Nosebleed valuations in tech. Second highest Shiller PE in S&P. The median PE of the S&P is higher than in 2001; so it's more broadly carried (can't find source right away).
It's also the age of the ETF, which was a good thing. Except that by now the industry may have created some real beauties. Remember XIV?
Also government bonds; as much as I love Italy, somebody bought the 10yr of that country for a 1% yield in 2016. Somebody also bought those Mexican 100yr bonds.
Even something as silly as Dogecoin's marketcap standing at $600 million suggests that the entire world is in the middle of a speculative binge.