Analyst: The fluctuation in the US stock market will continue in the short term, it is recommended to sell on highs.

GoldenOctober2024

Jin10 data April 10 news, Philip Linhart, head of equity research at Swiss Bank Vontobel, stated that policy uncertainty is expected to last for several months, and stock market volatility may remain high. Linhart mentioned that aside from the short-term relief rebound, the U.S. government’s highly destructive and unstable trade policies have had a real impact on market sentiment. He stated, “We recommend using any short-term advantage in the U.S. stock market to sell stocks in the coming weeks and further diversify investments into non-U.S. stocks like those in Europe.” Linhart noted that the global stock market outlook in the coming days and weeks will be influenced by three key factors: the evolving trade conflict, upcoming U.S. data, and corporate earnings reports, with U.S. bank stocks starting their earnings season tomorrow.

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