Bank of England warns: Stock market valuations are too high, and a "correction" may be imminent.

The Deputy Governor in charge of financial stability at the Bank of England, Briden, stated that concerns about an imminent "adjustment" in the stock market have been raised due to overvaluation and accumulating risks. Despite the ongoing uncertainty brought by the US-Iran conflict, global stock markets have shown resilience. Macro-economic risks have not been fully reflected in the stock market. "There are significant external risks, yet asset prices are at historical highs," she said. "We expect a correction sooner or later." It is rare for Bank of England officials to speak so openly about their expectations for the capital markets.