---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42788657.md"
description: "I just read J.P. Morgan's research report saying that this deleveraging wave in the US stock market will last for another 3 months, meaning it will remain volatile until September... Everyone can just treat it as a joke."
datetime: "2026-07-19T02:17:57.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42788657.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42788657.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42788657.md)
author: "[清风徐来木头哥](https://longbridge.com/en/profiles/17793224.md)"
---

# I just read J.P. Morgan's research report saying t…


## Comments (2)

- **梦想：打开账户天天笑 · 2026-07-19T05:51:06.000Z**: I've seen the Philadelphia Semiconductor Index never fall for more than a month, unless it's a bear market or AI development stops.
- **浩浩荡荡地 · 2026-07-19T03:35:23.000Z**: Anyway, dollar-cost averaging has no impact