Beware a cascading ‘flash crash’ in stocks as everyone packs into the market’s most popular names, JPMorgan chief stock strategist says

Beware a cascading ‘flash crash’ in stocks as everyone packs into the market’s most popular names, JPMorgan chief stock strategist says

Business
March 29, 2024 by secret
14
[ad_1] Getty A stock rally unwinding could come with no warning, JPMorgan’s Dubravko Lakos-Bujas said in a webinar. Concentration is so high that if one large fund begins pulling out, it could trigger a broad market fallout. Cracks are already showing as Apple and Tesla stocks slide. The equity rally that’s taken stocks on a