Stocks Slump in September, Outlook Remains Mixed as Earnings Season Approaches

Stocks have had a brutal September, and Wall Street is divided on what's next. Fundstrat remains bullish, while JPMorgan warns more pain is ahead.

Soaring bond yields may be a near-term headwind for stocks, but could ease later on.

Earnings reports starting in October could help calm the stock market. But returning to 52-week highs this year is doubtful.

Cautious optimism that economy is slowing, which could limit further yield spikes and benefit stocks.

JPMorgan reiterates view that sell-off isn't over yet, citing recession risks and other headwinds for stocks.