“JPMorgan predicts a grim outlook for the stock market next year”

“…Dubravko Lakos-Bujas, the chief global equity strategist at JPMorgan, said in a recent analyst note that slowing economic growth, the rapid depletion of household savings and ongoing geopolitical turmoil could trigger a steep decline in the S&P 500 over the course of 2024.

“Absent rapid Fed easing, we expect a more challenging macro backdrop for stocks next year with softening consumer trends at a time when investor positioning and sentiment have mostly reversed,” Lakos-Bujas wrote in the note…”

https://finance.yahoo.com/news/jpmorgan-predicts-grim-outlook-stock-212323986.html

For those of you looking to make moves in stocks this sentence is what you might want to focus on.