S&P 500 Faces Pullback Risk as Fed Weighs Rate Hike Amid Weak Jobs
Weak July jobs data raises rate-cut hopes, but Fed chair Warsh remains hawkish on inflation. S&P 500's 13% YTD gain may be overdue for a correction, especially if rates rise.
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Weak July jobs data raises rate-cut hopes, but Fed chair Warsh remains hawkish on inflation. S&P 500's 13% YTD gain may be overdue for a correction, especially if rates rise.
JPMorgan CEO Jamie Dimon warns rising capital demand from AI infrastructure, deficits, and remilitarization could keep inflation and long-term rates elevated. He also flagged high leverage in markets…