Sector Detector: Investors weigh US policy uncertainty versus high valuations and low risk premia

by Scott Martindale President & CEO, Sabrient Systems LLC Overview: The stock market continues to chop around within a 2-month sideways trend, as uncertainty about fiscal and monetary policies confront elevated (some might say extreme) valuations, risk premia, and market cap concentration (with the top 10% of stocks by market cap now accounting for about 75% of the total), as well…