--- title: "Economics:  Goofy Stock Market Values" description: This insane stock market may crash in the five minutes for this post t reach you. image: https://info.c-loans.com/hubfs/Screen%20Shot%202020-08-28%20at%202.24.56%20PM.png --- [![c-loans-logo-2025](https://info.c-loans.com/hs-fs/hubfs/images/c-loans-logo-2025.png?width=183&height=86&name=c-loans-logo-2025.png)](https://c-loans.com) [Terms of Use](https://www.c-loans.com/terms-of-use) | [Disclaimer](https://www.c-loans.com/disclaimer) | [Blog](https://info.c-loans.com/) # Commercial Loans and Fun Blog ## [Economics:  Goofy Stock Market Values](https://info.c-loans.com/economics-goofy-stock-market-values) Posted by [George Blackburne](https://info.c-loans.com/author/george-blackburne) on Fri, Aug 28, 2020 - [Tweet](https://twitter.com/share) The companies making up the U.S. tech industry are now supposedly more valuable by market cap than the entire European market, according to Bank of America. You kids are too young to remember Woodstock and the Hippies, but Country Joe and the Fish sang the following song at that mother of all music festivals, "[Don't Bogart That Joint, My Friend](https://www.youtube.com/watch?v=EvGJvzwKqg0)."  Bogie was famous for cupping his cigarettes under his fingers, so as to hide the flame and not create a target for snipers.  This was a holdover from the trench warfare of World War I.  Basically, "to Bogart a joint" was to hog it and not share it.   So the U.S. tech industry is now supposedly worth more than all all of the listed stocks in Europe.  Hmmm.  Don't Bogart that joint, my friend.  *Hahahaha! * [![Our Facebook Page Will Blow You Away Free Mini-Lessons in Finance Terms](https://no-cache.hubspot.com/cta/default/37671/3b331ec0-72b8-4421-9a16-430be9fc545d.png)](https://cta-redirect.hubspot.com/cta/redirect/37671/3b331ec0-72b8-4421-9a16-430be9fc545d) *[![Apply For a Commercial Loan to Blackburne & Sons](https://no-cache.hubspot.com/cta/default/37671/34e9010d-6f3b-4979-93c2-9e705da5a9fc.png)](https://cta-redirect.hubspot.com/cta/redirect/37671/34e9010d-6f3b-4979-93c2-9e705da5a9fc)*   *![117753404_1682908238522814_3409847060273466072_n](https://info.c-loans.com/hs-fs/hubfs/117753404_1682908238522814_3409847060273466072_n.jpeg?width=480&name=117753404_1682908238522814_3409847060273466072_n.jpeg)*   *[![Submit Your Loan to 750 Commercial Lenders Using C-Loans.com.  It's Free!](https://no-cache.hubspot.com/cta/default/37671/dcd11210-cbb0-42bd-b761-d0cb0da003c9.png)](https://cta-redirect.hubspot.com/cta/redirect/37671/dcd11210-cbb0-42bd-b761-d0cb0da003c9)*   Okay, still not a believer?  Warren Buffett's preferred market gauge just hit a new high on Wednesday, suggesting US stocks are overvalued and a crash may be coming. The "Buffett Indicator" compares the stock market's total value to quarterly GDP to assess whether it's overvalued or undervalued relative to the size of the economy. The ratio reached a historic 183% on Wednesday, reflecting the breathless stock rally in recent months and the plunge in second-quarter GDP.  Buffett said it was a "strong warning signal" when the indicator peaked before the dot-com crash.   [![Earn 11% to 12% Interest Since 1980](https://no-cache.hubspot.com/cta/default/37671/80333ce3-b6a5-4bf7-9687-52c156ed5457.png)](https://cta-redirect.hubspot.com/cta/redirect/37671/80333ce3-b6a5-4bf7-9687-52c156ed5457)   ![Screen Shot 2020-08-28 at 2.24.56 PM](https://info.c-loans.com/hs-fs/hubfs/Screen%20Shot%202020-08-28%20at%202.24.56%20PM.png?width=1580&name=Screen%20Shot%202020-08-28%20at%202.24.56%20PM.png) Be sure to study 2007-2008.   [![Nine-Hour Video Training Course How to Broker Commercial Loans](https://no-cache.hubspot.com/cta/default/37671/2fa994cb-f6ac-4671-821f-b4bd48cb5f1f.png)](https://cta-redirect.hubspot.com/cta/redirect/37671/2fa994cb-f6ac-4671-821f-b4bd48cb5f1f)   And you don't believe we're on the [Eve of Destruction](https://www.youtube.com/watch?v=qfZVu0alU0I).   [![Free List of 3,159 Commercial Lenders Sort By Your Own Criteria](https://no-cache.hubspot.com/cta/default/37671/edc33fe8-9d87-477b-bf2f-07a33d3d2d24.png)](https://cta-redirect.hubspot.com/cta/redirect/37671/edc33fe8-9d87-477b-bf2f-07a33d3d2d24)   [![Subscribe To Blog](https://no-cache.hubspot.com/cta/default/37671/7636800d-cf5e-48c6-88cb-f71c131eb6ee.png)](https://cta-redirect.hubspot.com/cta/redirect/37671/7636800d-cf5e-48c6-88cb-f71c131eb6ee)       Topics: [Goofy stock market](https://info.c-loans.com/topic/goofy-stock-market) ### George Blackburne III Owner of C-Loans, Inc. ![George Blackburne III C-Loans Owner](https://info.c-loans.com/hs-fs/hubfs/George%20Head%20Shot%20Small%205%20by%207%20copy.jpg?width=158&name=George%20Head%20Shot%20Small%205%20by%207%20copy.jpg) ### Subscribe via E-mail ### Connect with C-Loans ## [![Get the Latest Scoop on C-Loans Inc.](https://no-cache.hubspot.com/cta/default/37671/bacfb58b-143e-40d7-b126-33c182b5b90b.png)](https://cta-redirect.hubspot.com/cta/redirect/37671/bacfb58b-143e-40d7-b126-33c182b5b90b) C-Loans.com® is sponsored by  C-Loans, Inc. — For more information, contact Tom Blackburne 555 University Ave., Suite 150, Sacramento, CA 95825 Telephone: (916) 338-3232 x 317 * Tom Blackburne in Indiana: (574) 210-6686 * Fax: (916) 338-2328 Real Estate Broker -- California Department of Real Estate -- License Number 01330173 Arizona Dept. of Financial Institutions – License Number 0909472 The Florida Mortgage Brokers License Number: 0708758 [Read our many client Success Stories](https://c-loans.com/mortgage-brokers-overview/success-stories/) » © 2025 C-Loans, Inc. 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