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JP Morgan: US small & mid-cap stocks have "quite a bit of upside" if inflation, rates fall
JP Morgan's Kolanovic on the US June CPI result in a note Monday:has slightly increased the Federal Reserve’s chances of a “soft landing”“While we still see the Fed hiking at the July meeting, the downside CPI surprise means a narrow path to a soft landing is modestly wider” remains skeptical “that a soft landing can be achieved in which inflation returns to central bank comfort zones on a sustained basis without a downturn.”warned that European stocks face risks in H2 from more European Central...
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Posted: Jul 17 2023, 21:40
Author Name: forexlive
Views: 102050