JPMorgan Says the Iran War Could Send the S&P 500 Into Correction Territory
JPMorgan analysts warned clients that a prolonged war with Iran could send the S&P 500 into correction territory. The bank’s trading desk said its view has turned tactically bearish, explaining that positioning signals investors aren’t positioning for further market risks even as volatility surges. Options pricing implies the S&P 500 could drop another 2.9% this