Traders who have been affected by one of the fastest US stock declines on record may soon see relief. Equity strategists from firms such as JPMorgan Chase & Co., Morgan Stanley, and Evercore ISI are advising clients that the worst of the recent downturn is likely over. They cite metrics including investor sentiment, positioning, and favorable seasonality. This suggests a potential reprieve for traders battered by the rapid decline in US stocks.
— news from Bloomberg
