A reset in earnings expectations could spark a Fed pivot and entice investors into buying stocks again, JPMorgan says
July 21, 2022 at 04:31 AM EDT
A reset in 2022 earnings expectations could cause the Federal Reserve to pivot from its current policy of raising interest rates and hit pause, JPMorgan's Marko Kolanovic said in a note on Wednesday. Such a move by the US central bank would likely lure investors into buying stocks and taking on more … Source