The trouble with overconfidence and securities priced to perfection is that something always happens to upend the narrative. Underdogs often accomplish more for less; it’s a question of when, not if. Necessity has always been the mother of invention because constraints drive ingenuity.
Anna Edwards, Guy Johnson, Kriti Gupta and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” Here is a direct video link.