The year is young, but already the FTSE 100, S&P 500 and Dow Jones Industrial Average have past their all-time highs. Many equity market bulls will feel vindicated. Other investors might be getting nervous. So is this all a mad sugar rush? Do higher share prices imply higher valuations, and if so, is there the risk that equities are over-valued and headed for a fall?
For this IC special podcast, tips editor Algy Hall and specialist writer James Norrington join Alex Newman to ask whether equities are looking overvalued.
Produced by Dominic Toms. Introduction audio is the copyright of Euronews, Reuters and Bloomberg.