The equities markets have reached a top and are due for a pullback by about 15% - 20% in the New Year, said Gareth Soloway, chief market strategist at InTheMoneyStocks.com.“We’re now getting to a point where we have such inflated valuations that if you don’t get this monstrous beyond 35% earnings growth [that some analysts are forecast] then markets are going to sell-off pretty sharply,” Soloway said.