JPMorgan warned investors to be prepared and exercise caution, more so if macroeconomic data continues to come in weaker than Wall Street’s expectations.
JPMorgan reportedly warned investors to be prepared and exercise caution, noting that the “goldilocks” narrative is still dominating U.S. equity markets.
In a recent note seen by CNBC, JPMorgan’s Fabio Bassi, head of cross-asset strategy, urged investors to brace for incoming volatility in U.S. equities, more so if macroeconomic data continues to come in weaker than Wall Street’s expectations.
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