Markets are entering the 'frothy territory' reached before the last 2 financial crises

Stocks look expensive by multiple measures, and they have for a while now. But that hasn't stopped major indices from achieving new highs as market fundamentals have looked more than capable of withstanding higher prices.
That all could change as the stock market swells to a size rarely seen outside of 2000 and 2008, just before the two most recent stock market crashes, says Deutsche Bank.
Rather than assessing the stock market using more traditional methods such as price-to-