Home / Metal News / JPMorgan Warns of Imminent End of US Stock Market Rally and Growing Risks in Commercial Real Estate Sector

JPMorgan Warns of Imminent End of US Stock Market Rally and Growing Risks in Commercial Real Estate Sector

iconMar 30, 2023 17:48
Source:SMM
On Monday, Eastern Time, Marko Kolanovic, chief global market strategist at JPMorgan Chase, warned that the recent shock to the U.S. banking sector may spread pressure to the commercial real estate sector.

On Monday, Eastern Time, Marko Kolanovic, chief global market strategist at JPMorgan Chase, warned that the recent shock to the U.S. banking sector may spread pressure to the commercial real estate sector.

Kolanovic predicted in the report that the rally in US stock market that lasted from mid-October last year to the first quarter of this year is coming to an end, and the stock market will begin to decline thereafter. He advised investors to stay defensive and not try to buy stocks on dips, as he believes U.S. stocks have peaked this year.

Market
Market

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All