Wall Street Strategists See Stock Rally Stalling on Fed Rate Cut

Top Wall Street strategists said the record-setting US stock rally risks temporarily running out of steam after an expected Federal Reserve interest-rate cut this week. Strategists from Morgan Stanley, JPMorgan Chase & Co. and Oppenheimer Asset Management warned that a more cautious tone may replace the bullish mood as investors focus instead on a potential economic slowdown. Most Read from Bloomberg Expectations of Fed easing have provided much of the latest impetus for the S&P 500, which is near a re ...