Are You Starting to Worry About Financial Market Conditions?

There's this growth conundrum with investors trying to figure out which is the most likely path from here. But you add on to that a correction of the excesses that we've built up over the last four years, and amplified by very low liquidity in both equities and fixed income markets. So i think at the moment, we've seen a big correction in valuations. We've seen nearly a 20 % contraction in the multiple with the s m p 500 now trading at average valuations. You still have very low conviction from investors to really truly believe this is a the end because you still have all these uncertainties. I think you specially need a bigger conviction on that growth scenaria front