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JPMorgan Chase Warns Stock Market Recovery May Fade As Bank of America Recommends 'Cleanest Investment Play' To Clients - The Daily Hodl

Summary by The Daily Hodl
JPMorgan Chase and Bank of America say the US stock market’s recovery will likely be short-lived. JPMorgan’s trading team believes that the US stock market has a bit more upside potential in the near term amid the de-escalation of President Trump’s trade war, reports Bloomberg. But the firm warns that the true impact of Trump’s tariffs on the economy has yet to be felt, leading the team to believe that the market is not yet over the hump. “The c…
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Greater Milwaukee Today broke the news in on Sunday, May 4, 2025.
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