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Former Fed Chair Jerome Powell's 6-Word Warning Echoes Louder Than Ever -- and It Should Rightly Terrify Wall Street

Key PointsIt’s been a history-filled year for Wall Street, with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite rocketing to new respective highs.

Former Fed Chair Jerome Powell's six-word warning about stock valuations has grown louder on Wall Street, potentially terrifying investors. In May 2026, Powell, now on the Board of Governors of the Federal Reserve, warned that equity prices are "fairly highly valued" during a rare discussion on stock valuations.

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