It’s not what happens that matters, but what’s priced in

In the US, equity valuations are still high and there is downside risk to earnings estimates. Meanwhile, even after the recent sell-off, investors in global equities have mainly positioned themselves for a positive future despite high levels of uncertainty. There is little contingency planning and still a great deal of confidence. 

Equity Trustees Limited ABN 46 004 031 298 AFSL 240975, is the Responsible Entity for the Talaria Global Equity Fund Complex ETF. This information does not take into account the investment objectives, financial situation or needs of any person. Returns are not guaranteed. You should read the PDS & TMD available here