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Wednesday, April 24, 2024

A reset in earnings expectations could spark a Fed pivot and entice investors into buying stocks again, JPMorgan says

A reset in 2022 earnings expectations could cause the Federal Reserve to pivot from its current policy of raising interest rates and hit pause, JPMorgan’s Marko Kolanovic said in a note on Wednesday. Such a move by the US central bank would likely lure investors into buying stocks and taking on more …

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