Concerns are mounting that markets are now overvalued. Photograph: Alex Kraus/BloombergIt’s hardly great timing for the 750,000 or so workers in the Republic about to be swept into the State’s new automatic-enrolment pension scheme, as concerns mount that markets are well into bubble territory. Retail investors have grown to account for 20-30 per cent of Wall Street trading volumes, according to the Securities Industry and Financial Markets Association. JP Morgan analysts noted this week that retail investors are dialling back risky stock bets. The average annual return of the S&P 500 since its inception in 1957 is a little over 10 per cent.

Source: The Irish Times November 15, 2025 07:59 UTC