Luca Paolini Says Valuations Are Stretched, Prepare For Volatile Period

Luca Paolini says we're seeing very stretched valuations in both absolute and relative terms, with equities likely to enter a more difficult and volatile period. He downgrades equities to neutral and raises cash. Paolini notes that while the economic outlook is still strong, it is unlikely to improve further as U.S. fiscal boost is fading.

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Luca Paolini Says Valuations Are Stretched, Prepare For Volatile Period

Luca Paolini says we're seeing very stretched valuations in both absolute and relative terms, with equities likely to enter a more difficult and volatile period. He downgrades equities to neutral and raises cash. Paolini notes that while the economic outlook is still strong, it is unlikely to improve further as U.S. fiscal boost is fading.

ON AIR
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Market Overtime
replay

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