JPMorgan Says Dovish Fed Could Spark 10% S&P Rally, What Do You Think?
@Capital_Insights：
While hopes for a less aggressive Federal Reserve helped US stocks overcome last week’s flurry of disappointing earnings from tech giants, $JPMorgan Chase(JPM)$ now sees room for a massive rally should policy makers turn dovish when they announce their decision on Wednesday.According to Andrew Tyler, the $S&P 500(.SPX)$ could surge at least 10% in one day if the central bank raises interest rates by a slower-than-expected 50bp, and Chair Jerome Powell signals willingness at the press conference to tolerate elevated inflation and a tightening labor market.The scenario is the “least likely” to materialize, yet the “most bullish” outcome for equity investors,