Bank of America survey: Nearly 90% of investors believe that the valuation of US stocks is too high

In Bank of America's February Global Fund Manager Survey, 89% of investors surveyed believed that U.S. stocks were overvalued.
The survey found that this was the highest level since at least April 2001. Over the past 10 years, an average of 81% of fund manager investors surveyed have consistently believed that U.S. stocks are overvalued. (Jin Ten)