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Last week… it was a negative week for our benchmark indexes, but not in a big way. Just another pause in the relentless trek upwards.
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PTP… Our PTP APAR rose by over 150 points last week. The S&P/TSX Composite Index APAR and the S&P APAR each fell a little over 10.
PTA Perspective… The Buffett Indicator
Whether you’re familiar with it or not, Warren Buffett has a blanket measure for how overvalued the stock markets are. Whether you know of it or not, you may not know where it stands here in February, 2021. This week in TrendWatch Weekly we’ll bring you the latest reading, and show you how this index has performed over time going back to the ’50s. Spoiler alert: stocks are now grossly overvalued by Buffett’s metric!