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This Is the Most Expensive Stock Market in 26 Years. Should Investors Be Worried?

Today's market is now the second-most expensive in history.

This Is the Most Expensive Stock Market in 26 Years. Should Investors Be Worried?

Published July 15, 2026 · Category: Finance

Overview

Since the 2022 bear market, the U.S. stock market has been on an impressive run. In the 2.5 years since then, the S&P 500 (SNPINDEX: ^GSPC) -- which many consider the stock market's most important index -- is up 97% (as of market close on July 10).

Much of this run has come at the hands of the current artificial intelligence (AI) boom and the fact that megacap tech stocks have seen their valuations skyrocket. And on the one hand, if you've been along for the ride, you've seen some good returns, no doubt about it.

Details

On the other hand, the downside of this run-up is that the market is now the second-most expensive in history. Considering that, is now the time for investors to begin worrying?

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Source

Originally published at www.fool.com.

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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.