‘Confusing Time’ for Managers Weighing Stock Bubble, Page Says
- Stocks are both as expensive and as cheap as they’ve ever been
- ‘More bearish on bonds than stocks’: T. Rowe Price’s Page
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A stellar year for the stock market is coming to a close and money-managers are looking ahead to what 2022 might have in store. But worries persist, including the perennially nagging question of whether the stock market is overvalued and in a bubble.
Sébastien Page, head of global multi-asset at T. Rowe Price, joined the “What Goes Up” podcast to talk about his views on that, his team’s current strategy, the need for diversification and his year-ahead outlook. Page manages a set of multi-asset portfolios representing more than $450 billion in assets, including the firm’s target date portfolio franchise.