The US stock market could rally by up to 25% in the next six months, according to Fidelity's head of...
The US stock market could rally by up to 25% in the next six months, according to Fidelity's head of global strategy, John Ross. As an increasing number of macro and investment sentiment indicators point toward the stock market reaching a bottom, Ross believes a V-shaped recovery is possible in the short to medium term. Ross said that aggressive rate cuts are normally a precursor to the stock market rising and that such a recovery is possible within the next six to nine months. The current bear market, while in line with previous recessions in terms of the extent of decline, is headin...
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