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JPMorgan's dire warning: Stocks could crack at any moment
AppleApple(US:AAPL) Finbold·2024-03-28 09:22

Although the recent record-breaking rally of the S&P 500 has prompted multiple Wall Street strategists to raise their bets on its future performance, those at JPMorgan Chase (NYSE: JPM) stand firmly by their last year’s prognoses, even warning about the possibility of an even worse outcome.Indeed, as opposed to many of his peers, JPMorgan’s Dubravko Lakos-Bujas has shared a more depressing forecast, focusing on the risks “hovering in the background,” which outnumber the sources of upside and could strike at ...