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Top economists warn that the Federal Reserve cannot save the economy and fear it may face the most severe crash since 1929 after reaching the peak of US stocks.
According to the report on Tuesday, July 9 by the well-known financial website Finbold, macroeconomist Henrik Zeberg reiterated his view on economic recession and predicted that the performance of key sub-sectors will reach its peak before the recession.
Express News | JPMorgan warns that US stock market turmoil is coming tomorrow night.
Jpmorgan anticipates CPI! Is there a greater probability of bullish stock market?
JPMorgan expects the S&P 500 index to intensify volatility when CPI arrives, and the options market is currently betting that the index will fluctuate up and down by 0.9% before Thursday.
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The US heavyweight CPI report is coming, which is the trading guide given by JPMorgan.
JPMorgan traders have categorized this week's US CPI report into six possible scenarios and predicted how the S&P 500 index will react to it. JPMorgan reminds investors to be prepared for the volatile fluctuations in the US stock market caused by the CPI report this week after a long period of calm.