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Market Correction Now Likely Given Wall Street's "Nothing Can Go Wrong" Hubris | Lance Roberts

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Despite stretched valuation levels and further signs that the consumer is struggling, stocks are partying on.

Portfolio manager Lance Roberts sees stocks prices as having "detached from all the underlying economic data" at this point.

That doesn't mean they won't go even higher still here in the near term.

But he does think the probability of a correction is now quite high.

So how is he positioning for that?

We discuss that, as well as what…

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