U.S. stocks have rallied so far in July, and a nearly 10% gain in the S&P 500 since June 16 has lead to speculation from some investors about whether the market has finally bottomed.
But in the view of at least one market strategist, the answer to this question is an emphatic “No.”
“It still looks a bit wobbly,” HSBC Chief Multi-Asset Strategist Max Kettner told Yahoo Finance Live on Monday. “To me, there’s this bear market rally we are seeing, because the underlying fundamental data…
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