What factors are contributing to the valuation concerns mentioned in the text?
This Is a Dip You Want to Buy, Says RBC's Calvasina
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The video discusses an upgrade in the S&P 500 price target, highlighting potential market volatility and pullback concerns. It emphasizes the importance of long-term investment strategies, suggesting that current dips are buying opportunities due to a strong underlying economy. The discussion also covers cyclical and value trades, with a focus on market pressures and COVID concerns.
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What is the speaker's perspective on buying cyclicals in the current market?
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