Reported about 1 month ago
JPMorgan Chase's strategist Mislav Matejka cautions that the stock market may struggle to rise even with anticipated interest rate cuts by the Federal Reserve, attributing this to slowing economic growth, unfavorable seasonal trends, and elevated geopolitical uncertainties. He emphasizes a preference for defensive sectors as the S&P 500 nears record highs, amid historically weak performance in September for U.S. stocks.
Source: YAHOO