Market Analysts Warn of Overvaluation Amid Record Stock Gains

Analysts are warning of market overvaluation after the Stockholm Stock Exchange reached record levels amid similar concerns regarding high United States valuations.The Swedish defense firm Saab hit record prices despite warnings from Peter Hedlund, while the S&P 500 CAPE ratio reached 40 as noted by Mebane Faber.Historically, such high valuation levels have preceded periods of near-zero returns after inflation, leading investors to seek diversification in cheaper markets.