Business

Stocks Can Rally Out of Jackson Hole, Strategists Say

[ad_1]

“We see risk that the market prices more hawkishness than he delivers,” Steve Englander, New York-based strategist at the bank wrote in a research note. “With positioning skewed in a bearish direction, we could see a relief rally even on a moderately hawkish stance, recognizing that data on activity and inflation are the ultimate USD drivers.”



[ad_2]

Source link

What is your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Comments are closed.

More in:Business