JPMorgan Chase cautions: U.S. stocks are not a good hiding

📌 JPMorgan Chase cautions: U.S. stocks are not a good hiding place, while billionaire Paul Tudor Jones foresees new lows in the market.

JPMorgan Chase recently published a market overview, warning that sentiment and macroeconomic indicators are not conducive to stable growth in stocks. Mislav Matejka, manager of global and European equity strategy at JPMorgan, said investors are likely overvaluing U.S. stocks despite increased recession risks and trade volatility, Investing.com reported. . Interview

– JPMorgan Chase recently published a market overview, warning that sentiment and macroeconomic indicators are not conducive to stable growth in stocks. Mislav Matejka, manager of global and European equity strategy at JPMorgan, said investors are likely overvaluing U.S. stocks despite increased recession risks and trade volatility, Investing.com reported.

Last month, JPMorgan raised the probability of a global recession from 40% to 60% amid President Trump’s trade war.

Matejka says that unlike in the past, U.S. stocks are no longer a safe haven during an economic downturn.

A real recession may still be avoidable, but if it does occur, many people’s belief that it is already factored into prices may be overly optimistic.

Matejka takes a bearish stance on the S