US Loses AAA Rating & S&P 500 Record 'Inevitable'
Bloomberg Daybreak: Europe Edition
00:00
The S&P 500's All-Time High Is Inevitable
An all-time high for the S&P 500 feels inevitable according to JP Morgan's trading desk. The team says that better economic growth and a pause in the Fed's hiking cycle will push stocks to a new high of 4,800, 5,000 or even higher. Former UK energy secretaries have told him that they are unhappy with Drax's conduct.
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