Pricey stocks put investors at risk right now: Bryn Mawr’s Jeff Mills

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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 500] to lighten up a little bit on equities.”

It’s a strategy he outlined on the show in late March. By mid-April, he was cutting his exposure, and it’s a move he

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Wall Street Week Ahead: Investors prepare for more U.S. stock swings as states reopen

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NEW YORK (Reuters) – Investors are bracing for more turbulence in U.S. stocks, as some states prepare to reopen their economies and global trade tensions rise.

FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo

The Cboe Volatility Index , known as Wall Street’s fear gauge, posted its biggest weekly gain in about two months, reflecting the S&P 500 index’s .SPX 2.6% slide from its April 29 high. VIX futures have jumped as well, with investors pricing

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Investors prepare for more U.S. stock swings as states reopen

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NEW YORK (Reuters) – Investors are bracing for more turbulence in U.S. stocks, as some states prepare to reopen their economies and global trade tensions rise.

FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 20, 2020. REUTERS/Lucas Jackson

The Cboe Volatility Index , known as Wall Street’s fear gauge, is set for its biggest weekly gain in about two months, reflecting a sell-off that has taken the S&P 500 index down nearly 4% from its April 29 high. VIX futures have jumped as well, with investors now pricing elevated

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S&P gains as investors juggle pandemic fears with recovery prospects

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(Reuters) – The S&P edged higher on Thursday as investors weighed the prospect of additional stimulus and states reopening for business against bellicose remarks from President Donald Trump about U.S.-China trade negotiations and dire warnings from a whistleblower about the U.S. response to the coronavirus pandemic.

FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., April 26, 2020. REUTERS/Jeenah Moon

The Dow joined the S&P in the black, while tech shares held the Nasdaq in negative territory.

The Wisconsin

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