The valuations are very rich, but the momentum is very high out here. And the order wins are good. But if you really want to take a fundamental view in terms of the valuations, I think they are a little stretched out here. And while we obviously would not want to ask people to sell, but you have to be very careful with these trades out there.
Mark Matthews sees risk of 20% market correction in 2025, warns valuations are high
We have not reduced our own risk in our portfolios. But we are suspecting that at some point this year, there will be a reason
January 10, 2025