Everyone agrees stocks are suspiciously high. And everyone agrees they’re going higher anyway. 

The American Federal Reserve indicated that there are probably discounts in additional interest rates – and that new cheap funds will be good for future stocks.

The problem is that the market is very high historically. luckS Shawn Tully notes that the rate of S&P 500 to the profits reaches 30, which often indicates imminent death. “PE of 30 means that large CAP shares are really expensive according to historical standards. They also indicate that from these highlands, the opportunity of the big returns to move forward during any low period is low, and he wrote that the risk of sharp to the average bounce is” more likely. ”

But gossip among investors is that the market is likely to plow before the correction appears specifically because the federal reserve discounts appear baked.

“As for stocks, history indicates that the path forward is likely to be higher, based on previous cases when shares are traded near or in record levels,” said Adam Teresuett, the chief technical strategy of the LPL Financial in Charlotte. luck This morning. “From a technical perspective, it is difficult to argue with the rise market that makes new levels of levels and is operated with periodic driving. However, building excessive conditions at the peak of breadth in the different market indicates that this melting may be due to some cooling.”

The S&P 500 is largely driven by the 7 wonderful technology stocks and the huge amount of investment and the ongoing spending on artificial intelligence. If the wealth of artificial intelligence companies reflect, the repercussions will be dangerous. Without the spending of Amnesty International, the United States will be in stagnation, according to Deutsche Bank.

However, the party is likely to continue, although American stock markets depend on the fate of only seven – or perhaps only one – Kompany:

“It is fair to say that the expectations are that the increasing AI Capex spending will not stop until there is a reason for doubting the potential profitability of it. So, it will remain a large topic from top to bottom for 2026,” said Jim Reed and his team in Deutsche in an email this morning. “Simplification, perhaps Nvidia, which used only 36,000 people in the last update earlier this year, carries the keys to all global macro in 2026!”

Below is a snapshot of markets before the opening bell in New York this morning:

• S & P 500 futures contracts 0.9 % decreased this morning. The index closed 0.28 % at its last session.
• Stoxx Europe 600 0.49 % decreased in early trading.
• FTSE 100 in the United Kingdom Decrease 0.27 % in early trading.
• Japan Nikki 225 It was 0.27 %.
• China CSI 300 It was 0.6 %.
• South Korea Cuban It was flat.
• Elegant India 50 0.4 % decreased before the end of the session.
• Bitcoin She refused to 111.8 thousand dollars.