B · Normal
[JPMorgan Chase is no longer bullish on U.S. stocks and has turned to "tactical caution/neutral"] September 1st, for most of the past two years, JPMorgan Chase has focused on the market intelligence trading desk of institutional clients, and has demonstrated amazing accuracy in grasping market turning points. The J.P. Morgan team is led by Andrew Tyler. In the latest shift in stance, the team shifted to a "tactically cautious/neutral" view on U.S. stocks. "In other words, while stock market fundamentals remain strong, short-term variables may cause the market to move sideways," Tyler wrote in a note to clients.
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