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📰 [Multiple Hidden Concerns Behind the New Highs in U.S. Stocks, Current "Price-to-Earnings Ratio" Only Second to the Internet Bubble Era]
BlockBeats news, May 1st, according to the Financial Times report, despite the S&P 500 and Nasdaq indices recently hitting record highs, there are still multiple risk hidden dangers behind the market. Valuations are in a historically high range, data shows that as of April 2026, the S&P 500 trailing P/E ratio is about 24 times (historical average about 16 times), the Shiller P/E (cyclically adjusted) has risen above 37 times, reaching an extremely high level in history, second only to the Internet bubble period. This "valuation + high expectations" combination means the market's tolerance for errors is extremely limited. Moreover, the current rise in U.S. stocks is based on optimistic assumptions such as "AI-driven profits, falling inflation, declining interest rates, and manageable risks"...
Brothers, U.S. stocks are hitting new highs again? Do you think that's good news? I tell you, this P/E ratio is only second to the Internet bubble era. These Americans are using AI as a life-saving straw, constantly hyping profit expectations, but now the valuation of the S&P is nearly half above the historical average.
I've been in the crypto world for eight years, seen too many examples of bubbles being blown up to the sky and then crashing to pieces. Now, the valuation of U.S. stocks is just like when Bitcoin was at 20,000 dollars—looking lively, but actually very虚.
Don’t be fooled by this news, thinking that the whole world is rising. The market’s tolerance for error is extremely small. Once any assumption fails, for example, AI profits fall short of expectations, or inflation rebounds, this bubble will burst with a poke. Where will the funds go then? Crypto? Don’t be naive, funds will only flow into safe-haven assets.
Remember, this bull market is not driven by macroeconomics, but by real liquidity. When the U.S. stock market crashes, the crypto market will only follow suit. Don’t think about decoupling. Now is not the time to impulsively go all-in; it’s time to be cautious, protect your principal. Otherwise, if you don’t sell at the bottom of the U.S. stocks, your crypto positions will be wiped out first.
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