The Wall Street subway stop
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- Investors have grown concerned that the stock market is overvalued.
- But the market may have less risk than feared, a ProShares analyst told Bloomberg TV.
- There is much less leverage in stocks than 20 years ago, he said.
While mega-cap tech stocks have led the S&P 500 to record highs, the market now hovers at valuations some consider to be extremely over-priced. That might be a pointless worry, a ProShares Advisors strategist said.