Morgan Stanley: The US stock market will maintain its global dominance and continue to outperform other markets

Zhitong
2024.11.27 12:52
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JP Morgan strategist Mislav Matejka stated that unless geopolitical and trade policy risks diminish, the US stock market will continue to dominate global markets. This year, the US stock market has outperformed international markets driven by technology stocks and artificial intelligence, and the Federal Reserve has entered a rate-cutting cycle. The S&P 500 index is expected to rise by 26% in 2024, while the MSCI Global (excluding the US) index is expected to rise by only 3.5%. Matejka holds a cautious outlook on the stock market for the first half of next year, suggesting attention to Federal Reserve policies and geopolitical factors