JPMorgan Sees Four Reasons Supporting US Stocks Amid Macro Volatility
JPMorgan's recent analysis offers four reasons supporting U.S. stocks despite macro volatility.
The firm believes investors should remain bullish on US equities due to robust growth, moderately high interest rates, a tendency toward a weaker US dollar, and neutral-to-light hedge fund positioning.
August's nonfarm payrolls added 162,000 jobs, significantly beating expectations, but the real suspense regarding a September rate hike hinges on the September 11 CPI print.