JPMorgan Backs Away From U.S. Stock Bull Market's Top Performer

  • Consumer-discretionary shares lowered to neutral rating
  • Strategist sees `significant risk' in accelerating inflation

The top-performing industry group of stocks’ current bull market faces “significant risk” as investors look for inflation to accelerate, according to Dubravko Lakos-Bujas, JPMorgan Chase & Co.’s head of U.S. equity strategy.

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