Surveillance: Equity Caution with Wei Li
Bloomberg Surveillance
00:00
The Equity Market Rally, You're Still Conservative on Equity Markets
The equity market rally, you stayed Conservative on equities. Can you walk us through why? I have no clue just to add to your own time. But the reason that we're cautious on equities is really that if you look at where valuations are, it's pricing in steel. A very modest growth outlook for the economy, as well as for earnings,. And if you lookat where rates are, as you know, we have been off the view that they cannot cut rates.
Play episode from 01:32
Transcript
