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A JPMorgan global chief voiced concerns over the sustainability of the current market upswing
JPMorgan Chase's chief global equity strategist Dubravko Lakos-Bujas has issued a cautionary forecast amidst a record S&P 500 rally, warning of an imminent correction due to excessive crowding in top-performing stocks. This stark projection contrasts with other Wall Street banks' optimistic targets, setting JPMorgan apart with its conservative outlook for the year-end.
March 28, 2024 12:24 PM