Fear and Greed index
Warren Buffett famously said “Be fearful when others are greedy and greedy when others are fearful.” Given that, the latest reading from CNN’s Fear & Greed Index may be cause for concern. The latest reading of the index is 95 on a scale of 100, its highest level in at least three years. That level is labeled by CNN as “Extreme Greed”, which would seem to qualify for Buffett-like caution, if not outright fear.
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