The stock market is “disconnected” from reality

In other words: Stocks have room to fall and the bear market isn’t over yet


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The Refresh from Insider
The markets have been rallying lately, but Insider’s Phil Rosen says stocks still have room to fall… and the bear market isn’t over yet. 

ROSEN: Analysts from BlackRock and Morgan Stanley said on Monday that the stock market is disconnected from reality. So the S&P 500 is up almost 20% since last month, but that surge has come as fundamentals point to a slowdown. [14sec]

Phil says companies expect the FED to continue to be aggressive with its policies which will keep the pressure on the markets.

ROSEN: So pretty much they’re saying investors shouldn’t hold their breath for more upside in stocks. [5 sec]

Phil Rosen writes Insider’s 10 Things Before the Opening Bell newsletter.

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