Jamie Dimon Just Made a Bold Call on the Future of the Stock Market. History Says Investors Should Make This 1 Move
Investing success means staying in the market.
Overview
Is now a good time to invest in the stock market? According to Jamie Dimon, the answer is no. The CEO of JPMorgan Chase (NYSE: JPM) said in an interview last week that geopolitical tensions and a highly valued market are issues, and while he might consider some stocks if they were a "great investment," he wouldn't invest broadly in the stock market.
Here's what investors should do.
Details
JPMorgan Chase is coming off a record quarter with outstanding performance. Revenue increased 27% year over year to a record $58 billion, and net income rose 41% to $21 billion. JPMorgan Chase stock shot up and is sitting at a high of $354 per share.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.