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Monday, November 18, 2024

Inflation will work itself out and help drive the stock market higher as the Fed leans into a pivot, JPMorgan says

Inflation is going to work itself out and ultimately drive the stock market higher as oil prices fall and supply chain bottlenecks resolve, JPMorgan’s Marko Kolanovic said in a Monday note. Inflation has been running hot over the past year and has been top of mind for both investors and the Federal …

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