Top money manager cuts exposure, warns stocks are too expensive
Stocks may be coming off their worst week in about two months, but Bryn Mawr Trust’s Jeffrey Mills warns there are few bargains.
He believes Wall Street isn’t accurately pricing in pain of the economic shutdowns.
“We don’t love the risk-reward right now in the stock market,” the firm’s chief investment officer told CNBCs “Trading Nation” on Friday. “We did use the rally above 2,800 [on the S&P…
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