
Wall Street’s $3.4 Trillion Market Shift: A Bearish Outlook?
Major Wall Street banks are suddenly turning pessimistic about the US stock market. This comes after a massive $3.4 trillion loss in market value this year—erasing all gains since the 2016 election. JPMorgan Chase Turns Bearish JPMorgan Chase’s global market intelligence head, Andrew Tyler, says their trading desk is now betting against short-term stock market…