Irrational Exuberance?

Stocks Are Doing So Well That It May Be Time to Start Worrying
https://www.bloomberg.com/news/articles/2023-07-30/stocks-are-doing-so-well-that-it-may-be-time-to-start-worrying

Traders Are Risking It All on Bets That Market Boom Will Last
https://www.bloomberg.com/news/articles/2023-07-28/-dangerous-consensus-has-investors-betting-it-all-on-buoyant-markets

The Benefit of Owning Stocks Over Bonds Keeps Shrinking

https://www.wsj.com/articles/the-benefit-of-owning-stocks-over-bonds-keeps-shrinking-20528203

Related:

https://markets.businessinsider.com/news/stocks/stock-market-crash-sp-500-64-percent-john-hussman-bubble-2023-7  

https://thehill.com/opinion/finance/4121540-traditional-recession-indicators-have-misfired-are-we-in-for-a-sneaky-recession/