美国股票市场估值在2026年初创历史新高,尽管有些股票估值过低,但仍引起纠正方面的恐惧。 U.S. stock market valuations hit a record high in early 2026, raising correction fears despite some undervalued stocks.

美国股市的沃伦·巴菲特指标在2026年初达到220.1%,表明与经济产出相比可能估价过高,超过了2022年衰退前的水平。 The U.S. stock market's Warren Buffett indicator hit 220.1% in early 2026, signaling potential overvaluation compared to economic output, surpassing levels before the 2022 downturn. 主要机构警告说,如果收入缓慢,可能出现两位数的S&P 500下降,对市场纠正的担忧日益加深。 Major institutions warn of possible double-digit S&P 500 declines if earnings slow, increasing concern over a market correction. 虽然广泛估值仍然很高,但像特雷克斯(Trex)这样的一些股票在一年中下降35%以上,其交易低于历史的P/E比率,可能具有价值。 While broad valuations remain high, some stocks like Trex, down over 35% in a year and trading below its historical P/E ratio, may offer value. 投资者按照沃伦·巴菲特的战略持有现金,因为他们在等待收入、通货膨胀和稳定迹象的利率数据。 Investors are holding cash, following Warren Buffett’s strategy, as they await earnings, inflation, and rate data for signs of stability.