Stifel’s Bannister Sees 'Down Before Up' S&P 500

The video discusses the current market trends, highlighting near-term weaknesses and the impact of real yields on PE ratios. It explores the potential effects of inflation expectations on growth equities and the associated risks in a high PE and volatile market. The conversation also covers sector performance, suggesting a defensive investment strategy in the face of potential market sell-offs.

What is the significance of the PE ratio in the current market context?

What strategies are suggested for navigating the market in the near term?