Bloomberg Intelligence's 'Equity Market Minute' 9/11/2019

Gina Martin Adams discusses the current state of the equity market, highlighting investor concerns about a potential recession. She explains that the equity risk premium is at a historically high level, indicating risk intolerance similar to past crises. Additionally, the premium for defensiveness in the market is significantly elevated, reflecting a preference for stable stocks. The analysis suggests that an economic growth surprise could positively impact stocks in the coming year.

What implications does the pricing of a potential US recession have on stock valuations?

What are the key valuation measures mentioned that suggest future stock performance?