JPMorgan: US stocks ‘correction' far from over

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 ...