JPMorgan downgrades China stocks due to fears of escalating trade tensions.
From CNN: 2024-09-05 13:50:00
JPMorgan downgrades China stocks amid concerns of a possible ‘Tariff War 2.0’. The move comes as tensions rise between the US and China over trade issues. Analysts warn of potential negative impacts on the global economy if trade tensions escalate further. Investors are advised to proceed with caution in the current market environment.
Read more at CNN: JPMorgan Downgrades China Stocks. A ‘Tariff War 2.0’ Could Be Coming. – Barron’s