Strategist Kirby Daley says the stock market is now enjoying a "Goldilocks rally" but "we are at...

|By:, SA News Editor

Strategist Kirby Daley says the stock market is now enjoying a "Goldilocks rally" but "we are at risk of 30-40% downside from here." The U.S. has taken on "this massive public sector debt" and has "only deleveraged very slightly" on private sector debt, Daley says.