The broad rally for the S&P 500 index has continued so far in 2025, with a 2% increase for the large-cap U.S. benchmark index through last week. This has some investors continuing to worry that ...

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After an extended bull run, the S&P 500 as a whole is expensively priced based on valuation metrics. So the usual chorus of warnings that the stock market is overvalued is getting louder.