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JP Morgan say a US CPI print at or below 6.9% y/y could see S&P500 jump up to 10%
Bloomberg with the scenario outlines from JPM's trading sales and trading desk.
- 6.9% or lower has the potential to lift the equity benchmark between 8% and 10% ...
The desk assigns a 5% probability to that playing out.
- “The logic here is that not only is inflation dissipating, but its pace is accelerating,”
- “This would give increasing confidence in projections of headline inflation falling ~3% in 2023. Further, if inflation is at 3%, irrespective o... Read More
Posted: Dec 12 2022, 22:03
Author Name: forexlive
Views: 110725
