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The Buffett Indicator
250%
canonical reading
as of 2026-03-31
Quarterly canonical observations, recession shading, and an exponential trend with one- and two-standard-deviation bands. The daily estimate is accruing and is not shown yet.
0%
80%
160%
240%
320%
Canonical Z.1
1970
1990
2010
2026
Canonical quarterly
U.S. recession
Exponential trend ±1σ / ±2σ