US stocks hit new all-time highs; what risks threaten the market in the second half of the year?

* Edward Jones Investments: 'There may be further episodes of volatility, but we believe the fundamentals supporting stocks remain strong and #8221;
* Integrity Asset Management: 'From a valuation and earnings growth perspective, the context is not very favorable and #8221;
* Invesco Asset Management: 'Markets outside the US generally trade at lower multiples, and we believe the gap with the US will continue to narrow and #8221;

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