JUST IN: #JPMorgan warns stocks could plunge after the midterms if US-Iran tensions escalate #USMidterms
NOTE: For context, history has leaned the other way: the S&P 500 was higher 6 months after all 19 midterms since 1950. The catch this time is the starting point. $SPY
sits ~5% above our fair value estimate.
NOTE: For context, history has leaned the other way: the S&P 500 was higher 6 months after all 19 midterms since 1950. The catch this time is the starting point. $SPY
sits ~5% above our fair value estimate.
