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Kumar: Don’t Ignore Yellen’s Valuation Warning
Kumar
Don’t Ignore Yellen’s Valuation Warning
(Bloomberg) -- Some valuations of defensive stocks are looking expensive, says Ben Kumar, investment manager at Seven Investment Management. He spoke to Daybreak Europe’s Caroline Hepker and Markus Karlsson after Federal Reserve chair Janet Yellen warned valuations look “somewhat rich.” He also flagged a rise in European bond yields.
Jun 28, 2017