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Economic··Severity 7

JPMorgan Traders Drop Bullish View on Stocks After Warsh Speech

JPMorgan Chase & Co.’s trading desk is shifting to a “tactically cautious” view on US stocks for the next few weeks after hawkish remarks by Federal Reserve Chairman Kevin Warsh led markets to boost bets on interest-rate hikes this year.

Scenario chain

Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

A

Эскалация

41%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: Bloomberg Markets

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