) briefly crossed 40,000 this week. Global Market Strategist at JPMorgan Asset Management Jack Manley joins The Morning Brief to discuss the significance of this milestone and why he believes the market only has room to grow.
Ho honestly, because, um, the macro data have been pretty good and, and you know, all these macro data that we've been talking about CP IP P IP employment from a couple of weeks ago, all this stuff matters because of what it means for rates. Markets are forward looking and for a market that might be looking 6 to 9 months out, even when you're thinking about a portfolio pivot, what is the flashing sign that investors should be looking for in order to make sure that they're not continuing to enact the higher for longer playbook?
I feel like there's a big temptation right now with, with conversations to sort of pigeonhole yourself and say, well, is this a growth market?You cannot limit yourself to a style box or, or, you know, one way or the other.
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