JPMorgan strategists, including Mislav Mataika, said indicators of equity sentiment and positioning looked far from attractive and that while the Federal Reserve will implement monetary easing to counter slowing growth, it may not be enough to boost stocks further, pushing them to record levels.
In addition, political and geopolitical uncertainties are on the rise, and seasonal factors are once again more challenging in September.
JPMorgan Chase: Fed rate cuts may not be enough to further boost stocks
2024-09-02 07:21:18
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