Guess I'm not the only one calling for a deep down nasty collapse!!!!!
JP Morgan co-president warns of 'deep correction' for stocks totaling as much as 40%
Thomas Franck | @tomwfranck
- "The equity market has some way to go for the next year to two," said J.P. Morgan's Daniel Pinto. "But then, if there is a correction, it could be a deep correction."
- Pinto noted that market corrections tend to be the result of many factors, but he highlighted central bank activity as a potential pitfall for markets.
- "Those are the things you want to watch: That inflation doesn't go up too fast, that forces the central banks to go a little faster and quickly than they're doing now," he added.
Published 9 Mins Ago
https://www.cnbc.com/2018/03/08/jp-...or-stocks-totaling-as-much-as-40-percent.html
The only problem is markets typically end the quarter on an up note.