JPMorgan Clients Turn Bearish Amid Geopolitical and Inflationary Concerns
JPMorgan clients have shifted from cautious to bearish sentiment due to stalled U.S.-Iran talks, rising inflation, and other market risks. However, the bank remains tactically bullish on equities citing a resilient consumer sector, strong earnings, renewed tech interest, and potential geopolitical de-escalation.
Topics: consumer spending geopolitical tensions inflation stock market