More on JP Morgan's bear S&P 500 forecast: Global growth deceleration, policy volatility
انتشار: آذر 10، 1402
بروزرسانی: 01 تیر 1404

More on JP Morgan's bear S&P 500 forecast: Global growth deceleration, policy volatility


I posted yesterday on JPM\'s bearish forecast for the US benchmark s&P 500:

JP Morgan predicts S&P 500 drop to 4,200 by end-2024

A little more on this, via a Bloomberg report:

  • JPM has the gloomiest forecast so far among its peers

JPM citing:

  • global growth decelerates
  • household savings shrink
  • geopolitical risks remain high
  • national elections including those in the US that could add to policy volatility
  • "Absent rapid Fed easing, we expect a more challenging macro backdrop for stocks next year with softening consumer trends at a time when investor positioning and sentiment have mostly reversed"

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Graphic via Bloomberg:

This article was written by Eamonn Sheridan at www.forexlive.com.

منبع: https://www.forexlive.com/centralbank/more-on-jp-morgans-bear-sp-500-forecast-global-growth-deceleration-policy-volatility-20231201/