21.2 C
New York
Saturday, September 24, 2022

Buy now

spot_img

JPMorgan Says the Stock Rally Has Legs. Morgan Stanley Disagrees


The schism reflects the highly uncertain outlook for the US stock market in the face of strong cross-currents. On the one hand, inflation is showing signs of pulling back from its peak and businesses have been expanding payrolls at a strong pace, both of which auger well for equities. Yet at the same time, Fed officials have signaled that they will continue to raise interest rates aggressively until consumer price increases are reined in, which risks driving the economy into a recession. 





Source link

Related Articles

Stay Connected

0FansLike
3,497FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Articles