JPMorgan: US stocks ‘correction' far from over
JPMJP MORGAN CHASE(JPM) Finbold·2024-04-23 16:38

Weeks after warning investors that stocks could crack at any moment, after which the United States equities, indeed, started to sell off, analysts at JPMorgan Chase (NYSE: JPM) continue to stand by their bearish prognoses, arguing that the correction in the American stock market is far from over.As it happens, JPMorgan’s chief market strategist Marko Kolanovic has shared a pessimistic forecast that spells trouble for stocks despite a temporary stabilization in the market triggered by positive earnings resul ...