Ron Temple, Chief Market Strategist at Lazard, has raised concerns about the current state of U.S. markets. He believes markets are overvalued and warns that inflation could rise above 4% due to the impact of tariffs. Temple suggests that investors should consider diversifying their portfolios by looking at equity opportunities in Europe, Japan, and emerging markets. He emphasizes the importance of understanding economic indicators and market valuations to make informed investment decisions. Listening to insights from experts like Temple can help investors navigate potential market risks effectively.