JPMorgan Warns of Stocks Complacency as Earnings Outlook Dims
(Bloomberg) — Signs of stock-market complacency are emerging as the searing equities rally coincides with an acceleration in earnings downgrades, according to JPMorgan Chase & Co. (JPM) quantitative strategists. Most Read from Bloomberg Stocks have bounced back from April’s slump at an even faster pace than after the Covid pandemic, sending the MSCI World Index…