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Former JPMorgan Chief Strategist: Trump-Musk Feud Could Spark 10% Correction in U.S. Stock Market
1 day ago /
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Author：小编
Marco Kolanovic, the ex-chief market strategist at JPMorgan, foresees a potential correction in the U.S. stock market, with the ongoing feud between Donald Trump and Elon Musk serving as one of the potential catalysts. He projects that a downturn in Tesla's share price could ignite a 5%-10% correction across the broader U.S. stock market. Kolanovic emphasizes that retail investor darlings such as Tesla pose a risk of momentum collapse, while economic uncertainties and ongoing trade wars further complicate the landscape.
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