Luke Gromen says debt-adjusted Buffett metric at 130%, gold below $4,000 signals market stress

Macro analyst Luke Gromen says his debt-adjusted version of the Warren Buffett metric (total equity market cap as a percentage of GDP) has hit 130%, a level at which stocks have historically underperformed gold. He argues gold below $4,000 could signal deeper market stress ahead.

Detected & updated continuously · Source: Nebula