Equities Are Very Cheap Compared to Bonds, Latitude CIO Says

The transcript discusses the potential impact of Brexit on UK stocks, particularly Tesco, and the implications of regulatory actions on Imperial Brands in the vaping industry. It also covers the valuation of stocks compared to bonds, highlighting the current market conditions and future expectations.

What factors does the speaker believe contribute to the current cheapness of stocks compared to bonds?

How does the speaker perceive the relationship between bond yields and stock valuations?