Goldman Sachs Asked Two of the World's Best-Known Economists If U.S. Stocks Are in a

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#1
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"For a start, the typical stock in the S&P 500 trades at 18.1 times forward earnings, which ranks in the 98th percentile of historical valuation since 1976."

- Bloomberg

I exited the US market back in mid 2014 as I thought valuations were on the pricey side. Haven't changed my opinion much. Not sure if we are in bubble territory yet... but valuations back in Asia sure are more attractive at this point.
http://theasiareport.com - Reflections From Finding Value In Asia
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#2
Its definitely highly priced, though I'm not sure I would class it as a 'bubble'
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