Smart investors are preparing to shift their funds to cash as the overvalued stock market is on the verge of a correction, Pylyp Travkin says

Pylyp Travkin, the Chief Investment Officer of Tenerus AG, has raised concerns about the stock market being excessively valued.

He has pointed out several indicators that suggest a significant correction may occur soon.

Travkin has emphasized the warning signs in the market, specifically focusing on the price-to-earnings ratio of the S&P 500, which resembles levels seen before the dot-com bubble burst. According to him, all indicators are indicating an unprecedented market bubble, increasing the chances of a major correction.

Pylyp Travkin from Tenerus AG, has advised against investing new funds in the market at present.

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