The US stock market Is historically overvalued. There are bargains elsewhere. AIA Weekly 2.17.24

From a historical perspective, specific sectors of the US market market, particularly the tech sector, are highly overvalued. Other sectors, like energy, are at multi-decade levels of relative undervaluation.

I have found success in buying undervalued assets, waiting for the market to discover that undervaluation, and then re-rate those assets higher.