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Bull vs. bear: 3 debates that defined the week

From privatebank.jpmorgan.com

The good times keep rolling. Stocks notched more new highs this week. The tech-heavy NASDAQ Composite was the latest to join the club of record-breakers, even in the midst of investors’ dialed-down enthusiasm for the Federal Reserve’s pivot party to rate cuts. But while the bulls are euphoric, the bears are waiting for the next shoe to drop. Below, we dig into the debates that have defined the week, and where we stand—on inflation, the strength of the rally and Washington happenings. 1) Where’s inflation really headed? Bears say: Inflation progress has stalled, with news this week that the Fed’s preferred core PCE ... (full story)

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  • Category: Fundamental Analysis