'Buffett Indicator' for stock valuation passes 200%, beyond level he once said is 'playing with fire'
"If the ratio approaches 200% — as it did in 1999 and a part of 2000 — you are playing with fire," Buffett wrote in 2001.
The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says
Economists polled by Dow Jones forecast an increase of 100,000 for the month.
Warren Buffett amasses more cash and sells more stock, but doesn't explain why in annual letter
"The great majority of your money remains in equities," Buffett wrote in his highly-anticipated annual letter. "That preference won't change."
Dell and Palantir to join S&P 500; shares of both jump
In the quarterly rebalancing of the S&P 500, tech companies Dell and Palantir were added to the benchmark index.
McDonald's and other big brands warn that low-income consumers are starting to crack
Higher prices have weighed on customers in an array of industries that interact with consumers.
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