Season 10 · Episode 23
A Bottom-Up Look At The Bear Case On Iran, US Valuations From Two Perspectives
RBC's Markets in Motion · RBC Capital Markets
March 9, 20266m 55s
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Show Notes
The big things you need to know:
- First, we review the results of a survey we conducted of RBC’s equity analysts on the conflict in Iran, which helps explain the resilience we’ve seen in the S&P 500.
- Second, the valuation and sentiment barometers we’re tracking point to room for further downside in the S&P 500 in the near-term in absolute terms, while our work on US valuations vs. other global developed markets highlights why the US equity market has been embraced as a safe haven, helping outperformance versus global peers to re-ignite.