A renewed bout of volatility hit global markets as recent talk about a U.S. economic recession mostly seen as premature spurred warnings that this year's sizzling stock rally has gone too far...
The economy is not in crisis, at least not yet, said Callie Cox at Ritholtz Wealth Management. But it's fair to say we're in the danger zone. The Fed is in danger of losing the plot here if they don't better acknowledge cracks in the job market...
At LPL Financial, Quincy Krosby said that after such a strong rally, valuations, sentiment and positioning had become stretched. What markets are experiencing is an unwinding of that bullish positioning, she said...
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