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Thursday, April 25, 2024

The conditions needed for a stock market bottom are forming as investors get overly bearish, JPMorgan says

The more than 20% year-to-date decline in the S&P 500 could be nearing its end as “pre-conditions” for a stock market bottom are starting to form, JPMorgan’s Marko Kolanovic said in a Monday note. Kolanovic explained that much of the ongoing sell-off in stocks can be attributed to a very aggressive …

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