Sell SPY by Sep 24, 2036.

Two of the most famous market valuation gauges are flashing red at the same time, and I think most coverage of them is either breathless or dismissive. Here's the honest version. **The Buffett Indicator: ~240%** — total US stock market value divided by GDP. In August it hit 240.2%, the highest ever recorded, surpassing the dot-com peak. The 56-year average is about 89%. Buffett once called it "probably the best single measure of where valuations stand at any given moment," …