On the other hand it is not likely that interest rates will remain this low for very long. How much money can be poured into 30 year bonds with less than a 2% coupon rate? How long will the Fed continue its asset purchase program? How much more supply can be added to the bond market before demand begins to run out? One way or another interest rates will begin to rise, and then the stock market will be forced to correct.

We have had a 40 year bull market in bonds, but that is almost certainly coming to an end. There is just no more room for that bull to run.

nvm, just got to the "Criticisms of The Buffett Indicator" section where they cover just this topic :)