FlowBank

414 days ago • Posted by Paul de La Baume

Bears pile in, but what are the catalysts? #markets #stocks #trading $SPY $QQQ

JPMorgan's Kolanovic is the latest to fall in the bear camp, calling the stock rally a 'bear-market trap', arguing that the US economy' disinflationary process could just be transitory. The reality is the situation is more nuanced as markets are digesting favorable data that is showing the economy is slowing but it is still resilient. In fact, inflation is for now slowing, and earnings are stronger than feared, but the jobs market in the US remains too tight.  

#Stocks
bg_newsletter