Beware valuations as stocks surge to new record highs

The Dow Jones Industrial Average just broke the 22,000 level for the first time ever this week, but there's a mounting debate about whether the market is too expensive for its own good. Business Insider CEO Henry Blodget discusses the signs of over-exuberance in the market right now and looks at how extended valuation levels are relative to history.

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(Source: The Bottom Line with Henry Blodget)