Sean O'Hara, President of Pacer ETFs Distributors, expresses concerns about a significant economic challenge looming over the markets, likening it to a 'hurricane.' He points to geopolitical tensions that are causing distress among investors, indicating that these factors could have adverse effects on stock performance.
Negative
Given O'Hara's warning of a potential economic 'hurricane' and the emphasis on geopolitical tensions, it is likely that the overall market will face downward pressure. Investors may want to consider protective strategies during this turbulent period.
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Oct 11, 2024, 12:25 PM
JPMorgan Chase & Co. chief Jamie Dimon on Friday sounded the alarm about "critical risks" to the U.S. economy in the bank's third quarter earnings report.
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