Analyst: The Federal Reserve is not concerned about escalating trade tensions, and U.S. stocks may have a tailwind in the future
Jinse Finance reported that Adam Sarhan, an analyst at 50 Park Investments, stated that the fact is, the US stock market had already risen previously. Technically, it pulled back to a support level—the 50-day moving average—and then rebounded. The Federal Reserve indicated that there were no changes. Even if (trade) tensions escalate... the Federal Reserve will still cut interest rates against the backdrop of the stock market reaching all-time highs. Therefore, from a fundamental perspective, we will face significant tailwinds in the near future.
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