other analysts also see signs of excess speculation.
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However, the indicator has flaws - it ignores foreign profits and interest rates. Markets seem enthusiastic but not clearly in "hype" territory.
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Visa and Mastercard agreed to a $30 billion settlement to lower merchant swipe fees over the next 5 years, resolving a long-running antitrust case.
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Trump Media, parent of Truth Social, went public to a volatile reception as shares spiked but then stabilized significantly below early highs.