What nine different indicators say about market exuberance, according to Goldman Sachs

Goldman Sachs says the stock market is closer to a dangerous bubble than it was a few months ago, but its overall risk indicator set is still not especially alarming. The message is cautious rather than outright bearish: sentiment and positioning look stretched, yet the broader warning signs have not reached extreme levels.

Analysis

Goldman Sachs says the stock market is closer to a dangerous bubble than it was a few months ago, but its overall risk indicator set is still not especially alarming. The message is cautious rather than outright bearish: sentiment and positioning look stretched, yet the broader warning signs have not reached extreme levels.