Updated Graph of Buffett Indicator (4th 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 2022. The index was 1.156, then. However, the index does not reach the previous peak in the 3rd quarter of 2021. The index was 1.582, then. This year, because the Wilshire 5000 Price Index rose by 7.2% in the 4th quarter, the index will likely increase from 1.410 in the 3rd quarter to over 1.5. The presidential election was held in the 4th quarter, and Trump came back to the White House. Some industries, such as Fintech, are receiving spotlights. See How the US stock markets will move in 2025.

Year	Quarter	Nominal GDP (red, left scale)	Wilshire 5000 Price Index Quarterly mean (blue, right scale)	Wilshire 5000 Price Index Fitted value (red, right scale)	Wilshire 5000 Price Index Quarterly mean / Fitted value
2021	1st	22,657	40,525	26,866	1.508
	2nd	23,369	43,581	28,047	1.554
	3rd	23,922	45,026	28,973	1.582
	4th	24,777	47,519	30,421	1.562
2022	1st	25,215	45,565	31,172	1.462
	2nd	25,806	41,627	32,191	1.293
	3rd	26,272	40,448	33,002	1.227
	4th	27,34	39,099	33,811	1.156
2023	1st	27,164	40,640	34,569	1.176
	2nd	27,454	42,370	35,082	1.208
	3rd	27,968	44,978	35,997	1.249
	4th	28,297	44,870	36,588	1.226
2024	1st	28,624	50,233	37,177	1.351
	2nd	29,017	51,877	37,887	1.369
	3rd	29,735	54,340	38,538	1.410
	4th	N/A	58,277	N/A	N/A