JPMorgan: Here’s Why Your Portfolio is at Risk

JPMorgan (NYSE: JPM) just said…

Last week’s market sell-off was just a warm-up for what’s to come.

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Last week’s market decline was the worst in two years.

And according to a new note from JPMorgan…

It was an early warning of what’s to come.

The bank said the market was overwhelmed by fears of slowing economic growth and the unwinding of the carry trade.

Since then, the market has recovered all its losses.

However, JPMorgan says that “some market players are brushing off the recent crash as a one-time event or a flash crash, but we view it as a practice run for what’s ahead.”

The sell-off started as US unemployment spiked…

And it got worse when the Japanese market plunged 12.4%—it’s biggest drop since “Black Monday” in 1987.

Now, I’m not sure what will happen next.

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Yours in Wealth,

Ian Wyatt