Asset management firm: US stock market is overvalued, maintain a cautious stance
According to ChainCatcher, citing Golden Ten Data, analysts at the French asset management company Edmond de Rothschild Asset Management stated in a report that the US stock market is overvalued and should be approached with caution.
The analysts pointed out that the recent upward trend in the stock market relies on the Federal Reserve cutting interest rates in this week's rate decision. However, internal voting disagreements and differing opinions among committee members may weaken market expectations for three rate cuts in 2026. Currently, the US money market estimates an 86% probability of a 25 basis point rate cut this week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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