Stan Wong's Top Picks: Feb. 25, 2021 - BNN Bloomberg
Stan Wong's Top Picks: Feb. 25, 2021 BNN Bloomberg VIDEO SIGN OUT Focus: North American large cap stocks and ETFs MARKET OUTLOOK From a technical perspective, North American equity markets look somewhat extended as they approach potential resistance levels. The markets have also been trading near overbought readings for several months now. Fundamentally, equity market valuations appear elevated but a meaningful improvement in corporate earnings in the coming quarters should ease valuation worries. The implications of rising bond yields and excess inflation are also near-term risk cons...