JPMorgan exec warns stock market could fall by 40% – CNNMoney

February was an insane month for stocks

A top JPMorgan Chase executive is warning that stocks could fall as much as 40% in the next few years.

Daniel Pinto, JPMorgan’s co-president, said during an interview on Bloomberg Television Thursday that he believes market gains should continue for the next year or two. But he added that investors are nervous, and that the recent announcement about tariffs and trade wars contribute to their unease.

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