The S&P 500 faces a near-term selloff and likely won't rally until the Fed starts cutting rates, JPMorgan's top strategist says

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The S&P 500 faces a near-term selloff and likely won't rally until the Fed starts cutting rates,.. The S&P 500 faces a near-term selloff and likely won't rally until the Fed starts cutting rates,..

JPMorgan's Marko Kolanovic said the S&P 500 could fall 5%, while high-beta tech stocks could drop..
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