There’s Less to Love in US Stocks, Says RBC’s Calvasina
Equity market “has gotten a little ahead of itself,” she says
Traders on the floor of the New York Stock Exchange.
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It's hard to be extremely bearish on US stocks right now, given ongoing consumer spending and a strong labor market. But Surveillance guests are finding less and less to love, given how high valuations are in some big tech names (Nvidia) and how challenged other companies still are from higher interest rates.