JPMorgan: The rise of US stocks after the Federal Reserve's rate cut may be difficult to sustain
According to Jin Shi reports, JPMorgan strategists have stated that the recent stock market rally may stall after the Federal Reserve's expected interest rate cuts as investors take profits. Positive signals released by policymakers have fueled bets and supported the rise in the stock market.
JPMorgan strategists maintain a bullish outlook for the medium term, believing that the dovish stance of the Federal Reserve will support the stock market. Meanwhile, low oil prices, slowing wage growth, and easing U.S. tariff pressures will allow the Federal Reserve to loosen monetary policy without exacerbating inflation.
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