Global debt provides another negative for an already stretched equity multiple, JPMorgan says. Inflation ticked up again in August, putting more pressure on equities.
Financial News
JPMorgan strategists say US stock valuations at risk from high interest rates
After big gains for the U.S. stock market this year, equity valuations could come under pressure from high interest rates, based on historical relationships, JPMorgan strategists said on Tuesday.
JPMorgan’s top strategist warns stocks could be about to plummet 20%: ‘I’m not sure how we’re going to avoid’ a recession.
“The upside versus downside in stocks is not that great,” according to Marko Kolanovic.
Small caps struggle with the Russell 2000 and S&P SmallCap 600 hitting 1-year lows
In a recent note to clients, DataTrek noted that while the U.S. equity selloff since July 31 has been damaging for large caps, it has been far worse for small caps, as both the Russell 2000 and S&P SmallCap 600 both tagged 1-year lows this week.
JPMorgan strategists say US stock valuations at risk from high interest rates
After big gains for the U.S. stock market this year, equity valuations could come under pressure from high interest rates, based on historical relationships, JPMorgan strategists said on Tuesday.
JPMorgan says S&P 500 is overvalued
Global debt provides another negative for an already stretched equity multiple, JPMorgan says. Inflation ticked up again in August, putting more pressure on equities.