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JPMorgan trading team: Strong economic growth makes bear market 'extremely unlikely'
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2025-01-07 04:01 9,840
Golden Finance reported that JPMorgan Chase's trading team said that although the risks to the strong rise in the stock market are increasing, in the context of strong economic growth, the possibility of a bear market downturn is "extremely small." After two consecutive years of gains of more than 20% for the S&P 500, U.S. stocks could see a 4%-5% or even 10% correction, but the bull market remains intact amid above-trend GDP, led by Andrew Tyler, head of global market intelligence. ’s team said in a note to clients on Monday.
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