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."
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Source: Fool.com
JPMorgan Chase & Co. Stock
€192.42
0.230%
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