JPMorgan Forecasts Year-End Stock Market Rally Despite Hedge Funds’ Cautious Approach

JPMorgan predicts a potential stock market rebound by year’s end, according to BlockBeats. This prediction comes after hedge funds drastically reduced their stock exposure in October, the lowest levels seen in over a year. Analyst Nikolaos Panigirtzoglou believes this cautious approach may actually create an opportunity for improved market sentiment. Meanwhile, retail investors remain active participants in the market, although their trading activity has stabilized following the pandemic-fueled surge.