Markets have reached multi-year high after ‘epic recovery’ – Gareth Soloway

The equities markets have reached a top and are due for a pullback by about 15% - 20% in the New Year, said Gareth Soloway, chief market strategist at InTheMoneyStocks.com.

“We’re now getting to a point where we have such inflated valuations that if you don’t get this monstrous beyond 35% earnings growth [that some analysts have forecasted] then markets are going to sell-off pretty sharply,” Soloway said.

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