Stock market rally is 'correcting for the overreaction' -adviser

STORY: The U.S. stock market recorded its worst first half of any year since 1970 but it has staged a strong rebound in the past two months on hopes a peak in the pace of monetary tightening is within sight.

“I think we’re moving from an overreaction to the kinds of levels we belong at,” said Miller.

Miller also said she saw “bounce back opportunity” in sectors including consumer discretionary, Big Tech and communication.

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