Bearish Sentiment in US Stocks: Prepare for a 20% Drop by JPMorgan Chief Market Strategist
Bearish sentiment in U.S. stocks has become even more intense. On Thursday, JPMorgan chief market strategist Marko Kolanovic warned that investors need to prepare for a 20% drop in the S&P 500 index. Kolanovic pointed out that high interest rates are creating a downward breakthrough point for U.S. stocks, and if the Federal Reserve continues … Read more