Priced for Perfection: Has the Reflation Trade Gone Too Far?

Published on
March 25th, 2021
Duration
32 minutes


Priced for Perfection: Has the Reflation Trade Gone Too Far?

Daily Briefing ·
Featuring Amanda Agati, Marc Chandler and Ed Harrison

Published on: March 25th, 2021 • Duration: 32 minutes

Real Vision managing editor Ed Harrison welcomes to the Daily Briefing Amanda Agati, chief investment strategist of PNC Financial Services Group, and Marc Chandler, chief market strategist at Bannockburn Global Forex. Agati shares her view on U.S. equity valuations, noting that stocks might have run too far, too fast amid reflation optimism, and Chandler argues that market performance will ultimately hinge on liquidity conditions, making the long-term case for why the dollar could be approaching the end of its bull cycle as twin deficits weigh it down. Agati also highlights that there is much opportunity in both the debt and equity of emerging markets, noting serious composition changes with the various indices. Lastly, Agati and Chandler share their views on bonds and credit.

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