J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.
J.P. Morgan doubles down on the bank's careful stance and prediction of a market pullback in August, warning not to buy stocks until September.
"At the overall market level, we continue with our tactical cautious stance, advocating a market pullback during August," he writes. Strategists led by Mislav Matejka doubled down on the bank's careful stance and prediction of a market pullback, saying that better seasonal data, central bank easing and a possible postponement of tariffs could juice the market in September.
France Dernières Nouvelles, France Actualités
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