JP Morgan: Cautions About the Negative Impacts of Tariffs
🚨 JP Morgan warns that tariffs can lead to several negative economic consequences.
📉 Potential outcomes include higher prices, reduced economic activity, lower corporate profits, increased unemployment, greater inequality, decreased productivity, and heightened geopolitical tensions.
🌐 The bank's analysis suggests that tariffs are generally detrimental to economic stability and growth.
JP Morgan’s Prediction: Modest 3% Growth for S&P 500 Over Next Decade?
📉 JP Morgan predicts only a 3% average growth for the S&P 500 over the next 10 years.
🤔 This forecast raises concerns about potential market overvaluation.
🐻 The analysis suggests a cautious outlook, contrasting with recent market exuberance.
