I enjoyed reading the below linked article because it mirrors my own thinking about the markets. My thinking is that stocks, in general, are ovevalued along with most bonds. The article explains this in easy to understand language why valuations are what they are.
So, what is an investor to do?
Read the article as it provides some good ideas that investors should consider in positioning their portfolio in this overvalued market.
https://www.marketwatch.com/story/stocks-and-bonds-appear-to-be-sending-different-messages-heres-why-thats-not-the-case-2019-11-18For me, I've been buying in select mutual funds that can generate income as well as some that offer capital appreciation. Several that I have on my add money to list and have recently, or plan to soon, put money into follow by investment area. In the cash area of my portfolio it is GOFXX. In the income area they are JGIAX and BLADX. In the growth & income area they are DWGAX and INUTX. And, in the growth area it is KAUAX. There are a few others but these follow my current major investment themes. And, when in doubt ... as my late father use to say ... spread it out.
I wish all ... "Good Investing."
Old_Skeet