In the Margins
A team of global equity strategists from JPMorgan believe that an interest rate hike by the Federal Reserve this year could be good for stocks. The Fed only would hike if economic data were to allow it, Mislav Matejka, JPMorgan’s global equity strategist, and his team said in a note on Monday. That includes a pickup in U.S. payrolls and a stabilization in Chinese economic activity into year-end. Read the original story from MarketWatch.
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