
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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