{"id":270568,"date":"2025-11-04T09:05:09","date_gmt":"2025-11-04T09:05:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/270568\/"},"modified":"2025-11-04T09:05:09","modified_gmt":"2025-11-04T09:05:09","slug":"wall-street-ceos-warn-of-market-pullback-from-rich-valuations","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/270568\/","title":{"rendered":"Wall Street CEOs Warn of Market Pullback From Rich Valuations"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Wall Street chief executives said investors should brace for an equity market drop of more than 10% in the next 12 to 24 months, and that such a correction may be a positive development. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Corporate earnings are strong but \u201cwhat\u2019s challenging are valuations,\u201d said Mike Gitlin, who helps oversee about $3 trillion as president and chief executive officer of investment manager <a href=\"https:\/\/www.bloomberg.com\/quote\/0759581D:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Capital Group<\/a>, during a financial summit organized by the Hong Kong Monetary Authority on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"Wall Street chief executives said investors should brace for an equity market drop of more than 10% in&hellip;\n","protected":false},"author":2,"featured_media":270569,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[28,11637,144862,8084,9135,1533,5425,112,117,923,144861,918],"class_list":{"0":"post-270568","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-chief-executive-officer","10":"tag-david-michael-solomon","11":"tag-earnings","12":"tag-executives","13":"tag-goldman-sachs-group-inc","14":"tag-hong-kong","15":"tag-markets","16":"tag-sp-500-index","17":"tag-stocks","18":"tag-ted-pick","19":"tag-wall-street"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/270568","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=270568"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/270568\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/270569"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=270568"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=270568"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=270568"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}