Today’s S&P 500 is led by cash-rich, capital-light giants like Apple, Microsoft, Alphabet, and Nvidia.(Image: Canva AI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Ace investor Warren Buffett once warned that the market would be "playing with fire" when a key indicator rose too high. That measure, now informally called the Warren Buffett Indicator, has surged past 200%, a report by Motley Fool said on Sunday.

This indicator compares the total United States stock market value to the country’s gross domestic product (GDP). Buffett, in 2001, called it one of the best measures of market valuation. Historically, it has averaged around 85% since 1970.

At the height of the dot-com bubble in 2000, the measure reached 150%, according to Business Insider. The current level sho

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