No, Markets Are Not "Priced For Perfection"; Deutsche Bank

Last month, Deutsche Bank Cross-Discipline Thematic Research team argued that markets weren’t “priced for perfection”, and it was therefore wrong to suggest there was little room for further upside.

Since then, risk assets have posted further gains, but the argument that markets are “priced for perfection” has only grown as investors question current valuations.

It’s still clear on several measures that the “priced for perfection” argument remains wrong.