JPMorgan: Fed rate cuts may not be enough to further boost stocks
Including Morgan Stanley strategist Mislav Matejka, stock market sentiment and position indicators do not look attractive. Although the Federal Reserve will implement loose monetary policies to address the slowdown in growth, it may not be enough to further boost the stock market and push it to record levels. In addition, political and geopolitical uncertainty is on the rise, making seasonal factors in September more challenging.
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