disconnected

Similarly, major stock averages’ continuous march to records is “testament to the view that the S&P 500 has become completely disconnected from the real economy,” David Rosenberg, of Rosenberg Research, wrote this past week.

Her post on X did not outline when the terminals were disconnected.

“We’ve been living in a disconnected environment for the last six months where the market just chugs higher and the news just gets worse,” said Alex Chaloff, chief investment officer at Bernstein Private Wealth Management.

“It means the feeling of being disconnected from the world … feeling like you’re not built to keep up with the world around you,” he explains.

“Prices have completely disconnected from marginal production costs.”