Newedge's Dawson Preaches Patience for Traders With FOMO

The video discusses the recent inflows into equities, highlighting a significant $21 billion increase, one of the highest in recent years. It examines the current market positioning and valuation, noting that the market is trading near pre-COVID highs, with much liquidity support and potential Fed easing already priced in. The earnings outlook for 2023 and 2024 shows no signs of recession, setting a high bar for market performance. The video suggests that better pricing opportunities may arise and recommends equal weight indices for market exposure.

What are the implications of a high bar for markets to jump over in terms of earnings?

What investment strategy is preferred according to the analysis presented?