Why a JPMorgan strategist says the stock market’s tailspin might have run its course
- JPMorgan: 19 events in the last 90 days
- Previous: earlier the same day · Jamie Dimon spent years warning about America’s reliance on China. A year in, JPMorgan has put $230 billion behind fixing it
What happened
Hedge fund positioning has lightened considerably since its recent September peak, and JPMorgan strategists deduce from this that downside for stocks is now limited.
Summary assembled by rule from the sources below