Business & Finance
JPMorgan Traders Turn Bullish on US Stocks Citing Peace Deal
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JPMorgan Traders Turn Bullish on US Stocks Citing Peace Deal JPMorgan Chase & Co.’s trading desk has turned bullish on stocks following optimism that peace in the Middle East is near. “A potential US–Iran agreement could catalyze a broad risk-on impulse across equities, supported by strong fundamentals,” Andrew Tyler, the bank’s head of global market intelligence, wrote in a Monday note.
JPMorgan Traders Turn Bullish on US Stocks Citing Peace Deal
JPMorgan Chase & Co.’s trading desk has turned bullish on stocks following optimism that peace in the Middle East is near.
“A potential US–Iran agreement could catalyze a broad risk-on impulse across equities, supported by strong fundamentals,” Andrew Tyler, the bank’s head of global market intelligence, wrote in a Monday note.