Skip to content
Subscriber Only

Emerging Stocks Face Significant Correction, JPMorgan Says

Emerging-market stocks may enter a “significant correction” after they trailed developed-nation shares this year, according to JPMorgan & Chase Co.

“Fundamentals and technicals are weakening,” Adrian Mowat, the chief Asia and emerging-market strategist at JPMorgan, wrote in a report dated yesterday. He recommended options that protect against stock losses and advised selling equities that are most sensitive to market swings.