Market Research Raymond Kerzérho Are equity markets really as expensive as people say? PWL Capital 2018-04-2T10:00:02 April 2, 2018 I often read texts by commentators who are worried about stock markets breaking one record after another over the past few years. They think that share prices have become too high and are therefore vulnerable to an eventual correction. But is that really true? And if so, is it a good idea to sell your equities and fall back on cash?