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JPMorgan Traders: 3 Reasons To Be Bullish (But Near-Term Risks Remain)

Beyond Mainstream News by Beyond Mainstream News
October 16, 2023
in FINANCIAL
0
JPMorgan Traders: 3 Reasons To Be Bullish (But Near-Term Risks Remain)

Unlike JPMorgan’s Research strategist Marko Kolanovic, who recently analogized the equity market to 2008’s crisis, JPMorgan’s trading desk has – much like Goldman’s trading desk – a more optimistic view of the weeks ahead for stocks.

Their thesis is simple (and less driven by the technicals/positioning than Goldman’s bullish sentiment): positive GDP growth plus improving earnings and a paused Fed is the formula to be bullish stocks.

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https://www.zerohedge.com/markets/jpmorgan-traders-3-reasons-be-bullish-near-term-risks-remain

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