Top executives from major Wall Street investment banks have issued warnings about a potential stock market correction exceeding 10% in the next 12 to 24 months. Mike Gitlin, CEO of Capital Group, highlighted strong corporate earnings but noted challenges with current valuations. Morgan Stanley's CEO Ted Pick and Goldman Sachs' CEO Solomon echoed these sentiments, emphasizing that such corrections are typical in market cycles. Solomon further remarked that while tech stock valuations are elevated, the overall market is not necessarily overvalued.