[JPMorgan Warns Rate Cuts May Halt U.S. Stock Rally] JPMorgan has warned that if the Federal Reserve resumes rate cuts this week, the U.S. stock rally may stall. Despite weak labor data and the market nearing historical highs, easing cycles are typically accompanied by stock market consolidation. The bank favors emerging markets and mining stocks, prefers long-term bonds, and expects the U.S. dollar to decline by 4-5% in the coming months.