Valuations Becoming Quite Stretched: UBS’s Emanuel

The video discusses the resilience of markets despite global incidents like the Ankara assassination and Berlin truck attack. It highlights the optimism in the US economy post-Trump's election and the uncertainty in Europe due to political events. The video also explores political trends towards populism and their impact on markets, particularly in the UK and US. It analyzes bull markets, stock valuations, and investment trends, noting the potential for a January buying spree and the influence of tax reform on sectors like healthcare and technology.

In what ways did the market behavior in January 2016 differ from January 2017?

What potential impacts could tax reform have on healthcare and technology sectors?