Wall Street Talks: Worries Over Possible 44% Drop in Major US Stock Index

Wall Street Talks: Worries Over Possible 44% Drop in Major US Stock Index
Wall Street Talks: Worries Over Possible 44% Drop in Major US Stock Index
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Published: 04/28/2024 09:00

Photo by Peter Morgan (AP Photo/Scanpix).

As stock indices turn downward, the voices of stock skeptics are getting louder. The depth of skepticism is not the same, and some call for long-term prospects not only for shares, but also for technology shares. Others, by their example, remind us that investors who sell a little earlier can avoid a very painful shock.

Jamie Dimon

Jamie Dimon, head of the largest US bank, JPMorgan Chase, last September urged his clients to carefully assess the risks of being prepared for even 7% base salary rates (now they reach 5.5%). A few days at that…

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