Reported about 19 hours ago
The stock market has recently reached unprecedented levels, with the S&P 500's price-to-book ratio hitting an all-time high of 5.30, a figure that historically precedes significant market corrections. While the current rally is bolstered by factors such as advancements in artificial intelligence and substantial corporate earnings growth, there's a growing concern among investors as various valuation metrics signal potential risks reminiscent of past market downturns.
Source: YAHOO