1. The Buffett Index is 229.35%, down 1.07 percentage points from the previous trading day, indicating a severely overvalued position in the long term. 2. The S&P 500 Equity Risk Premium (ERP) is 5.50%, up 0.01 percentage points from the previous tr

2026-11-13

1. The Buffett Index is 229.35%, down 1.07 percentage points from the previous trading day, indicating a severely overvalued position in the long term. 2. The S&P 500 Equity Risk Premium (ERP) is 5.50%, up 0.01 percentage points from the previous trading day, but still below the long-term average, placing it at a neutral to low level. Considering both indicators, US stocks offer relatively lower investment value compared to US bonds.