Updated Graph of Buffett Indicator (2nd quarter, 2024)

This page presents the updated graph of the Buffett Indicator for the US stock markets. The Buffett Indicator (the right-most column) has steadily increased since the 4th quarter of 2021. The index was 1.184, then. However, the index does not reach the previous peak in the 3rd quarter of 2021. The index was 1.602, then. Because the Wilshire 5000 Price Index rose by 4.7% in the 2nd quarter, the index will likely increase from 1.386 in the 1st quarter. The GDP data will be published at the end of July. The site will report new insights about the Buffett Indicator.

Year	Quarter	Nominal GDP (red, left scale)	Wilshire 5000 Price Index Quarterly mean (blue, right scale)	Wilshire 5000 Price Index Fitted value (red, right scasle)	Wilshire 5000 Price Index Quarterly mean / Fitted value
2021	1st	22,600	40,525	26,587	1.524
	2nd	23,292	43,581	27,721	1.572
	3rd	23,829	45,026	28,609	1.602
	4th	24,655	47,519	29,992	1.584
2022	1st	25,029	45,565	30,624	1.487
	2nd	25,544	41,627	31,501	1.321
	3rd	25,995	40,448	32,273	1.253
	4th	26,408	39,099	32,896	1.184
2023	1st	26,814	40,640	33,689	1.206
	2nd	27,063	42,370	34,124	1.242
	3rd	27,610	44,978	35,084	1.282
	4th	27.957	44,870	35,695	1.257
2024	1st	28,269	50,233	36,249	1.386
	2nd	N/A	52,570	N/A	N/A