Rabobank's Every Says Markets Still Look Pretty Rich

The video discusses the current state of the market, highlighting the need for caution among investors due to the market's richness and structural issues. It emphasizes the potential risks associated with passive funds and risk parity trades. The discussion also touches on the impact of inflation and market reactions to new data. Finally, it explores investment strategies in the face of market volatility, questioning the logic of buying the dip given the potential for significant market drops.

How does the speaker describe the market structure in relation to active and passive funds?

What is the speaker's perspective on buying the dip in the current market?