Investors look ready to press pause on the stock rally, a day after the S&P 500
finally moved into positive territory for the year, and the Nasdaq
marked its first record close since Feb. 19.
Possibly dampening the mood is a World Bank forecast predicting 2020 will see the worst global recession since World War II, which adds weight to the argument by some that markets and the economy are in a total disconnect right now.
That likely won’t scare Capital Wealth’s market strategist Jeffrey Saut, who brings nearly 50 years of experience and has been sticking to his bullish stock…