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JPMorgan Adjusts Stock Outlook Following Warsh's Remarks

Key takeaways

  • JPMorgan's trading desk adopts a cautious stance on US stocks after hawkish comments from Fed Chairman Kevin Warsh increase interest-rate hike expectations.

Analysis

JPMorgan's trading desk adopts a cautious stance on US stocks after hawkish comments from Fed Chairman Kevin Warsh increase interest-rate hike expectations.

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