Reported 11 months ago
Since mid-April, the US stock market has been on the rise, but recent warnings from Wall Street investment banks indicate that this upward trend may be coming to an end. Deutsche Bank predicts a pullback in the S&P 500 index, while JPMorgan highlights decreasing short positions in US stock ETFs, signaling potential weakness in the index. Reasons cited for a possible end to the recent bull run include high exposure levels of index funds, diminishing risk tolerance in the market, and impending quiet periods for companies reporting Q2 earnings, affecting stock buyback activities and market demand. JPMorgan warns that if negative news leads to a reversal in decreasing short positions held by ETFs, the stock market could face significant downturns.
Source: YAHOO