AllianceBernstein strategist sees gross mispricing in equities
Because investors are looking to address tail risks instead of thinking about returns, examples of equity opportunities abound, says Vadim Zlotnikov.
“There is lots of savings and lots of government liquidity. The question is: where’s it going to go?”
Vadim Zlotnikov, New York-based partner and chief market strategist at AllianceBernstein, says investors, still spooked by the 2008 crash, are making decisions based on risk management, not fundamental analysis. That is creating massive opportunities to make money in parts of the equity universe, worldwide but particularly in the United States.
Investments over the past two years have…
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