JPMorgan no longer recommends buying China stocks due to potential trade war escalation

From Google: 2024-09-05 13:23:34

JPMorgan removes buy recommendation for China stocks citing potential for ‘Tariff War 2.0’. Analysts warn of increased risk due to escalating tensions between U.S. and China. Investors urged to exercise caution amid uncertain market conditions. JPMorgan’s decision reflects concerns about impact on global economy if trade dispute continues to escalate.



Read more at Google: JPMorgan ditches its buy recommendation for China stocks due to a possible ‘Tariff War 2.0’ – Fortune