Stock Market Outlook: Correction Has Further to Go, JPMorgan Says
The stock market is operating against a "problematic backdrop," and there are elevated risk factors that could spark more losses, JPMorgan said.
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The stock market is operating against a "problematic backdrop," and there are elevated risk factors that could spark more losses, JPMorgan said.
Asian equities had a strong day as Middle East tensions eased, except for Mainland China, which underperformed.
Those who want to live off the income generated by their investments, without selling any stocks, may want to reconsider how their portfolio is set up.
Asian equities were lower as Mainland China and Hong Kong underperformed despite the US 10-year Treasury Yield falling.
"There's very little sign of fiscal discipline from either party right now, which is, I think, concerning. But reality finds ways of biting."