Has the rebound in US stocks passed? Cantor Fitzgerald sounds the alarm: multiple negative factors accumulating.

In a recent investor report, Cantor Fitzgerald maintained a bearish view on the US stock market. The firm warned that the recent market rebound, driven mainly by investor positions, may have passed. The company predicts severe economic and corporate challenges in the next three to nine months, as multiple unfavorable factors emerge. Cantor Fitzgerald stated in the report, "We remain bearish on the stock market and believe that any rebound we anticipate based on multiple factors has now passed." Key concerns include inflation pressure from tariffs, a decline in consumer and business spending after earlier demand surges, and increasing uncertainty affecting recruitment and capital investment. Additionally, government layoffs are beginning to show up in employment data, and ongoing supply chain disruptions continue to put pressure on economic output. The global financial institution expects corporate profit expectations to continue to decline, and risks in the bond market will increase, especially considering the expected impact of the upcoming "Reconciliation Bill." The company also warns that stock valuations have climbed to unsustainable levels, particularly in the current economic backdrop. Importantly, the investment firm states that policymakers are unlikely to provide fiscal or monetary policy assistance unless the situation significantly deteriorates.