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Warning: Extreme Greed Ahead
From:
Greg Womack -- Certified Financial Planner Greg Womack -- Certified Financial Planner
Oklahoma City , OK
Wednesday, October 11, 2017

 

Warren Buffett famously said "Be fearful when others are greedy and greedy when others are fearful."  Given that, the latest reading from CNN's Fear & Greed Index may be cause for concern.  The latest reading of the index is 95 on a scale of 100, its highest level in at least three years.  That level is labeled by CNN as "Extreme Greed", which would seem to qualify for Buffett-like caution, if not outright fear.

 
Greg Womack, CFP
President
Womack Investment Advisers
Edmond, OK
405-340-1717
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