Warren Buffett Warning Highlights Extreme S and P 500 Valuations

Warren Buffett has raised a warning about the stock market as the S and P 500 CAPE ratio nears levels seen only during times of extreme valuations. High readings like this point to weaker long-term returns for investors, but they do not predict a crash happening in the near term. Buffett focuses instead on economic moats, steady cash flows, and businesses that can grow across different market cycles.