Here are the bull and bear cases for stocks from JPMorgan ...Middle East

The Nasdaq struggled yesterday but bounced back today in a rebound from three days of selling. What next? The JPM desk offered up this.The bull case:Economic data inflects higherPositive July seasonals;Earnings deliver on expectationsBond yields peakPositioning tailwindsThe bear case:Macro sentiment deterioratesTactical pullback arrivesWeaker guidanceAI theme abandonmentExogenous shocksh/t @MrMBrown This article was written by Adam Button at www.forexlive.com.

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