JP Morgan downgrades China stocks, predicts 'full-blown trade war' with US

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J.P. Morgan lowered its rating for Chinese equities from overweight to neutral, predicting a 'full-blown trade war' with the U.S.

 

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That means it's about the time to buy.

Which one is it? Neutral to overweight or vice versa? Your headline and story don't match.

Why is that santelli dude always screaming at us.

Is already a full-blown trade war, Chinese manufactures drop 50% orders, some in financial difficulty, others close,

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Stocks plummet as JP Morgan commentary calls Trump's tweets about a China trade deal 'completely fabricated''It doesn’t seem like anything was actually agreed to at the dinner and White House officials are contorting themselves into pretzels to reconcile Trump’s tweets,” traders from JP Morgan wrote in their desk commentary Tuesday. China says no trade agreement happened. Can't believe Trump....AGAIN. This is what he has done every single time he deal with world leaders. He ramps up the crisis, blames everyone, then tweets how in love they are with each other. Then BAM, comes the truth from the other country (not our WH though, they just keep spinning) about no deal. Fabricated - meaning Trump lied again. Millions of people are being affected by his lies. Market losses. Businesses upended.
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JP Morgan is set to report third-quarter earnings — here's what the Street expectsThe company is closely watched by investors looking for clues into how the industry's Wall Street and Main Street businesses fared in the quarter. Give n my ATM fee’s I would garners up 3% yoy ish
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