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JPMorgan’s strategists, previously known for their bearish stance on stocks, are now expressing a more optimistic outlook. This shift in sentiment marks a significant change for one of Wall Street's most bearish firms, which is turning upbeat on the stock market for the first time in two years. Despite the ongoing risks from inflation and associated bond volatility, the overall outlook for stocks remains bright, according to Edwardnh in the Everything Risk newsletter.
The risk from inflation is back. But if you can look past the associated bond volatility, the outlook still remains bright overall, especially for stocks, says @edwardnh in the Everything Risk newsletter https://t.co/fLoMmoxeAI
One of Wall Street's biggest bears is turning upbeat on the stock market for the first time in 2 years https://t.co/TmmqZ1GKkm
Wall Street's most bearish firm on stocks says there's a chance of an upswing 🥳 🎉 🪅 🎊 🍺 🍻 https://t.co/66DMRfsuI8