CMC McCarthy Sees Calm in the Markets, Heading Lower

The video discusses market concerns for 2018, focusing on potential endogenous events, market reactions, and valuation pullbacks. It highlights the risks of inflation and geopolitical issues, while analyzing the impact of interest rates on the S&P 500 and market PE. The discussion concludes with insights on market adjustments and a positive outlook for the S&P 500, reflecting underlying economic fundamentals.

What factors are contributing to the need for a repricing and readjustment in the market?

What overall outlook does the text suggest for the S&P 500 despite the potential pullback?