JP Morgan says US economic and corporate fundamentals remain intact but expects markets could stay choppy over the next 2–3 weeks. Broad indexes may avoid a clear pullback, yet greater volatility at the sector and stock level is likely. The bank reco

2026-09-09

JP Morgan says US economic and corporate fundamentals remain intact but expects markets could stay choppy over the next 2–3 weeks. Broad indexes may avoid a clear pullback, yet greater volatility at the sector and stock level is likely. The bank recommends reducing net long US equity exposure and considering dollar-neutral or market-neutral strategies to limit market beta. Near term, watch two external variables: whether the US‑Iran situation moves toward a deal or continues to escalate and lift oil prices, and whether the US‑Canada trade dispute intensifies. (JP Morgan report, Sept. 8)