Does the top end of the market look a little fatigued and stretched, now that we are close to election outcome and near term the market has been running up in March and April?
Yes, you will see a lot of ups and downs close to a big event like the election. So, in the near term, there is going to be a substantial volatility, but if we just step back a bit and look at the corporate earnings growth and valuations, markets are not cheap but are at 19-19.5 times FY20 earning ..
