From US News & World Report:
Stocks are near their all-time highs, and despite gains since the election it’s only natural to wonder if uncertainty in Washington or some overseas event could hammer the markets.
“It would certainly be difficult to argue that the current equity markets are undervalued,” says Robert R. Johnson, president of the American College of Financial Services in Bryn Mawr, Pennsylvania, though he warns of many risks of betting on a downturn.