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Here are the bull and bear cases for stocks from JPMorgan

June 25, 2024 at 07:45PM
The Nasdaq struggled yesterday but bounced back today in a rebound from three days of selling. What next? The JPM desk offered up this.

The bull case:

Economic data inflects higher

Positive July seasonals;

Earnings deliver on expectations

Bond yields peak

Positioning tailwinds

The bear case:

Macro sentiment deteriorates

Tactical pullback arrives

Weaker guidance

AI theme abandonment

Exogenous shocks

h/t @MrMBrown

This article was written by Adam Button at www.forexlive.com.

Here are the bull and bear cases for stocks from JPMorgan