JP Morgan: As the Federal Reserve's easing expectations are realized, sentiment in the U.S. stock market may turn cautious

JP Morgan strategists stated that the U.S. stock market is hovering at historical highs due to expectations of interest rate cuts by the Federal Reserve, but the risk lies in the fact that once the easing policy is implemented, market trends may change. As investors digest more downside risks, the stock market may "temporarily become more cautious." They reiterated their bullish outlook on emerging markets