Stock Market Outlook: Fed Rate Cut Would Be Disaster for Stocks
"If rate cuts happen this year, it will either be because of the onset of a recession or a significant crisis in financial markets," JPMorgan said.
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"If rate cuts happen this year, it will either be because of the onset of a recession or a significant crisis in financial markets," JPMorgan said.
The recent surge of cash into money market funds eclipsed the $500 billion of fund inflows seen after the Lehman Brothers collapse in 2008.
Apple stock jumped 4.5% on Friday, adding $119 billion to the company's market value, which stood at about $2.77 trillion.
"We expect Apple to institute a new buyback authorization and model a 5% dividend increase to $0.24 per share," Bank of America said.
Fundstrat's Tom Lee made the case that investors remain too pessimistic and should get on board with the idea that a new bull market has started.