Morgan Stanley Details Three Sectors for ‘Next Leg of Bull Market’ As JPMorgan Raises Odds of Imminent Fed Rate Cut

The Daily Hodl
2025.08.10 15:54
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JPMorgan Chase remains optimistic about the US economy despite recent job growth revisions, with a two-month drop of 258,000 jobs. David Kelly, chief global strategist at JPMorgan Asset Management, believes the jobs report does not reflect the overall economic health. Meanwhile, Morgan Stanley's Sherry Paul sees potential for the equity bull market to continue, highlighting growth in health and biotech sectors, and the benefits of looser government regulations for certain industries.