Reported about 10 hours ago
Federal Reserve Chair Jerome Powell and billionaire investor Warren Buffett have both raised alarms about the current overvaluation of stocks, despite a record-high S&P 500 index. Buffett has increased his cash reserves, suggesting a lack of appealing buying opportunities, while Powell noted that equity prices are 'fairly highly valued.' Historical trends indicate that such conditions often precede market declines. Investors are encouraged to remain selective and seek reasonably priced stocks.
Source: YAHOO