What Can Stop the Stock Market Rally?

The video discusses the ongoing rally in stocks and the risks associated with high valuations and investor herding, particularly in the search for yield. It highlights the importance of understanding both momentum and fair value in investment strategies. The discussion also covers the challenges of hedging in a volatile market and the complexities of investing in alternatives, given their high pricing and complexity.

What challenges do investors face when trying to hedge their investments?

What alternatives are suggested for investors concerned about high valuations?