JPMorgan Strategist Sees Stock Rally Soon Fizzling Out Due to High Valuations, Rising Rates, and Slowing Growth
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JPMorgan strategist believes recent stock rally will soon fizzle out.
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Points to looming concerns like high valuations, higher interest rates, slowing growth.
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Fed expected to keep rates higher for longer, risky for stocks.
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Idea that bad economic data is good for stocks is precarious.
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Other strategists also calling recent rally a bear market bounce.