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JPMorgan Analyst Stays BearishCoinGape
•69% Informative
JPMorgan ’s head of global and European equity strategy dismissed chances of a bull run despite rate cuts looming.
The statement has promptly sparked global discussions with the stock and crypto market expecting sentimental shifts ahead.
The S&P 500 recovered after slumping in early days of August , reaching a record high with the anticipation that the Fed would start cutting interest rates at its next policy meeting on September 17-18 .
BitMEX co-founder Arthur Hayes reveals why the September rate cuts aren’t falling into line.
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