The stock market is back to where it was January 2020 when it was also overvalued and overbought. Monetary stimulus (QE) as a percentage of market cap is lower and fiscal stimulus is a long ways off (and will trickle in when it comes).
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Disclaimer: I own a Registered Investment Advisor, but publish separately from that entity for self-directed investors. See relevant terms and disclaimers at the website of Bluemound Asset ...
Disclaimer: I own a Registered Investment Advisor, but publish separately from that entity for self-directed investors. See relevant terms and disclaimers at the website of Bluemound Asset Management, LLC. Any information, opinions, research or thoughts presented are not specific advice as I do not have full knowledge of your circumstances. All investors ought to take special care to consider risk, as all investments carry the potential for loss. Consulting an investment advisor might be in your best interest before proceeding on any trade or investment.