JPMorgan Predicts Year-End Stock Market Rally Amid Hedge Fund Caution

According to BlockBeats, JPMorgan has indicated that the stock market may experience a rebound by the end of the year. This follows hedge funds reducing their stock exposure to the lowest level in over a year during October. Analyst Nikolaos Panigirtzoglou highlighted that this cautious stance could allow for an improvement in market sentiment. Retail investors continue to play a significant role in the market. Although their trading activity, which surged during the pandemic, has stabilized, it still impacts overall market capital flows.