Be cautious of the pullback in US stocks! JPMorgan Chase warns: Market concentration may lead to a collapse.
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JPMorgan Chase warns of a possible pullback in the US stock market, citing excessively high market concentration that could trigger a collapse. Strategists at JPMorgan Chase suggest that with increasing stock positions, investors should anticipate a price decline. They point out that the influence of the magnificent seven giants has led to an extremely high market concentration, further widening the gap between the top 10 stocks and the next 40 stocks. They caution investors that when excitement around artificial intelligence reaches its peak, the market may reverse course.
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