Stock Rally Warning: JPMorgan Strategist Forecasts Potential Unraveling
In a recent JPMorgan webinar, Dubravko Lakos-Bujas, the bank's chief global equity strategist, shed light on the precarious state of the ongoing equity rally, suggesting a stark possibility of an abrupt unraveling without prior warning. The current market scenario, characterized by a high concentration and crowding in equities, lays the groundwork for a sharp correction, reminiscent of conditions seen only a few times since the 2008 crash.
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