Abby Joseph Cohen Sees Investors Acting Like Investors Again

The video discusses the current market rotation and financial stability, highlighting high valuations and the impact of rising inflation and interest rates. It predicts modest and potentially volatile returns in the US equity market. The focus shifts to investor behavior, emphasizing a move from momentum to relative valuation, and the importance of companies with strong cash flow growth investing in long-term projects.

What implications do rising inflation and interest rates have on market returns?

In what ways are investors changing their focus in the current market?