I provided an update almost half a year ago on where the market valuation is at that point in time. You can read the article here. The market was obviously much more bullish back then. I remember the index going up and up and there is only one way the market was going to go. Everyone was bullish and our local STI index has even hit the 3,500 point. Everyone was putting their guard down. Then Black Monday came and the market went into correction mode since then. At one point, STI even came close down to a bear territory before bouncing back to where they are now. The mood in the market was visibly much more cautious than where they are half a year ago. 1.) Market Capitalization to GDP (Buffett Valuation Indicator) The market cap to GDP ratio, also dubbed the Buffett valuation indicator, is a long ......