Stock Valuations Should Worry Investors: Abby Joseph Cohen

• Current market valuations are 'priced to perfection,' leading to investor concern.
• Investors should be 'concerned and careful' and focus on fundamental analysis.
• Insufficient job creation is identified as a key economic weakness.

Abby Joseph Cohen, a Columbia Business School professor, warns that current market valuations are 'priced to perfection,' necessitating caution from investors. She emphasizes the importance of fundamental analysis, including corporate profitability, balance sheets, and economic strength, and highlights a concern about insufficient job creation.