JPMorgan's warning of a potential 26% S&P 500 $S&P 500(.SPX)$ drop to 4,000 highlights risks from trade wars and tariffs, with their recession probability now at 60%.
While the $SPDR S&P 500 ETF Trust(SPY)$ is down 8% YTD to 533.82, gold $Gold - main 2506(GCmain)$ 's rise above $3,300/oz signals investor caution.
Diversifying into defensive assets like bonds or gold may help mitigate portfolio risk.
Image
Extreme Fear is getting so boring 👻😱😴
Image
Top 10 S&P 500 stocks now account for 37.7% of the SPX, the highest concentration in more than 60 years 🚨
Image
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here:
Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
Comments