Why the stunning rally in stocks this year could be followed by a 'hangover,' according to Wells Fargo

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• The euphoric rally in the stock market could be approaching a "hangover," according to Wells Fargo.
• The postelection rally in stocks looks disconnected from the economic data, the bank said in a note.
• That disconnect will need to be resolved, which could mean a correction in stocks, the firm added.

2024 was a terrific year for the stock market. The euphoric postelection rally, however, could lead to a near-term "hangover" in stocks...