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CoinVoice has recently learned that, according to Jin10, JPMorgan strategist Mislav Matejka pointed out that if the Federal Reserve lowers interest rates due to economic weakness or political pressure, it could trigger volatility in the stock, bond, and foreign exchange markets. The bank's analysis of data since 1980 shows that during interest rate cut cycles, the US dollar usually weakens, US Treasury yields decline, while emerging market stocks perform relatively well.
Morgan Stanley analyst Mike Wilson added that the stock market often reflects policy shifts in advance, but if employment data worsens significantly, the upward momentum of U.S. stocks may be hindered. Currently, the S&P 500 index has risen 5% this year, lower than the 21% increase in European stock markets.