Powell Sees Stocks As Expensive. That’s Not His Problem.

1. Jerome Powell cites inflation risks rising and employment risks declining. 2. Equity prices are highly valued, but no financial stability concerns exist. 3. S&P 500 profits forecasted to increase by 10.6% this year. 4. Big tech stocks like NVIDIA hold exceptional influence on the S&P 500. 5. Investor sentiment remains strong despite rising asset valuations.