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Reading: According to a report by JP Morgan, the stock market is expected to experience a decline of 20-30% from its highest point in 2024.
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According to a report by JP Morgan, the stock market is expected to experience a decline of 20-30% from its highest point in 2024.

Team Happen Recently
Last updated: 2024/02/10 at 10:54 AM
Team Happen Recently
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JP Morgan analysts predict that the stock market will experience a decline of 20-30% from its peak in 2024.

They warn of volatility and high risks in the market this year and highlight reasons such as economic recession and a steep yield curve for this anticipated decline.

 They also caution that large caps may reach inflated values and note the historically low yield spreads despite interest rate hikes.

 Despite this outlook, investing in small caps may be favorable.

 ICICI Direct predicts a significant spike in the Indian stock market due to the 2024 elections and advises investors to embrace market dips during February-March.

 They also expect the outperformance of PSU Bank stocks and suggest keeping an eye on IT stocks.

For more information visit at https://happenrecently.com/zepto/?amp=1

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