Yale's Robert Shiller and Bank of America Merrill Lynch both survey investors about how they feel about valuation levels. And according to recent results, they don't feel great.
The sharp decline last Thursday was blamed on rumors of another White House resignation but the technical studies had warned of such a drop early in the week. The lack of additional selling on Friday is keeping many complacent but are there really any signs the correction is ending?
Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is ridiculous.