Rosenberg: Stock market rally has no fundamentals

MarketsInsider/Zahra Tayeb/7-7-2023

“It’s been a sentiment and momentum-driven market, I think rather devoid of the fundamentals. And at some point, the Fed’s tightening, which is unending, is going to break the back of something.” – David Rosenberg Rosenberg Research

USAGOLD note: In short, stocks are in a bubble……Rosenberg says the “next 12 months are going to be really rough.”