JPMorgan's trading desk turned bullish on US stocks ahead of jobs report
Bloomberg reports the desk moved from tactically neutral to bullish, saying economic data and earnings would underpin a persistent market boom.
TLDR
Bloomberg reported on September 28 that JPMorgan's trading desk had shifted from tactically neutral to bullish on US equities ahead of that Friday's jobs report. The desk said economic data and earnings would underpin a persistent market boom.
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