Müller-Griessman states plainly: no interest rate cuts mean false prosperity

ME News Report, April 17 (UTC+8), Goldman Sachs Asset Allocation Research Head Muller-Greisman stated that the recent rise in U.S. stocks requires the Federal Reserve to restart rate cuts to sustain the momentum. He described the stock market rebound as a "rapid and fierce recovery phase," partly driven by technical factors, including hedge funds being forced to rebuild positions. Although the S&P 500 is expected to rise over 3% for three consecutive weeks, he questions whether the rally can be sustained without monetary policy support. (Source: ChainCatcher)