Citic Securities: "Empty running more," short-term bullish on US stocks but warns "honeymoon period" only lasts a few weeks.
According to the Smart Finance and Economics app, the trading team at JPMorgan Chase recently shifted to a tactical bullish view on US stocks, believing that positive factors such as the earnings reports of tech giants and progress in trade agreements will continue to drive the recent downturn in US stocks. However, the bank quickly emphasized in a report to clients on Monday that the momentum of this upward trend may fade in the coming weeks, and the negative impact of the US tariff increases will begin to drag on the economy in the future months.
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