JPMorgan Analysts Advise Buying on Dips Amid Fed Rate Cuts

According to BlockBeats, JPMorgan's trading team, led by Andrew Tyler, has advised investors to 'buy on dips' following the Federal Reserve's recent interest rate cut, which aligns with their 'dovish cut' expectations. The team anticipates two more rate cuts this year, viewing these preventive measures as support for bullish investors, especially after retail sales data exceeded expectations on Tuesday. The Tyler team identifies two key data points as the core drivers for future stock market growth: the September non-farm employment report, set to be released on October 3, and the inflation data for the month, scheduled for October 15. If employment data rebounds after two months of weakness and inflation remains 'manageable,' combined with a strong third-quarter earnings season concentrated in the third week of October, U.S. stocks could experience a 'breakthrough rally.' For investors hoping for the S&P 500 to surpass 7,000 points by year-end, this would be a crucial first step.