Plenty of fund managers believe equity markets are overvalued, but they are still allocating there. Is it a sign of 'irrational exuberance'? Or simply a rational analysis of the alternative options?
from Forbes Real Time https://www.forbes.com/sites/cherryreynard/2017/11/20/fund-managers-showing-irrational-exuberance-but-is-it-any-wonder/
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