JPMorgan analysts believe worst period for US stock market to be over soon

As the experts at JPMorgan Chase & Co believe, the worst of the US stock market correction may be already behind us. As the strategists said on Wednesday, credit markets, which have repeatedly given correct forecasts in the last two years, have again eased their expectations of recession in the US.

According to JPMorgan's analysis, while small-cap stock market participants are expecting a recession in the US to take place at a 50% probability, the debt market is suggesting the possibility of an economic downturn at around 9–12%.

The analysts' view provides some breathing for investors after a significant intensification of fears regarding recession in the US. Just this week, a number of experts, including those at Goldman Sachs and Citigroup, have lowered their forecasts for US equities due to concerns about the country's economic growth.

President Donald Trump's trade policies combined with government job cuts have caused the S&P 500 index to fall nearly 9% from February's record highs. Technology stocks entered a correction.

However, according to JPMorgan strategists, if inflows into US stock market ETFs continue, the chances of an end to the current correction in the US stock market are quite high.