Valuations are 'strong': What PIMCO's John Studzinski thinks of markets right now
Market valuations are strong, but reflect the expectation of an economic recovery in the second half of this year, Pimco's John Studzinski said.
Source: msn.com
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NASDAQ hits fresh record highs as hedge fund manager warns valuations are "strong"
An accelerated economic recovery is expected in the second half of 2021 NASDAQ Composite Index price is up 1.2% on the day to hit levels above 13700 for the first time ever NASDAQ Composite Index is trading about 1.2% higher on Monday to hit fresh record highs at 13,729, driven by a surge in Apple stock. Fundamental analysis: Valuations strong John Studzinski, vice chairman at asset management company PIMCO, says current market valuations are “strong” but also indicate an economic recovery expected in the second half of 2021. Are you looking for fast-news, hot-tips and market analysis? ...
Source: invezz.com