JPMorgan trading team: Strong economic growth makes bear market 'extremely unlikely'
Odaily Odaily News reports that Morgan Stanley's trading team stated that although the risks facing the strong stock market rally are increasing, the "possibility of a bear market decline" is extremely small against the backdrop of strong economic growth. After the S&P 500 index rose more than 20% for two consecutive years, the US stock market may see a 4%-5% or even 10% correction, but the bull market remains intact with GDP above trend, the team led by Global Market Intelligence Chief Andrew Tyler said in a report to clients on Monday.
