Australian equities have come back toward fair value... but that doesn’t mean every sector is attractive. Sean Aylmer speaks with Morningstar equity market strategist Lachlan Halloway about why Morningstar now sees the ASX as fairly valued, where the opportunities are starting to emerge, and which parts of the market still look expensive.

This is Fear & Greed's summer series - all-new short episodes every day, with regular business news back from January 12. All information is general in nature. If you want to invest, we recommend you visit a financial advisor who can tailor investments to your needs.