Q: Interview of 3 economists this month wich similar conclusions :"markets are extremely ( and historicaly) overvalued" , all anticipate some correction in January and "roller-coaster" after..No mention of sectors though ...Do you agree with this overvaluation thesis, and if this were the case ,what sectors would be less at risk ?
5i Research Answer:
We might push back on the overvaluation thesis a bit. Markets aren't 'cheap' (moreso large-caps)...