"Look For Stocks To Explode Higher": JPMorgan Trading Desk Says "This Is The Dovish Cut We Were Looking For"

Much digital ink has been spilled discussing yesterday's dovish-then-somewhat hawkish FOMC statement-then-presser, but of all the various kneejerk hot takes the one that we assign the most value to, is also the one that was most accurate in its forecast: that of JPMorgan's Market Intel desk, which correctly said that the dovish outcome would be favorable for risk assets.