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JPMorgan warns: US stocks may stall if Fed restarts rate cuts this week
Summary: In a recent report, JPMorgan warned that if the Federal Reserve restarts rate cuts this week, the upward momentum of US stocks may cool down. Despite weak labor data, the market is approaching historical highs, but history shows that after a period of easing, the stock market often enters a consolidation phase. The bank maintains ...
In a recent report, JPMorgan warned that if the Federal Reserve restarts rate cuts this week, the upward momentum of US stocks may cool down. Despite weak labor data, the market is approaching historical highs, but history shows that after a period of easing, the stock market often enters a consolidation phase. The bank maintains a bullish view on emerging markets and mining stocks, favors long-term bonds, and expects the US dollar to decline by 4-5% in the coming months.
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Link: JPMorgan warns: US stocks may stall if Fed restarts rate cuts this week [Copy]