Markets are not overpriced by any metric I can see. The current P/E of the S&P is about 22 and not overly high by historical standards and actually considered low by some given the state of our economy.
https://fortune.com/2019/07/31/yes-stocks-are-overvalued-but-by-how-much-heres-what-history-tells-us/
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https://www.independentadvisorthayes.com/investing-overpriced-stock-market/
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https://www.barrons.com/articles/who-says-this-market-is-overpriced-1525716705
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https://www.marketwatch.com/story/this-stock-market-indicator-hasnt-been-so-inflated-since-the-internet-bubble-top-2018-09-18
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