According to Odaily Planet Daily, Wall Street strategists warn that the US stock market may still face more turbulence in the short term. Several institutions believe that amid the government shutdown, trade uncertainty, and high valuations, the stock market may still experience increased volatility in the short term. Paisley Nardini, head of multi-asset strategy at Simplify, said: "Political and fiscal news, as well as Federal Reserve policy, are likely to trigger greater volatility in the final months of the year. The market is more sensitive to news than usual, reflecting its fragility." The S&P 500 has now gone 97 consecutive trading days without a 5% correction, higher than the long-term average of 59 days, indicating that the market may be entering a technical retracement cycle. Morgan Stanley's Michael Wilson pointed out that there is still a risk of correction in the short term. JPMorgan Chase's Andrew Tyler also warned that short-term risks are increasing due to high stock valuations, crowded positions, and trade instability. (Jinshi)
