US Stocks Are Dangerously Overpriced (Here’s Proof)

Tech is heavier, valuations are higher, and classic warning signals are flashing red. Four different charts now point to U.S. stocks trading at levels not seen since the dot-com mania. History doesn’t usually stay kind at these peaks.

When multiple indicators line up, investors should pay attention. The tech sector now makes up a bigger slice of the S&P 500 than in 2000. A large share of the index trades at sky-high price-to-sales ratios. The Buffett Indicator, which compares total market cap to GDP, is at extreme highs. And the CAPE ratio, a long-term valuation measure, is sitting close to dot-com crash levels.

None of these charts alone tells the full story, but together they paint a clear picture: U.S. stocks are priced for perfection in an imperfect world.

While everyone chased AI and mega-cap names, one broker quietly doubled in a year—delivering a staggering 75% profit margin. Numbers this clean don’t show up often.

Interactive Brokers ($IBKR) has posted extraordinary results that rival even the hottest tech companies.

Over the past decade, revenue compounded at 15.6% annually, while earnings per share grew at a blistering 36.2% rate. With a 5-year average ROIC near 19% and current profit margins north of 75%, the business is showing world-class efficiency.

The earnings CAGR sits at 21%, powering stock price momentum that’s surged over 100% in the last year. Unlike hype-driven narratives, this story is built on solid fundamentals: disciplined growth, consistent profitability, and scalability. It’s a reminder that sometimes the best opportunities are hiding in plain sight.

After years of burning billions, Uber’s free cash flow is surging. The turnaround playbook is simple: hook customers, then raise prices. Now the numbers speak for themselves.

Uber’s journey from cash-burning startup to profitable giant has been anything but smooth. From 2019 through 2021, the company lost billions funding cheap rides.

But the strategy worked—it built customer habits worldwide. Starting in 2022, Uber slowly flipped the switch. Price hikes and operational discipline pushed free cash flow into positive territory, and by 2024–2025, the growth curve is undeniable.

Investors once doubted whether Uber could ever become profitable, but today its cash generation rivals established giants. It’s a classic case of “lose money to make money,” and it shows how scale, patience, and strategy can eventually turn red ink into strong free cash flow.

Google searches for “help with mortgage” just passed 2008 levels. That’s right—the financial fear people are feeling today is greater than during the housing crash.

In times of financial stress, search trends can reveal what official numbers often hide. The fact that more people are now searching for “help with mortgage” than during the 2008 crisis is a powerful signal. Rising interest rates, elevated home prices, and strained household budgets have combined into a dangerous cocktail for homeowners.

Unlike 2008, this isn’t driven by reckless lending—it’s affordability that’s collapsing. When mortgage payments eat an outsized share of income, it creates cracks that ripple across the economy.

If the trend continues, it could reshape consumer spending, real estate markets, and even the broader financial system. This spike in searches isn’t noise—it’s fear made visible.

Skip the noise and endless guru advice. This one-page cheatsheet distills the mindset, tools, and strategies every investor should know—whether you’re just starting or leveling up.