JPMorgan: Fed rate cuts may not be enough to further boost stocks

Odaily News JPMorgan strategists including Mislav Matejka said stock market sentiment and positioning indicators look far less attractive, and while the Federal Reserve will implement monetary easing to counter slowing growth, it may not be enough to further boost stocks and push them to record levels. In addition, political and geopolitical uncertainties have increased, and seasonal factors in September are more challenging again. (Jinshi)