Example: 7,123,238 million is equal to 7.123238 trillion. Where 7,123.238 billion is equal to 7.123238 trillion. So, write it as 7.123
The traditional Buffett Indicator, also known as the Market Cap to GDP Ratio, has been a popular tool for evaluating stock market valuations. However, with changes in the global economy and the role of central banks, a new version of this indicator has been developed: the Market Cap to GDP + Central Bank Assets Ratio Calculator. This updated metric adds an extra layer of insight by including central bank assets in the calculation, providing a more comprehensive view of market valuations.