Reported about 13 hours ago
JPMorgan Chase & Co. warns of growing complacency in the stock market as it rallies despite a significant rise in earnings downgrades. While stocks have rebounded sharply, the firm notes that global earnings revisions are tilting negative, with decreases outpacing increases. Analysts suggest that high expectations, particularly in the U.S. tech sector, could lead to increased volatility in the second half of the year, prompting investors to prepare for a potential market rotation.
Source: YAHOO