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JP Morgan is expecting an S&P500 H1 2023 bottom near the October 2022 low

JP Morgan is expecting an S&P500 H1 2023 bottom near the October 2022 low

Snippet commentary from JP Morgan on the US benchmark S&P500 index.

  • We believe the market is approaching a bifurcation, at which point stocks risk seeing a more accelerated leg of the bear market that is associated with falling earnings expectations and break in correlation from interest rates
  • We ultimately expect a H1 2023 bear market bottom.
  • The realised inflation trajectory into early 2023 and the nature in which the forward rate curve reshapes to it will likely... Read More
Posted: Jan 6 2023, 04:31
Author Name: forexlive
Views: 110515

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