Updated Graph of Buffett Indicator (1st quarter, 2025)

This page presents the updated graph of the Buffett Indicator for the US stock markets. Trump disturbances are hitting not only the US stock markets but also the world economy. The Wilshire 5000 Price Index was down by 0.4% from the fourth quarter of 2024. Now, there are rumors that the US economy is going into a recession. The US GDP for the first quarter of 2025 will be published in mid-May. Let’s see what happens in the US economy.

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	27,009	1.500
	2nd	23,369	43,581	28,198	1.546
	3rd	23,922	45,026	29,132	1.573
	4th	24,777	47,519	30,592	1.553
2022	1st	25,215	45,565	31,348	1.454
	2nd	25,806	41,627	32,375	1.286
	3rd	26,272	40,448	33,192	1.219
	4th	26,734	39,099	34,008	1.150
2023	1st	27,164	40,640	34,773	1.169
	2nd	27,454	42,370	35,290	1.201
	3rd	27,968	44,978	36,213	1.242
	4th	28,297	44,870	36,808	1.219
2024	1st	28,624	50,233	37,402	1.343
	2nd	29,017	51,877	37,118	1.361
	3rd	29,735	54,340	38,775	1.401
	4th	29,724	58,277	39,418	1.478
2025	1st	N/A	58,061	N/A	N/A