Inflation Concerns Return: Will Stocks Tumble as Bond Yields Rise Again?
New York, NY – Stocks experienced a resurgence on Monday after a recent decline, but concerns linger among bearish strategists on Wall Street. Despite the bounce-back, worries persist about Federal Reserve interest rate cuts, stubborn signs of inflation, and stocks trading at above-average valuations. Many are drawing comparisons to the market’s position before a three-month downturn in late summer and fall of 2023. JPMorgan’s chief market strategist, Marko Kolanovic, expressed caution in a note, suggesting …