US EditionOne Global Strategist Sees a Market Correction Resulting From Iran War Fallout. Where to Hide
JPMorgan Chase forecasts a potential 10% drop in U.S. stocks from late-January highs due to ongoing Middle East conflict and rising oil prices, increasing market volatility.
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3 Articles
JPMorgan Expects a Market Correction Due to the War. How Large?
Key PointsPresident Trump said that an end to the war is in sight, though evidence for it is scant.Oil peaked above $110, then fell back on Trump's comments, but uncertainty remains.10 stocks we like better than JPMorgan Chase › Amazingly, after plummeting on Monday morning over fears of a larger-than-expected war in the Middle East and spiking oil prices -- well over $110 a barrel over the weekend -- the S&P 500 index ended the trading session …
The financial market since the end of January has shown strong volatility, reflecting very much the current scenarios, especially those relating to war between the United States, Israel and Iran. This context has interrupted a very favourable phase of subsequent memories of the Bolsa and is accentuated by the dollar, above the expectations of analysts, mainly by the increase in the flow of external investments, resulting in, in good part, uncert…
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