(Marketwatch) The stock market has already discounted a significant degree of the economic recovery. So, incrementally improving data here might not do much to lift prices. The risk-reward isn’t great here.’That’s Bryn Mawr Trust’s Jeffrey Mills, who oversees $16 billion in assets, talking about what’s next for a stock market struggling for direction to start the week. At last check, futures for the Dow Jones Industrial Average YM00, 0.37% had bounced off a triple-digit drop to push higher.
The risk-reward in the stock market isn’t looking good, warns fund manager overseeing $16 billion in assets
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