Optimistic About Equities, Despite Risks, CCLA’s Bevan Says

The transcript discusses the valuation of the S&P 500 and tech companies, comparing current figures to those in 1999. It highlights the relatively high valuations but notes they are not as extreme as in the past. The discussion also covers the low bond yields and their recent rise, indicating market concerns about valuations and central bank actions. Despite these concerns, there is optimism about equities, though risks from central banks and COVID-19 are acknowledged.

What concerns are the bond markets becoming aware of?

What risks does the speaker recognize regarding equities?