JPMorgans Erdoes: Market Correction Wont Be 10%

Erdoes Erdos, CEO of JP Morgan Asset Management, predicts that the market will not see a 10% correction. Instead, she suggests that stocks will either fall slightly or significantly, with no middle ground. She foresees a 2% correction with cash inflow or a severe correction worse than 10%. Currently, the S&P has dropped nearly 6% from its peak last month.

Who is Erdoes Erdos?

• A government official

• A stock market investor

• A financial analyst

• CEO of JP Morgan Asset Management

What does Erdos predict about the market correction?

• It will be exactly 10%

• It will stabilize soon

• There will be no correction

• It will be either small or very large

According to Erdos, what is unlikely to happen in the market?

• A 2% correction

• A 10% correction

• A 5% correction

• A 15% correction

What does Erdos warn about the potential market correction?

• It will recover quickly

• It could be worse than 10%

• It will be less than 2%

• It will be exactly 6%

How much has the S&P fallen from its peak last month?

• 2%

• 4%

• 6%

• 8%