Market is overpriced, equities vs gdp. Money is flowing into indexes, reducing price discovery and liquidity. Half of stocks in s&p500 have less $150m trade vol

Market is overpriced, equities vs gdp. Money is flowing into indexes, reducing price discovery and liquidity. Half of stocks in s&p500 have less $150m trade volume. Investors are over allocated to stocks. This is all following the yield curve uninverting. Bridgewater meanwhile is betting big on gold. Disclosure: I've reduced my equity holdings in half with plans to go further.