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JPMorgan Chase Is Worried About the Stock Market


JPMorgan Chase Is Worried About the Stock Market

A little over two weeks ago, the head of JPMorgan Chase's (NYSE: JPM) investment bank issued a rare warning about the state of the stock market, telling research analysts at Keefe, Bruyette, and Woods that the bank is anticipating a "painful market correction in the near future," according to Business Insider.

And Daniel Pinto isn't just saying this -- JPMorgan Chase also is backing it up with action by "beefing up risk management and hewing conservative."

Image source: Getty Images.

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Source: Fool.com

JPMorgan Chase & Co. Stock

€185.14
2.510%
JPMorgan Chase & Co. gained 2.510% today.
The stock is an absolute favorite of our community with 32 Buy predictions and no Sell predictions.
With a target price of 202 € there is a slightly positive potential of 9.11% for JPMorgan Chase & Co. compared to the current price of 185.14 €.
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