JPMorgan Cuts S&P 500 Forecast, Citing ‘Earnings Recession’ Risk

  • Strategist lowers 2016 year-end target to 2,000 from 2,200
  • U.S. stocks could see two years of flat to negative EPS growth

Finding Fair Value in a Global Market Selloff

JPMorgan Chase & Co. cut its forecast for U.S. stocks by 9.1 percent, saying heightened market volatility could damage the broader economy and bring about an earnings recession.

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