“The Inevitable Pursuit of a New Record High in the S&P 500: Insights from JPMorgan’s Trading Desk”
A cadre of JPMorgan’s trading desk analysts confidently asserts that an imminent new record high for the S&P 500 is practically inevitable. The analysts stated that the substantial amount of sidelined funds renders the prospect of a technical correction highly improbable. With robust economic growth and a steady improvement in earnings, the index is poised …