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Peter Mallouk, industry influencer, observes that U.S. stocks are currently priced at expensive levels by nearly every metric.
He points to a chart from Charles Schwab to support this assessment.
Mallouk previously commented that the stock market's long-term average return of 10 percent often comes with unpredictable and volatile swings, according to a recent article. In another note, he emphasized that markets focus on earnings, innovation, and growth rather than politics, pointing to underlying economic fundamentals. These observations frame his current assessment of pricing levels in U.S. equities.