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JPMorgan: Fed rate cut may not be enough to further boost the stock market
Golden Finance reported that Morgan Stanley strategists, including Mislav Matejka, stated that the stock market sentiment and Position indicators do not seem attractive at the moment. Although the Fed will implement monetary easing to address the slowdown in rise, it may not be enough to further boost the stock market to record levels. In addition, political and geopolitical uncertainties are rising, making September's seasonal factors more challenging once again.