Buckle up! Wells Fargo & Co: The U.S. stock market and the economy are disconnected and are about to correct after this year's "surge."
① Wells Fargo & Co warns that the optimistic rebound of the US stock market after the election may lead to a short-term "hangover," and the S&P 500 Index could fall by 7%. ② The report points out that the disconnection between the US stock market and the economy is worsening, with economic data being tepid, yet stock indices are rebounding and rising.
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