Is the stock market way too hot?
Valuations on the broader market and popular stocks such as Nvidia (NVDA) just feel too hot, pros are starting to chatter about.
"There's definitely some level of froth [in markets]," Fed Watch Advisors founder Ben Emons told Yahoo Finance Executive Editor Brian Sozzi on Yahoo Finance's Opening Bid podcast. "There's a lot of liquidity in the market. You see speculation through these meme stocks — so that's happening."
Emons isn't alone.
Morgan Stanley's top strategist Mike Wilson warned this week of a 10% pullback in stocks ahead of the election. Wilson is among the experts on the worried about current stock valuations.
And Nvidia's stock caught a rare downgrade to neutral by New Street Research on valuation concerns.
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