MLIV Pulse: Are Investors Too Bullish or Bearish Going into 2023?

The video discusses the current state of risk assets and market volatility, predicting a potential buying opportunity for equities in the second or third quarter of the next year. It highlights Europe's recession status, with the UK and eurozone nearing recession, while the US economy remains relatively stable. The video concludes with a cautionary note on a possible long and deep recession, suggesting that current optimistic views may be premature.

What is the speaker's perspective on the current market conditions?

What does the speaker imply about future risks in the market?