Morningstar: Remain Overweight Value Stocks

The video discusses the current state of the market, highlighting that the S&P 500 is overvalued by 5%. It suggests focusing on value categories and large-cap stocks. The energy sector is identified as undervalued, with potential in transition energy. The impact of COVID-19 variants on economic normalization is considered a risk. Interest rates are expected to rise, with inflation projected to increase moderately over the next few years.

What is the expected trend for treasury yields in the second half of the year?

What inflation rates are projected for 2022 and 2023?