Subject: Re: Warren’s flashing signal
In 2001, the Buffett indicator was the ratio of the size of the US market to the against the US economy, Since that time, US companies earnings from foreign sources has soared. ...Revenues from foreign sources - about 40%

The number is very large, but it's not really right to say that it has soared lately. It has been a big number for a very long time. Working from memory, ex-US revenues of large US firms were on the order of 1/3 even 50 years ago.

Jim