Swati Khemani, Founder and CEO of Carnelian Asset Management & Advisors, says one of the most overlooked risks in equity markets is de-rating — the compression of valuations when expectations race ahead of business performance. In her view, the sharpest warning sign appears when investors begin pricing in perfection before companies have delivered the operating evidence to justify it.
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"Market Expectations Can Outrun Reality, Warns Carnelian’s Swati Khemani"
Swati Khemani, Founder and CEO of Carnelian Asset Management & Advisors, says one of the most overlooked risks in equity markets is de-rating — the compression of valuations when expectations race ahead of business performance. In her view, the sharpest warning sign appears when investors begin pricing in perfection before companies have delivered the operating evidence to justify it.
Market Expectations Can Outrun Reality, Warns Carnelian’s Swati Khemani
R
RDU Global Wire
Macro Economy & Fiscal Policy Desk
New Delhi, India Just now (10:19 AM IST)•5 min read
Swati Khemani, Founder and CEO of Carnelian Asset Management & Advisors, says one of the most overlooked risks in equity markets is de-rating — the compression of valuations when expectations race ahead of business performance. In her view, the sharpest warning sign appears when investors begin pricing in perfection before companies have delivered the operating evidence to justify it.
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