I was curious to see if somebody would come up with your reply. that was the purpose of my previous post"The market can remain irrational longer than you can remain solvent." However, it is not completely worthless. It serves as a warning.
%% Maybe good global points, so many companies are now. Answer to your question,SURE can, because bonds so seldom do anywhere near what stocks, +SPY benchmark does. It maybe good bond selling points they average less loss than stock$, SPY ?? Cant really predict markets, nor can bonds predict. NOT saying all bond traders as bad as SVB, Warren Buffet buy bonds sometimes. In history hindsight, some may have bought a good money market..... @18% +\, so seldom happens, i dont regret not doing that, that year. Nicole Goodkind article article maybe right about US economy [+ chicoms] slowing down; but if that's right/ oil buyers do not think so. NOT a prediction; 50dma last SPY close was down
The Buffett indicator is out of date. Nowadays, US companies are global corporations and US GDP under represented their value.