**[Buffett Indicator Reaches 223%-230%, Hits Historic High]** On January 11, according to data from Barchart, the Buffett Indicator (the ratio of the total market capitalization of the U.S. stock market to GDP) is approximately 223%-224%, with some data sources showing it nearing 230%, marking a historic high. This surpasses the peak of the 2000 dot-com bubble (around 150%) and the post-pandemic high in 2021. The long-term average of this indicator is approximately 80%-100% (since 1970), with 100%-120% considered a reasonable valuation range. The Buffett Indicator is one of Warren Buffett's most valued metrics for assessing overall market valuation, often referred to as "the single best measure of market valuation."