garryl
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- Dec 17, 2012
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That's what I heard. People(experts) believe that COVID-19 will peak in the coming weeks.Here we go again. Reaction is overblown, keep buying stocks they say...
“In our view, however, the market has gone ahead and priced in too severe of an adverse scenario, assuming we get timely and strong counter-policy response and a COVID-19 outbreak that peaks in the coming weeks,” JPMorgan’s chief U.S. equity strategist Dubravko Lakos-Bujas said in a note to clients.
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JPMorgan says the stock sell-off is overdone and recession risk is overblown
JPMorgan reiterated its year end S&P 500 price target of 3,400.www.cnbc.com