The link below is Ray Dalio's analysis "Are We In a Stock Market Bubble?"
Brutally summarized: we're at about 77% of the historical maximum bubble. The point worth noting isn't whether the bubble reaches 100% — what matters more is whether there is (or what is) a momentum that pops the bubble. For reference, subprime burst at 60%.
www.bridgewater.com/research-and-insights/ray-dalio-stock-market-bubble
Stock Market Bubble?
I’ve seen a lot of bubbles in my time and I have studied even more in history, so I know what I mean by a bubble and I systemized it into a “bubble indicator” that I monitor to help give me perspective on each market.
www.bridgewater.com
If you use Whale with Papago on right-click, or Chrome with its right-click Korean translation, it's worth a read.
For the record, this was my first time comparing Papago and Google Translate, and — oh, Whale/Papago's translation was relatively, noticeably more accurate.
End.
