Reported about 8 hours ago
JPMorgan's Ilan Benhamou forecasts that US stocks will remain stagnant in early March due to poor economic indicators but expect a rally later in spring. He notes the influence of recent layoffs, uncertainty from the current administration, and weak consumer sentiments on the market, stating that stocks will only break out after technical conditions improve. He anticipates a rebound in late March to early April, driven by improved macro conditions and consumer buying.
Source: YAHOO