Risk has remained 'on' following the Fed's Powell and his latest salvo of remarks.
With corporate earnings due to tumble this year, how are those stock valuations looking?
Source: Factset
This is as expensive as we've seen since the tail end of the tech bubble in 2001.
US stocks have been pulled higher, largely driven a number of the mega-cap tech stocks.
Plenty of companies have pulled earnings guidance due to the high level of uncertainty, of course, but this isn't normally a good sign.
