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Stocks could fall 'another easy 20%' and next drop will be 'much more painful than the first', Jamie Dimon says

Por: MarketWatch Business October 10, 2022

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“It may have a ways to go. It really depends on that soft-landing, hard-landing thing and since I don’t know the answer to that it’s hard to answer…it could be another easy 20%,” Dimon said. “The next 20% could be much more painful than the first. Rates going up another 100 basis points will be a lot more painful than the first 100 because people aren’t used to it, and I think negative rates, when all is said and done, will have... + full article



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