Reported about 14 hours ago
JPMorgan Chase strategists believe that a slowdown in the U.S. job market will hinder the potential for gains in the S&P 500, potentially counteracting any benefits from the Federal Reserve's interest rate cuts. They predict that weaker labor data and rising inflation will lead to a less supportive environment for U.S. equities. Meanwhile, Morgan Stanley forecasts a rally in the market driven by anticipated rate cuts, with their economists expecting the Fed to reduce rates seven times in 2026, which could lift stock prices in the latter half of this year.
Source: YAHOO